If you have sold shares and made a handsome profit or simply sold a real estate property and made gains, you would obviously have to pay capital gains tax. To save on long term (more than one year) capital gains you might want to consider the 54 EC Capital Gains Bonds of NHAI (NHAI Bonds).
Investing in these bonds means you would not have to pay long term capital gains tax made on various asset classes, if the entire amount is invested.
The National Highways Authority of India is issuing these bonds at a face value of Rs 10,000 with a minimum size of one bond. The coupon rate on these bonds is 6% payable annually. The bond will close on 31st March 2012.
The bonds have been rated “AAA/Stable” by CRISIL and “AAA(ind)(Affirmed)” by Fitch Ratings. The NHAI being a government undertaking the bonds remain highly secure.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google