NHAI Capital Gain Bonds
A Indian taxpayer who wishes to claim the exemption from LTCG i.e. Long-Term Capital Gains have to invest the money in the capital gains bonds within 6 months from the date of booking Capital Gains. It is possible by investing the capital gain amount in specific bonds, also know as 54 EC or Capital Gains Bonds. However, these bonds do not allow any tax exemption on STCG i.e. Short Term Capital Gains tax.
The bonds that are specified under Capital Gain Bonds are issued by the NHAI i.e. National Highways Authority of India. NHAI Capital Gain Bonds come with highest credit rating i.e. CRISIL AAA/Stable by CRISIL Ltd.
The key features of these bonds are:
Also Read SBI Capital Gain Bonds | 54EC Bonds | Features | Interest Rate 2021 |
Features
| Issued by | National Highways Authority of India |
| Registrar | Beetal Financial & Computer Services (P) Ltd. |
| Investment Option | Online or Offline. |
| Eligibility | Any individual, Hindu Undivided Family (HUF), approved institution and non-resident Indian (NRI), can invest in these bonds provided certain conditions are met. |
| Mode of Holding | Physical or Demat. |
| Issue price | INR 10000/- per Bond |
| Minimum investment | One Bond |
| Maximum investment | 500 Bonds |
| Transferability | Non-transferable and Non-negotiable |
| Loan facility | No |
| Lock in Period | 5 Years |
| Maturity | At par, 5 years from Deemed Date of Allotment |
| Interest payment | Annually On 1st April and Final Interest at the time of Maturity. |
| Rate of Interest | 5.00% annually |
| Redemption | 5 years |
| Tax Status | Taxable |
| Tax Benefit | SEC 54 EC |
| TDS | No |
Also Read How to Invest in Indian Bonds? What are Bonds? Types of Bonds? 2021
How to Buy NHAI Capital Gain Bonds through Online?
Time needed: 5 minutes.
Follow the steps given below for applying bonds through online.
- Application Form
You could invest online in NHAI Capital Gain Bonds using the below link.
https://beetalfinancial.in/beetalfinancial/Nhaibondapplication.aspx - Mode of Holding
You could select to opt between demat and Physical mode. However, in case you wish to hold bonds in demat form, select the “Demat Mode” and enter your demat account details.
- Document Upload
You can upload the following document for the verification.
1. Cancel Cheques of your bank account for remitting interest or redemption amount.
2. Self attested copy of Pan Card as well as Address proof. - Online Payment
Make the online payment through debit card / net banking to finally complete the transaction. The
effective date of investment would be the date of credit of funds in the issuer’s bank account.
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Application Form
- Forms must be accompanied by either a cheque or a DD i.e. demand draft, drawn in favour of “National Highways Authority of India”and crossed “Account Payee Only”. However, cheques or DDs must be drawn on any registered bank including a Co-operative Bank, which is member of the Banker’s Clearing house, located at the place.
- The PAN no. should be mentioned in the Application Form. A self certified copy of PAN card, Adhar card and certified copy of address proof of 1st Applicant and one cancelled cheque should be submitted along with application form.
- The application form can be deposited at any branch of UBI i.e. Union Bank of India, HDFC Bank & IndusInd Bank and designated branches of IDBI Bank, Canara Bank, ICICI Bank and Axis Bank.
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NHAI Capital Gain Bonds Allotment Status
Investor could check the status of application from the below link. Usually, it takes 10-15 working days
for the status to get updated in the below links.
http://beetalfinancial.in/beetalfinancial/nhainew.aspx
Contact Details
| Name & Address of Registrar & Contact Person | Telephone Number and Email IDs |
| M/s Beetal Financial & Computer Services Pvt Ltd 99, Beetal, House, Nr. Harsukhdas Mandir, Behind Local Shopping Centre Madangir, New Delhi-110062 Contact Person: Sh. Anil Pal & Sh. S.P. Gupta | Tel :011-2996128183 nhai@beetalfinancial.com |
Also Read RBI Bonds 2021 or Floating Rate Savings Bonds | Rate of Interest | Online & Offline