Capital Gain Bonds - 54EC Bonds - Save Tax
Invest and save tax from the profits arising from the sale of properties under Capital Gain Bonds - 54EC. Government of India companies issue these bonds and pa interest.
The interest payable on 54 EC bonds are taxable as per the Income Tax slab. Capital gain bonds are AAA-rated.
Maximum of Rs. 50,00,000/- can be invested under 54EC bonds for tax exemption under Income Tax.
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