Irfc capital gains bond
WebDec 25, 2024 · Indian Railway Finance Corporation (IRFC) is hopeful of raising ₹ 1,000 crore from the recent issue of capital gains bonds, its managing director S K Pattanayak said … Webfavour of "IRFC CAPITAL GAIN BONDS" along with necessary enclosures at the designated branches of collecting banks ± HDFC B ank, Axis Bank, ICICI Bank, IDBI Bank , Canara Bank , IndusInd Bank, Kotak Mahindra Bank, Yes Bank , and, State Bank of India . 4) Applicant should mention his name, address and application number on the reverse of the ...
Irfc capital gains bond
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WebApr 12, 2024 · Interest on Long Term capital gain bonds (U/S 54EC) raise to 5.25% from 5% from 1/4/2024 Bond issuers : REC,PFC ,IRFC. 12 Apr 2024 11:32:53 WebFeb 27, 2014 · IRFC is issuing Tranche II of Tax Free Bonds from 28 Feb 2014 to 07 Mar 2014. Key Features of the issue are as follows :-. Indian Railway Finance Corporation Ltd is fully owned by the Government of India and is a dedicated financing arm of the Ministry of Railways. Issue Size: proposes to raise Rs. 1,50,000 lakhs with an option to retain ...
Webundistributed capital gains under section 852(b)(3)(D) or 857(b)(3)(C). If a RIC has more than one fund, each fund must file a separate Form 2438. The term “fund” as used in … Web54EC Capital Gain Bonds NHAI, REC, PFC, IRFC. Capital bonds are being issued as ‘Long term specified assets’ within the meaning of Sub- Section 54-EC of the Income Tax Act, 1961. Those desirous of availing exemption from capital gains tax under Section 54 EC may invest in these bonds. Capital gains arising from transfer of Long-term capital ...
Web1186 rows · Jan 4, 2024 · Download IRFC (Indian Railways Finance Corporation Limited) 54EC Capital Gains Bonds ... WebIRFC has launched Series VI of Capital Gain Bonds u/s 54EC of Income Tax Act, 1961 on 1st April 2024. These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5% p.a. The issue of Series VI IRFC 54EC Bonds will remain open till 31st March 2024 or earlier at discretion of IRFC Rural Electrification Corporation Ltd (REC)
WebJan 24, 2024 · Investment in Capital Gain Bonds is for the sole purpose of reducing tax liability that arises from sale of capital assets that are immovable like Land or Building. Hence an investor need not pay capital gains tax if the gains are invested in these bonds under the following conditions: ... IRFC – Indian Railways Finance Corporation Limited ...
WebMar 31, 2024 · The investment in eligible bonds must be made out of the capital gains earned from the transfer of the long-term capital asset. The maximum investment amount that you can claim exemption on is Rs. 50 lakhs in a financial year. The bonds must be held for a minimum of five years. Additional conditions howard gibsonWeb9 rows · Apr 10, 2024 · IRFC capital gains bonds are AAA-rated bonds by CRISIL, ICRA and CARE, which makes them a ... how many indian tribes are there in the usaWebIndependent Directors Familiarization Programme. TDS Certificate. Bond Investors. Newspaper Publications. Company Secretary & Compliance Officer. Registrar & Transfer Agent. Investors Service. IRFC is eligible to issue Capital Gain Bonds u/s 54EC of Income … howard gibson courthouseWebFixed Income Securities are constituted by Fixed Return Investment like Fixed Deposits & Bonds like NCDs and Capital Gain Bonds at an attractive rate of assured returns. They help in hedging against market risk associated with market linked products. CORPORATE DEPOSITS CAPITAL GAIN BONDS NON-CONVERTIBLE DEBENTURES SECONDARY … how many indian tribes in alaskaWebIRFC is eligible to issue Capital Gain Bonds u/s 54EC of Income Tax Act 1961, for details please click here Top Level RTI CSR 54EC bonds Contact MSME annual plan External … howardgillespie706 gmail.comWebDec 25, 2024 · IRFC looking to mop up Rs 1,000 crore from capital gains bonds IRFC opened the bond issue on November 10 PSU bonds yield interest rate of 5.25%, payable on October 15 every year how many indian tribes are there in americaWebDec 5, 2015 · IRFC (Indian Railways Finance Corporation) tax-free bonds issue is out. The issue opens on December 8, 2015 and closes on December 21, 2015. The issue size is Rs 4,532 crores. In this post, I shall discuss the suitability of such tax-free bonds in your portfolio and who should invest in such bonds. how many indian tribes are in oklahoma