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Capital Gain Scheme Bonds, also known as Capital Gain Tax Exemption Bonds, are investment instruments issued by government-backed entities like NHAI, REC, PFC, and IRFC under Section 54EC of the Income Tax Act. These bonds help investors save on long-term capital gains tax from property sales by investing the gains within six months. The bonds have a lock-in period of five years and offer a fixed interest rate, typically around 5% to 6% per annum. Though non-transferable and non-tradable, they are considered safe investments, providing tax benefits and capital security for risk-averse investors.
Capital Gain Scheme Bonds, also known as Capital Gain Tax Exemption Bonds, are investment instruments issued by government-backed entities like NHAI, REC, PFC, and IRFC under Section 54EC of the Income Tax Act. These bonds help investors save on long-term capital gains tax from property sales by investing the gains within six months. The bonds have a lock-in period of five years and offer a fixed interest rate, typically around 5% to 6% per annum. Though non-transferable and non-tradable, they are considered safe investments, providing tax benefits and capital security for risk-averse investors.