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REC Capital Gain Tax Exemption 54EC Bonds 2013-2014


Capital gain tax (E.g.capital gain due to sale of properties) can be saved by investments in the 54EC Capital Gain Tax Exemption bonds.

Certain entities like REC / NHAI can issue Capital Gain Tax Exemption bonds.

Every year a new issue is launched by these companies & highlights of the REC 54 EC Series IX for 2013-2014 are as follows:

  1. Change of forms:To distinguish new forms from old forms REC will print new Green coloured forms & need to be used for this series.Old forms will not be applicable.
  2. Issue Registrar:Link Intime India Pvt Limited will be the registrar of REC 54EC bonds for year 2013-2014.
  3. Face value: Rs.10,000/-.
  4. Min Application size : One bond.
  5. Max Application:500 Bonds.
  6. Interest Rate: Interest rate have kept same to last year @6% payable annually.
  7. Interest Payable date : June 30 of each year.
  8. Tenure of bonds: 03 Years from date of allotment.
  9. Deemed date of allotment:Last date of month in which money is credited in REC account.
  10. These bonds are non transferable & can not be offered as security against any loans.

These bonds are offered by GOI companies & of course credit rating is AAA which means the highest safety.This issue will applicable from 01/04/2013 – 31/03/2014.


Category: Fixed Income

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Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
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