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8% GOI Taxable Bonds
Capital Gain Bonds
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Capital Gain Bonds are instruments offering you tax exemption for transferring gains of long term capital assets. As per provisions of Income Tax Act, 1961, any long term capital gains arising from transfer of any capital asset would be exempt from tax under Section 54 EC of the Act if ;
  The entire capital gain realized is invested within 6 Months of the date of transfer in eligible bonds
  Such investment is held for 3 Years
  To avail of capital gain exemption, the bonds so acquired cannot be transferred or converted into money or any loan or advance can be on security of such bond with 3 years from date of acquisition else, the benefit would be withdrawn.
  If the amount invested in bonds is less than the capital gains realized, only proportionate capital gains would be exempt from tax.
The eligible bonds under Section 54EC are;
  • National Highways Authority of India ( NHAI )
  • Rural Electrification Corporation Ltd. ( REC )
    Features of Bonds
    Company NameCoupon RateRatingTenureTax StatusTax BenefitFace Value of Each BondMinimum ApplicationMaximum ApplicationMode of InterestTransferability
    National Highways Authority of India ( NHAI ) 6% AAA 3 years Taxable SEC 54EC Rs 10,000 Rs 50,000 (Five Bond) 50 lacs Annual Not Allowed
    Rural Electrification Corporation Ltd. ( REC ) 6% AAA 3 years Taxable SEC 54EC Rs 10,000 Rs 10,000 (one Bond) Rs 50 Lacs Annual Not Allowed
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