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Any profits or gains arising from the transfer of a capital asset effected in the previous year shall be chargeable to income tax under the head "Capital Gains" and shall be deemed to be the income of the previous year in which the transfer took place.
Section 54EC Bonds have an interest rate of 5.75 Percent.
Capital gain bonds are AAA rated and secure.
These bonds can be help for five years.
RR is a 30 years old company promoted by Sh. Rajat Prasad, A qualified Chartered Accountant, who is the chief architect of its growth and has steered the group to be a diverse and respected financial and insurance services organization with nationwide presence.RR is one of the largest independent unbiased financial and insurance players in India. RR is fully integrated and a professionally managed business with the widest product range.