54EC Bonds
54EC Capital Gain bonds
The tax liability on long-term capital gains from sale of immovable property can be reduced by purchasing 54EC bonds, simply 54EC bonds can help you to save tax on long-term gains by Property. The maximum limit for investing in 54EC bonds is Rs. 50,00,000.
The eligible bonds under Section 54EC are REC (Rural Electrification Corporation Ltd), PFC (Power Finance Corporation Ltd) and IRFC (Indian Railways Finance Corporation Limited) NHAI( National Highways Authority of India).