Capital Gain Bonds 54ec - PowerPoint PPT Presentation

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Capital Gain Bonds 54ec

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Under Section 54EC of the Income Tax Act of 1961, investors in 54 EC Capital Gain Bonds are free from capital gains tax. If these bonds are purchased within six months of the sale of real estate, the long-term capital gain that results from the sale of the property can be avoided. The annual interest rate on 54EC bonds is 5.00% and the maximum amount that can be invested in them in a fiscal year is Rs. 50,000. These bonds' interest income is taxable under the tax code. There are neither interest- or repayment-related hazards because they are guaranteed by the Indian government. The Government of India will guarantee that you will receive interest payments on these bonds each year. – PowerPoint PPT presentation

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Title: Capital Gain Bonds 54ec


1
CAPITAL GAIN BONDS 54EC
54 EC Capital Gain Bonds provide capital gain tax
exemption to the investors, under section 54EC
of the Income Tax Act 1961.
2
ABOUT OUR
Capital Gain Bonds
To avail the tax exemption over capital
gain. 54EC bonds offer a 5 rate of interest
payable annually 54EC bonds come with a lock-in
period of 5 years (effective from April
2018). The 54EC bonds cannot be transferred from
one person to another at any point in time.
COMPANY
RR is one of India's largest independent
unbiased financial and insurance players. RR is
a fully integrated and professionally managed
business with the widest product range.
3
KEY FEATURES
Rate of interest 54EC bonds offer 5 rate of
interest payable annually
Investment amount the amount of 1 bond is
10,000/- and for PFC, IRFC, and REC the minimum
number of bonds should be 2 is 20,000/- for each
and the maximum investment in 54EC bonds is 500
bonds amounting to Rs 50 lakhs in a financial
year.
54 EC Capital Gain Bonds provide capital gain
tax exemption to the investors, under section
54EC of the Income Tax Act 1961. The long- term
capital gain that arises from the sale of
immovable property can be saved by investing in
these Bonds within 6 mLoneths posf the dsale.
Tenure 54EC bonds come with a lock-in period of
5 years (effective from April 2018).
Transferability The 54EC bonds cannot be
transferred from one person to another at any
point in time.
Tax applicable on interest No TDS is deducted
for a resident individual however TDS will be
deducted for NRIs. Interest is taxable as per
the investor income slab for all investors.
4
REQUIRED DOCUMENTS
2 Process Canceled Cheque leaf for payment of
interest/redemption through NEFT/RTGS facility.
3 Process Other documents, as applicable, on the
website.
1
Process Self-attested copy of PAN Card (in case
of Joint application, self- attested PAN copy of
all the applicants) OR Form 60 (in case the
investor does not have PAN).
5
CONTACT US
9350316010
www.rrfinance.in
digi.marketing_at_rrfcl.com
6
THANK YOU
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