We offer Capital Gains Bond under Section 54EC of the Income Tax Act, 1961. These bonds are being issued as ‘Long term specified assets’ within the meaning of Explanation (b) to sub-section (3) of 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 assets can be invested in these bonds within a period of six months from the date of transfer of the asset for getting exemption from the capital gains tax. Such Bonds are issued by SIDBI, NHB, NHAI and REC.
Bonds as issued by the Reserve Bank Of India (RBI). The rate of interest offered is 7.15 per cent, payable half yearly with cumulative and non-cumulative option available. Tenure is six years.
Advantages: safety, guaranteed return.
Disadvantage: interest is taxable.
Lucrum Capital Services specializes in distributing financial products and offering tax-related services to a niche clientele.
Our team at Lucrum Capital Services consists of AMFI certified Mutual Funds Distributors, equipped with extensive knowledge and experience in various financial products.
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor | ARN-195835 | Date of initial Registration: 12/11/2021 | Current validity: 20/01/2025
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