Everything we have written since the practice began: how the instruments work, what the forms mean, and the habits that make a plan hold. Newest first.
Yes, it is illegal for a broker to offer or share a percentage of the commission as a kickback to the investor for investment in IRFC-REC-PFC Capital Gain Bonds or any other financial instrument…
No, as an investor, you do not have to pay any charges, fees, brokerage and commission to the broker for investing in 54EC IRFC-REC-PFC Capital Gain Bonds. The brokerage for these bonds is paid by…
At maturity, the maturity amount of 54EC IRFC-REC-PFC Capital Gain Bonds can be obtained by following these steps: 1. Ensure that your contact details and also bank account information are up to…
54EC IRFC-REC-PFC Capital Gain Bonds are non-transferable, meaning they cannot be transferred to another person or entity. They are also non-negotiable, which means they cannot be traded or sold in…
No, it is not necessary to open a new bank account with the application’s accepting bank for investing in 54EC IRFC-REC-PFC Capital Gain Bonds. You can make the investment using a cheque from your…
These 54EC IRFC-REC-PFC Capital Gain Bonds can be purchased in either physical mode or in demat form. A demat account is not mandated; there is no need to open a new one. If you do not have a demat…
If you invest Rs. 25,00,000 in IRFC-REC-PFC Capital Gain Bonds, and each bond has a face value of Rs. 10,000, you will receive a total of 250 bonds in a single IRFC-REC-PFC Capital Gain Bond…
Each bond of 54EC IRFC Capital Gain Bonds has a face value of Rs. 10,000/-. If your gain is Rs. 5,76,760, you can purchase either 57 bonds (57 x Rs. 10,000 = Rs. 5,70,000) or 58 bonds (58 x Rs…
In a financial year, an individual is permitted to invest up to 500 bonds of Rs. 10,000/- each, which amounts to a total investment of Rs. 50,00,000/- (50 lakhs), in 54EC IRFC-REC-PFC Capital Gain…
The face value of 54EC IRFC-REC-PFC Capital Gain Bonds is Rs.10,000/- per bond. The issue price is also Rs.10,000/- per bond. The minimum investment required in these bonds is Rs.20,000/-. This…
The interest on application amount for 54EC IRFC-REC-PFC Capital Gain Bonds is calculated from the date of realization of the cheque, demand draft, NEFT and also RTGS payment. The interest is…
The deemed date of allotment for 54EC IRFC-REC-PFC Capital Gain Bonds is the last day of each month, provided that the application money has been cleared and credited in the company’s collection…