In our constant pursuit of presenting innovative and comprehensive wealth solutions. We, at iVentures, are excited to announce that the new series of 54EC Bonds issued by AAA PSU companies are now available for subscription.
In our constant pursuit of presenting innovative and comprehensive wealth solutions. We, at iVentures, are excited to announce that the new series of 54EC Bonds issued by AAA PSU companies are now available for subscription.
In this blog, we delve into the intricacies of 54 EC Bonds, exploring their benefits, potential applications, and how they can propel you towards unparalleled financial success.
- 54EC Bonds, also known as Capital Gains Bonds, are a unique category of bonds issued by AAA PSU companies backed by Govt Of India.
- Investing in these bonds allows you to earn tax exemption on long-term capital gain (LTCG) arising from the sale of a capital asset like property🏛️
- Investment in 54 EC Bond should be within 6 months from the capital asset sale to avail the exemption.
Additional Income: Earn 5.25% p.a. payable annually.
Ask Yourself
Do I have a registered Will in place?
Do I have any outstanding loan?
Who’s my nominee?
Have I listed all my assets and investments?
Have I purchased any life insurance policy?
When individuals or businesses sell their capital assets, they can accrue capital gains if the asset is sold for a profit. The gain on such sale is subject to taxation.
This is where 54 EC Bonds come into picture, if a person invests the capital gains accrued from a sale of an asset, into capital gain bonds, they would be eligible for a tax exemption on such gains.
Key Features:
- Additional Income: 5.25% p.a. payable annually.
- Avail Tax exemptionson LTCG
- Backed by Govt of India
Issuer PSUs:
You can subscribe to these bonds either in online mode or offline mode.
Don’t miss out on this fantastic opportunity to save taxes with Govt backed bonds.
Connect with our CFA team today!