Witryna12 sty 2024 · Since the lock-in period for holding of these bonds has been increased to five years (from April, 2024), if the limit is increased to Rs. 1.50 crore, the government would also benefit as it would ... Witryna13 lip 2024 · I am 70-year-old and have got long term capital gain money of ₹ 15 lacs by selling 30-year-old residential property. I have the option of buying the Section 54 EC bonds with lock-in period of 5 ...
Capital Gains Bonds for Tax Exemption under Section 54EC
Witryna20 lut 2024 · In the Union Budget 2024, the finance minister proposed to increase the lock-in period of investments in capital gain tax exemption bonds (under section 54EC of the Income Tax Act, 1961) to 5 years. Witryna54EC BONDS-SERIES XXII ROI : 5% p.a. Lock in Period: 5 Years ... 5 years. NATIONAL HIGHWAYS AUTHORITY OF INDIA - 54EC CAPITAL GAIN BONDS (Series-XXII) Highest Credit Rating i.e. CARE AAA/Stable by CARE Ltd., CRISIL AAA/Stable by CRISIL Ltd., ICRA AAA/Stable by ICRA Ltd. ... and long term capital … lingokids cost
54EC Bonds and All You Need to Know The Fixed Income
WitrynaBut the problem is the long five-year lock-in period and a meagre interest of 5 percent per annum, that too taxable in the hands of the investor. ... By investing in capital gain bonds, one's ... Witryna18 paź 2024 · Lock in period: the investment in 54EC bonds comes with a lock in period of 5 years, and is non-transferable; Investment cap: investment limit is capped at Rs.50 lakh, with a minimum investment of Rs.10,000. Each bond is worth Rs.10,000. Hence, a minimum of 1 bond and a maximum of 500 54EC bonds can be invested in Witryna13 kwi 2024 · The capital gain bonds must be held for a minimum of five years in order to qualify for the exemption under Section 54 EC. If the bonds are sold before the five … lingokids chinese