WebApr 13, 2024 · Updated On - 04 Apr 2024. According to the Income Tax Act, long-term capital gains (LTCG) are taxed. However, Sections 54, 54F, and 54EC allow you to … WebSection 54EC. Section 54EC allows for tax deductions of capital gains after the transfer of original or long-term capital assets. There is a specific set of criteria that has to be met in order to be eligible for the deductions and benefits of Section 54EC. Taxpayers or assessees who acquire capital gains can avail of tax deductions under ...
54 EC Capital Tax Bonds - How to save your tax after
Web54EC bonds, or capital gains bonds, are one of the best ways to save long-term capital gain tax. 54EC bonds are specifically meant for investors earning long-term capital gains and would like tax exemption on these gains. The nomenclature of the financial instrument i.e., 54 EC accrues to the fact that these bonds are those assets which enables ... WebFeb 20, 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. nous informerons
Live Chat with Balwant Jain -Taxation of bonds and debentures …
WebThese are Capital Gain Bonds and not Tax-Free Bonds. The Principal invested becomes tax free after the lock-in period but the interest continues to remain taxable. ... Quantum of Deduction under Section 54EC. Capital Gains shall be exempt to the extent it is invested in the long term specified assets (subject to a maximum limit of Rs. 50 Lakhs ... Web17 hours ago · Supreme Court Justice Clarence Thomas and relatives sold three Georgia properties that include Thomas’s boyhood home to GOP mega-donor Harlan Crow in 2014, according to a report, marking the ... WebApr 6, 2024 · Interest Gain-- Capital Gain Yield; OTHER BONDS ISSUED BY COMPANY. Bonds issued by company Yield (%) Last Traded Price Face Value Time till maturity Last traded on; National Highways Authority of India 7.28% CRISIL AAA/Stable: 4.5: 1141484.0: 1000000: 7y 5m 6d: 18 Aug, 2024: National Highways Authority of India … nous informer sur