Section 54EC Bonds
Recently, REC Limited, the Maharatna Central Public Sector Enterprise launched a mobile application, exclusively for current and future investors in REC’s Section 54EC bonds.
- Named ‘SUGAM REC’, the mobile app will offer investors with complete details of their investment in REC 54EC Bonds.
About Section 54EC Bonds
- Section 54EC Bonds, also known as capital gain bonds are a type of fixed income financial instruments which provide tax exemption under capital gains to investors, under Section 54EC of the Income Tax Act, 1961.
- These bonds provide an opportunity for individuals to save on long-term capital gains taxes incurred from the sale of property ....
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