Get the current price of National Highways Authority of India (NHAI-N1) in NSE/BSE. Find details of the tax free NCD bonds allotment date, interest record, issue period & price movement. Sec 54 EC Capital Gains Bonds of NHAI, 6% Interest Rate, 3 years lock in Period, Maximum Rs. 50,00,000/- Application Forms, Branches to submit application Form Highlights of NHAI 54EC CAPITAL GAIN BONDS : Interest payment Annually On 1st April and Final Interest at the time of Maturity Coupon rate 5.75% payable annually. Redemption Bullet, at the time of Maturity i.e. 5 years Trustee Vistra ITCL (India) Limited (formerly IL&FS Trust Company Limited) The IL&FS Financial Centre, Plot C- 22, G Block NHAI Tax-Free Bonds Issue: Salient Features. NHAI Tax-Free Bonds Interest Rates. Points to Note about NHAI Tax-Free Bonds. Only the interest earned is exempt from tax. There is no tax exemption under Section 80C of the Income Tax Act on the investment amount. Retail investors can only invest up to Rs 10 lacs (no more than 1000 bonds) in these 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 1st December, 2016 as detailed below:
(Payment through Net Banking / Debit Card), Issue Highlights, Information National Highways Authority of India (NHAI) 54EC - Capital Gain Bonds - Series XX SIP Calculator · Education Calculator · Marriage Calculator · Retirement You don't have to pay any tax on the interest earned from these bonds (Income Tax Act, 1961) in 54EC bonds such as REC capital gain bonds, NHAI capital gain bonds respectively. The interest rate offered on these bonds is 5.75% per annum. 31 Aug 2018 The NHAI and REC bonds carry interest at 5.75 per cent per annum, on sale of property can be calculated without Indexation also for AY2018-19. In budgrt 2013, is INTEREST rate on capital gain BONDS maintained at
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Highlights of NHAI 54EC CAPITAL GAIN BONDS : Interest payment Annually On 1st April and Final Interest at the time of Maturity Coupon rate 5.75% payable annually. Redemption Bullet, at the time of Maturity i.e. 5 years Trustee Vistra ITCL (India) Limited (formerly IL&FS Trust Company Limited) The IL&FS Financial Centre, Plot C- 22, G Block
But that wouldn't be right. Unless you plan to hold on to the bonds (which you should in the current falling interest rate regime), you would have to minus the likely fall in prices after the interest payment date from your interest. On a Rs 1,000, 10-year bond, you will get Rs 82 in one month from NHAI.