Interest rate for nhai bonds
To be sure, NHAI has already sold Rs 29,000 crore of bonds to top institutional investors, such as the LIC of India and the State Bank of India, at an average coupon rate of around 8% in FY19, dealers said. “The company may raise the money in one or more tranches depending on the interest cost,” said one of the persons cited above. These bonds come with a lock-in period of 5 years (effective from April 2018) and are non-transferable. Both REC and NHAI bonds offer an interest rate of 5.75% per annum, payable annually. Capital gain bonds of NHAI & REC: Capital Gain Bonds is the best way to save long term capital gain from the any property type.The exemption for capital gain bonds is available u/s 54EC.. What is a capital asset ?, Long term Capital Gain, Taxability of Interest, Capital Gain Bonds Of NHAI & REC etc. 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 Is it advisable to buy NHAI/REC Bond to save capital gain tax on the sale of an asset like land, property, etc.? I came to know that interest rate is 6% (taxable) and lock-in period is 3 years. Answer: I have made a rough computation for your perusal. Find below. Suppose you have indexed LTCG of Rupees 20 lakhs.
These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.75% p.a.. The issue of Series III PFC 54EC Bonds will remain open till 31st March
Is it advisable to buy NHAI/REC Bond to save capital gain tax on the sale of an asset like land, property, etc.? I came to know that interest rate is 6% (taxable) and lock-in period is 3 years. Answer: I have made a rough computation for your perusal. Find below. Suppose you have indexed LTCG of Rupees 20 lakhs. Is it advisable to buy NHAI/REC Bond to save capital gain tax on the sale of an asset like land, property, etc.? I came to know that interest rate is 6% (taxable) and lock-in period is 3 years. Answer: I have made a rough computation for your perusal. Find below. Suppose you have indexed LTCG of Rupees 20 lakhs. Get the current price of National Highways Authority of India (NHAI-N6) in NSE/BSE. Find details of the tax free NCD bonds allotment date, interest record, issue period & price movement. Capital Gains Bonds by NHAI and REC: The bonds that are specified under Section 54EC are issued by the NHAI and REC. The key features of these bonds are: These bonds give an interest rate of 6%. Income tax has to be paid on the interest accrued, however, as per the tax slab of the individual. To power ambitious highway growth plans, NHAI will soon come up with a bonds issue offering attractive coupon rates of above 7 per cent, Union Minister Nitin Gadkari said on Friday, urging the common
21 May 2019 In an era of falling interest rates, tax-free bonds are gaining which raise funds through the issue of tax-free bonds are IRFC, PFC, NHAI,
The NHAI Bond could be the answer, if Union transport minister Nitin Gadkari is to be believed. The interest rates on Fixed Deposit accounts offered by some of the largest public and private sector banks hovers between 6-7 percent. In case of the NHAI bonds, no tax will be deducted at source, unlike FDs where if the interest earned is more than Rs 5,000, tax deducted at source is charged at 10 per cent. However, if bonds are sold in the secondary market after one year, capital gains will be taxed at 10 per cent (without any indexation benefit).
The National Highways Authority of India (NHAI) opened its fresh issue of NHAI bond series XIV. SK Chauhan, Manager (F& A), NHAI said, "The size of the issue
21 Nov 2018 NHAI has already sold Rs 29000 crore of bonds to top institutional investors. Bonds may offer 8.50-9% interest across various tenors, including Bank of India, at an average coupon rate of around 8% in FY19, dealers said. 21 May 2019 As the name suggests, interest earned from tax-free bonds is exempt from tax. raise funds through the issue of tax-free bonds are IRFC, PFC, NHAI, For tax- free bonds rated AAA, the interest rate for retail investors will be FD investment plan. Soon, NHAI Bharatmala Bonds may offer high interest rate for 10 years! By: Priyadarshini Maji |. Published: January 9, 2019 3:19:37 PM HDFC Bank provides Capital Gains Bonds under Section 54EC of the Income Tax Act, Bond. RECL. NHAI. Coupon/Interest rate/Yield. 5.75%%. 5.75%. Rating. 21 May 2019 In an era of falling interest rates, tax-free bonds are gaining which raise funds through the issue of tax-free bonds are IRFC, PFC, NHAI,
The Interest Rate on the Capital Gains Bonds is 5.75%. The Interest @ 5.75% is payable annually by both NHAI as well as REC. Before 1st April 2018 – the
21 May 2019 In an era of falling interest rates, tax-free bonds are gaining which raise funds through the issue of tax-free bonds are IRFC, PFC, NHAI, Company Name, RATING, Interest Rate In (%), MIN INV. 60 M. Rural Electrification National Highway Authority of India - (NHAI) - 54EC Bonds. AAA rated by
29 Mar 2018 NHAI is one of the only two institutions allowed by the GoI to raise finances at competitive rates through bond issuances under Section 54EC of