These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.75% p.a.. The issue of Series III PFC 54EC Bonds will remain open till 31st March 29 Mar 2018 NHAI is one of the only two institutions allowed by the GoI to raise finances at competitive rates through bond issuances under Section 54EC of Tax Free Bonds are issued by government enterprises where the interest is tax free. provide an opportunity to the investors to fetch returns at higher interest rate in PFC, NHAI, HUDCO, REC, NTPC, NHPC, IREDA, etc. which raises funds The National Highways Authority of India (NHAI) opened its fresh issue of NHAI bond series XIV. SK Chauhan, Manager (F& A), NHAI said, "The size of the issue
The National Highways Authority of India (NHAI) opened its fresh issue of NHAI bond series XIV. SK Chauhan, Manager (F& A), NHAI said, "The size of the issue
Is it advisable to buy NHAI/REC Bond to save capital gain tax on the sale of an asset like land, property, etc.? I came to know that interest rate is 6% (taxable) and lock-in period is 3 years. Answer: I have made a rough computation for your perusal. Find below. Suppose you have indexed LTCG of Rupees 20 lakhs. Is it advisable to buy NHAI/REC Bond to save capital gain tax on the sale of an asset like land, property, etc.? I came to know that interest rate is 6% (taxable) and lock-in period is 3 years. Answer: I have made a rough computation for your perusal. Find below. Suppose you have indexed LTCG of Rupees 20 lakhs. Get the current price of National Highways Authority of India (NHAI-N6) in NSE/BSE. Find details of the tax free NCD bonds allotment date, interest record, issue period & price movement. Capital Gains Bonds by NHAI and REC: The bonds that are specified under Section 54EC are issued by the NHAI and REC. The key features of these bonds are: These bonds give an interest rate of 6%. Income tax has to be paid on the interest accrued, however, as per the tax slab of the individual. To power ambitious highway growth plans, NHAI will soon come up with a bonds issue offering attractive coupon rates of above 7 per cent, Union Minister Nitin Gadkari said on Friday, urging the common Sec 54 EC Capital Gains Bonds of NHAI, 5.75% Interest Rate, 5 years lock in Period, Maximum Rs. 50,00,000/- Application Forms, Branches to submit application Form, Dowuload NHAI Capital Gain Bonds application for 2019-20, download NHAI 54EC Capital Gain Bond Application form 2019-20, Issue Opens on and Closes on 01.04.2019 and 31.03.2020, Deemed Date of Allotment Last day of each month for
9 Mar 2020 One example of these bonds is the municipal bonds. They offer a fixed interest rate and hence is a low-risk investment avenue. As the name
In case of the NHAI bonds, no tax will be deducted at source, unlike FDs where if the interest earned is more than Rs 5,000, tax deducted at source is charged at 10 per cent. However, if bonds are sold in the secondary market after one year, capital gains will be taxed at 10 per cent (without any indexation benefit). To be sure, NHAI has already sold Rs 29,000 crore of bonds to top institutional investors, such as the LIC of India and the State Bank of India, at an average coupon rate of around 8% in FY19, dealers said. “The company may raise the money in one or more tranches depending on the interest cost,” said one of the persons cited above.
Tax Free Bonds are issued by government enterprises where the interest is tax free. provide an opportunity to the investors to fetch returns at higher interest rate in PFC, NHAI, HUDCO, REC, NTPC, NHPC, IREDA, etc. which raises funds
The interest rate on Capital Gain bonds 5. Is there any lock-in- period? 6. Can I transfer the bond? 7. Is it taxable? 8. How many bonds I can buy? 9. Are NHAI 28 Aug 2019 Invest up to Rs 50 lakh in capital gains bonds & get LTCG tax break within six months in bonds issued by the National Highway Authority of India (NHAI), Rural Electrification The present interest rate is 5.25% fully taxable. 20 Jan 2020 is to invest in Capital Gains Tax Saving Bonds u/s 54EC from NHAI, REC, IRFC or PFC. You can invest capital gains up to Rs 50 lakhs in these bonds. 3. These bonds give interest of 5.75% and have maturity tenure of 5 17 Apr 2015 Capital Gain Bonds issued under Section 54EC by NHAI or REC is one of the The interest rate offered on these bonds is 5.75% per annum. These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.75% p.a.. The issue of Series III PFC 54EC Bonds will remain open till 31st March
29 Mar 2018 NHAI is one of the only two institutions allowed by the GoI to raise finances at competitive rates through bond issuances under Section 54EC of
The interest rate on Capital Gain bonds 5. Is there any lock-in- period? 6. Can I transfer the bond? 7. Is it taxable? 8. How many bonds I can buy? 9. Are NHAI 28 Aug 2019 Invest up to Rs 50 lakh in capital gains bonds & get LTCG tax break within six months in bonds issued by the National Highway Authority of India (NHAI), Rural Electrification The present interest rate is 5.25% fully taxable. 20 Jan 2020 is to invest in Capital Gains Tax Saving Bonds u/s 54EC from NHAI, REC, IRFC or PFC. You can invest capital gains up to Rs 50 lakhs in these bonds. 3. These bonds give interest of 5.75% and have maturity tenure of 5