I may get LTCH on sale of house. I want to invest entire sale proceeds in tax free investments other than re-investment in house property. Kindly suggest the various options including Bank FD.
Menu
Tax free income
Replies (3)
To save capital gains liability, you can invest only in capital Gains bond u/s. 54EC........
I need to save LTCG and also to invest the sale amount in tax free investments. Please suggest the names of the Bonds and where we can get?
Also please advice what is the limit for keeping in Bank FD to avoid TDS.
Generally high bracket tax payers prefer Tax free bonds.............More details refer:
https://www.goodreturns.in/personal-finance/investment/2016/07/7-tax-free-bonds-that-look-good-tax-free-income-465730.H T M L
PPF, Equity Mutual funds ELSS and capital protection funds are also good options
Any bank FD of 1.40 lakhs & above at 7% interest attracts TDS
Recent Topics :
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
Related Topics :
CAclubindia
