54EC Capital Gain Bonds are used to save long-term capital gain tax derived out of a sale of an asset (Land or Building) that has been held for more than 2 years.
The gains should be invested within 6 months of the date of sale of the asset.
Allows you to save tax while earning interest income.
54EC bonds are AAA rated and backed by the government, hence the risk factor is mitigated.
Resident individual
Hindu Undivided Families (HUFs)
Trusts which are authorized to invest in the Bonds
Partnership firms, Companies and Body Corporates
Enter your details on MoneyHoney website, which are required for investment in 54EC Capital Gain Bonds and be ready with cheque and documents.
Our Collection Executive (CE) will visit at your prefered location/time with 54EC Bond pre-printed form. Sign on the form and hand over the cheque and documents to the CE.
After few days, you will receive the receipt of your investment.