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What is the benefit of 54 EC bond?

1 reply, 2 voices Last updated by  Vaishali Dhameja 3 months, 2 weeks ago
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  • #2727

    pallavi kapoor
    Participant
    @pallavikap99

    What is the benefit of 54 EC bond?

    #2833

    Vaishali Dhameja
    Participant
    @vinnied99

    Individuals as well as members of Hindu Undivided Family can make investments in 54EC bonds. You can invest in 54EC bonds within 6 months of transferring capital asset. The benefits of investing in 54EC bonds are given below:

    SAVE TAX
    Long-term capital gains from investments in 54EC bonds can be reinvested in order to save tax.

    SECURITY
    54EC bonds are approved by the government, hence the risk factor associated with buying 54EC bonds is minimized.

    EARN & SAVE
    When you invest in 54EC bonds, you can save tax while earning interest income from the 54EC bonds.

    USER PREFERANCE
    54EC Bonds can be either in demat or physical form

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