Yes, the interest earned on IRFC-REC-PFC Capital Gain Bonds is taxable as per the Income Tax Act, 1961. The interest income from these bonds is

The interest payment on IRFC, REC and PFC Capital Gain Bonds is typically due on 15th October, 30th June and 31st July of each year

Investors who hold these bonds will receive an annual payment on the invested amount. The interest payment is typically made on an annual basis throughout

A 5.25% annual payment is provided by IRFC-REC-PFC 54EC Capital Gain Bonds, for Year 2023-24 Click here for more details about IRFC Capital Gain Bonds Click

The lock-in period for IRFC-REC-PFC Capital Gain Bonds (54EC Bonds) was 5 years from the deemed date of allotment. Once an investor purchases these bonds

Under Section 54EC of the Income Tax Act, there are four specific types of bonds that are eligible for investment to avail the capital gains