Have you recently sold a property and are looking to save on capital gains tax? Look no further than capital gain bonds, also known as Section 54EC bonds. These special bonds offer a unique tax benefit for individuals who have incurred long-term capital gains from the sale of land or buildings.
Invest your capital gains in these bonds and get the entire invested amount exempted from capital gains tax.
Defer your tax payment and potentially lower your overall tax burden.
These bonds are typically issued by government-backed entities, offering low investment risk.
With lock-in periods ranging from 3 to 5 years, these bonds can be a good fit for your long-term financial goals.