IRFC Capital Gains Bonds for Tax Exemption under Section 54EC

 Capital gains bonds allow individuals to apply for exemption from income tax applicable on capital gains made from sale of property. Also known as 54EC bonds, these bonds are issued by government backed infrastructure companies including Rural Electrification Corporation (REC), Indian Railways Finance Corporation, Power Finance Corporation and National Highway Authority of India. In this piece, you will learn different aspects of IRFC capital gains bonds.

Manoj Negi

· 12,908 views

1 GBP to INR Conversion – Convert Pound to Indian Rupee

 GBP to INR Conversion: GBP, also known as British Pound Sterling, is the official currency of the United Kingdom, the South Sandwich Islands, the British Overseas Territories of South Georgia, the British Antarctic Territory and the UK crown dependencies the Isle of Man and the Channels Islands. The Sterling is the fourth most-traded currency in the foreign exchange market, trailing the USD, Euro and Japanese Yen in daily volume.

Manoj Negi

· 19,575 views

AIF vs PMS: What is the Difference?

 If you're seeking to expand your investment portfolio beyond mutual funds with the goal of growing your wealth, Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS) may be ideal options for you. These high-risk investment instruments have become increasingly popular among investors. But, between AIF and PMS, how do you decide which one is for you? In this blog, we will conduct an analysis of AIF vs PMS to help you figure out what would be the best for you.

Charu Dhasmana

· 9,708 views

Government Bonds in India: Types & Interest Rate

 India's government bonds are an essential aspect of the country's financial system, providing a safe and secure investment option for all resident and NRI investors. These debt securities are issued by the government to fund its spending requirements, including infrastructure development, welfare schemes, and debt refinancing. In this blog, we will delve deeper into the different types of government bonds available in India, their benefits, and how they can be an essential part of an investor's portfolio.

Charu Dhasmana

· 6,913 views

Non-Resident Taxpayers without PAN can file Form 10F Manually till September 30

 The Central Board of Direct Taxes (CBDT) released a notification on 28 March 2023 offering relief to NRIs without a PAN (Permanent Account Number) by allowing them to file Form 10F manually till 30th September 2023. Earlier, exemption from mandatory e-filing of Form 10F was provided till 31st March 2023. In this blog, we will throw light on Form 10F and challenges faced by Non-Residents during e-filing of Form 10F.

Charu Dhasmana

· 7,112 views

REC Bonds: Rural Electrification Corporation Bonds

 When an asset such as land or a building is sold after being held for more than two years, the resulting profit is known as a long-term capital gain. To avoid paying tax on this gain, you can invest it in specific bonds within six months of the sale of the asset. One effective option is to invest in 54EC bonds, which are also known as capital gains bonds. One of the bonds under Section 54EC are REC bonds (Rural Electrification Corporation Bonds). They are debt instruments issued by the Rural Electrification Corporation (REC) of India to finance rural electrification projects.

Charu Dhasmana

· 12,790 views

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