Capital gain Bonds
Capital Gain Bonds: Long-term capital gain is the gain that is derived out of a sale of an asset that has been held for more than a year. You can invest the gain in certain specified bonds to claim tax exemption within 6 months of the date of sale of the asset
- It is a Popular Invesment to claim Tax Deduction on Long term Capital Gains.
- Safe and Secure.
- Interest rate is 5.75% per year and Interest will be payable annually.
- No TDS is deducted.
- Investment Amount : Minimum-Rs.10,000 and Maximum-Rs.50lakhs.