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 ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Pulses Production in India
- 2 New Initiatives to Boost Infrastructure Growth
- 3 Foreign Currency Settlement System for GIFT IFSC
- 4 Angel Funds: SEBI Extends Timeline to Disclose Allocation Methodology
- 5 RBI Grants Exemption to SWAMIH Fund-I
- 6 Ministry of Mines Classifies Limestone as Major Mineral Completely
- 7 First State Mining Readiness Index to Boost Mineral Sector Reforms
- 8 Securities Transaction Tax (STT)
- 9 Sundarbans SAIME Model Wins FAO Global Recognition
- 10 Changes in Per Drop More Crop Scheme: Strengthening Water Conservation and Farmers’ Income
