i disposed a house and my financial advisor told me that i have to pay Rs4,50,000/- as capital gains tax after applying indexation.
Are there any safe investment options for me to save this amount?
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Capital gains
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Invest in section 54EC bonds
The eligible bonds under Section 54EC are REC (Rural Electrification Corporation Ltd), PFC (Power Finance Corporation Ltd) and NHAI (National Highways Authority of India) and IRFC (Indian Railways Finance Corporation Limited).
The eligible bonds under Section 54EC are REC (Rural Electrification Corporation Ltd), PFC (Power Finance Corporation Ltd) and NHAI (National Highways Authority of India) and IRFC (Indian Railways Finance Corporation Limited).
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