Tag Archives: Section 54EC of Income Tax Act

Interest on 54EC Capital Gain Tax Exemption Bonds reduced

By | November 30, 2016

Reduction in Coupon Rate on 54 EC Bonds from 6% P.A. to 5.25% P.A.   National Highways Authority of India (NHAI) has been issuing long term Capital Gain Tax Exemption Bonds u/s 54EC of Income Tax Act 1961. The applicable rate of interest for bond series has been amended w.e.f 1stDecember, 2016 as detailed below:… Read More »