NHAI - Capital Gains Bonds - section 54 EC - download Application Form - Pune

     NHAI - Capital Gains Bonds - section 54 EC - Application Form

     save Capital Gains Tax on Long Term Capital Gain
     by investing in NHAI’s Capital Gain Bonds !


     Issue Details of National Highways Authority of India’s ( NHAI ) Capital Gains Bonds
     u/s 54 EC of the Income Tax Act, 1961

     Credit Rating                            “IND AAA / Assigned” by India Ratings & Research and "ICRA AAA / Stable" by ICRA Ltd.

     Face Value                                 Rs. 10,000 per Bond

     Issue price                                Rs. 10,000 per Bond

     Minimum Application Size          One Bond of Rs. 10,000

     Maximum Application Size         Five Hundred Bonds of Rs.10,000 each ( Rs.50,00,000 ) subject to fulfillment
                                                      of other conditions as specified in the Income Tax Act

     Size of the Issue                       Rs. 4,000 Crores 

     Mode of Subscription                 100% on Application 

     Deemed Date of Allotment         Last day of the month during which the application amount has been
                                                       cleared and credited to NHAI’s collection account 

     Transferability                            The Bonds are non-transferable, non-negotiable and cannot be offered 
                                                       as a security  for any loan or advance 

     Maturity                                      At par, 3 years from Deemed Date of Allotment 

     Interest payment                       Annually on 1st April and Final Interest at the time of Maturity 

     Coupon Rate                             6.00 % payable annually 

     Redemption                                Bullet, at the time of Maturity i.e. 3 years  

     Trustee                                       Syndicate Bank 
                                                        6, Bhagwan Das Road, 
                                                        New Delhi - 110001 

     Closure of Issue                         The issue is open on-Tap Basis and closes on March 31, 2015 
                                                          at the close of the banking hours OR
                                                          on achieving of ceiling limit of Rs.4,000 Crores without any further notice OR
                                                        at a date as may be decided by NHAI at its absolute discretion


     download                                   NHAI - Capital Gains Bonds - section 54 EC - Application Form