Why should you invest in 54EC Capital Gains Bonds in 2024?

In RR Finance Investors can easily invest in 54EC Capital Gains Bonds. For more information about why we invest in Capital Gains Bonds, Visit RR Finance.

Investors can benefit from tax exemption on capital gains under Section 54EC of the Income Tax Act 1961 by investing in 54EC capital gain bonds. These bonds offer savings on long-term capital gains from selling property if the investment is made within six months of the sale. The maximum investment limit for these bonds is Rs. 50,00,000 per financial year. Starting from April 1st, 2023. It's important to remember that the interest earned on these bonds is subject to income tax.