1 / 7

Capital Gain Bonds 54EC by RR Finance

The gain from the sale of a building or piece of land that has been owned for longer than two years is referred to as a long-term capital gain. You have six months from the asset's sale to invest the gain in a specific type of bond in order to qualify for tax exemption. One of the best strategies to reduce long-term capital gain tax resulting from the sale of an asset is to invest in 54EC bonds, often known as capital gains bonds. Rs. 50,000 is the upper limit for 54EC bond purchases.<br>

RR4
Télécharger la présentation

Capital Gain Bonds 54EC by RR Finance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. RR Finance Capital Gain Bonds 54EC How do I take advantage of capital gains tax exemptions?

  2. Capital Gain Bonds FinTech, Defined A brief history of FinTech FinTech segments according to transaction value 54 EC Capital Gain Bonds provide capital gain tax exemption to the investors, under section 54EC of Income Tax Act 1961. The long-term capital gain arises from sale of immovable property can be saved by investing in these Bonds within 6 months of sale. FinTech and Cybersecurity FinTech: Risks & Rewards FinTech: What's Next? Security best practices of successful FinTech projects

  3. The investment sum must be derived from capital gains from the sale of assets like land or buildings, or both. What Benefits Do Capital Gains Bonds Have for Tax Exemptions? To qualify for tax exemptions under Section 54EC, you must fulfil the following requirements: The total investment should not be more than Rs. 50 lakh. Each participant in a real estate partnership is eligible for a maximum of Rs. 50 lakh if the capital gain was split between them. Before submitting income tax returns, investments in NHAI, REC, PFC, and IRFC bonds must be made within six months of the property's sale date.

  4. Form 60 (if the investor does not have a PAN) OR self-attested copy of PAN card (in case of joint application, self-attested PAN copy of all applicants). List of documents required Cancelled check leaf for interest or redemption via NEFT or RTGS facility. Any document or communication issued by any authority of the Central Government, State Government or local bodies showing residential address

  5. RR is a 30 years old company promoted by Sh. Rajat Prasad, a qualified Chartered Accountant, who is the chief architect of its growth and has steered the group to be a diverse and respected financial and insurance services organization with nationwide presence. RR is one of the largest independent unbiased financial and insurance players in India. RR is fully integrated and a professionally managed business with the widest product range. www.rrfinance.in

  6. Contact US! 9350316010 www.rrfinance.in digi.marketing@rrfcl.com

  7. Thank You

More Related