An update on 'NHAI' Capital Gain Bonds
Where NHAI's 54EC series stands now, and what holders of the earlier bonds should keep an eye on.
Watch on YouTubeBonds & Fixed IncomeDiscontinued
NHAI Capital Gain Bonds
National Highways Authority of IndiaSection 54EC series: discontinued from 3 September 2022
NHAI withdrew its 54EC series on 3 September 2022. Existing holders keep receiving 5% p.a. until redemption; new money goes to REC, IRFC, PFC or HUDCO.
Closed
since 3 September 2022
5.00%
p.a. for existing holders
5 years
lock-in
AAA
CARE, CRISIL, India Ratings
What happens now
New applications are no longer accepted for this series.
For a live Section 54EC investment, choose REC, IRFC, PFC or HUDCO: the mechanics and exemption are the same.
Holding legacy NHAI bonds? Bring the certificate details to a review and we'll diarise the redemption.
Worth knowing first
- Status
- Discontinued from 3 September 2022
- Interest rate (legacy)
- 5% p.a., payable annually on 1 April
- Lock-in
- 5 years from deemed date of allotment
- Face value
- ₹10,000 per bond
- Credit rating
- AAA/Stable: CARE, CRISIL and India Ratings
- For new investment
- See REC, IRFC, PFC or HUDCO 54EC bonds
Existing NHAI 54EC bondholders keep receiving 5% p.a. every 1 April until their bonds redeem at the end of the five-year term.
The bonds remain non-transferable and non-negotiable until redemption.
If you hold NHAI bonds bought through any channel, we can help you track redemption dates and plan where the maturity proceeds go next.
The term sheet
National Highways Authority of India – NHAI Capital Gains Bond 2022-23
Application Process through Cheque / DD and Form Submission/Collection Centers
- Type
- National Highways Authority of India – NHAI 54EC Capital Gains Bonds
- Lock-in-period
- 5 years from Deemed Date of Allotment
- Coupon (% p.a.)/ Interest Rate /Payable
- 5% p.a, payable annually on 1st April every year, Interest payment will be made by NECS/At Par Cheque/Demand Drafts
- Interest on Application Money
- At the prevailing Coupon Rate from the date of realization of cheque / demand draft / NEFT / RTGS.
- Issue Opens on and Closes on
- 01.06.2022 and 03.09.2022 It has been discontinued from 3rd September 2022
- Deemed Date of Allotment
- Last day of each month for application money cleared and credited in NHAI’s collection account
- Credit Rating
- CARE – AAA/Stable, CRISIL – AAA/Stable & IND(Fitch) – AAA/Stable
- Face Value / Issue Price/ Minimum Investment
- Rs. 10,000/- per Bond / Minimum Investment Rs.10,000/-
- Maximum Investment Rs.
- 500 Bonds of Rs. 10,000/- each (Rs. 50,00,000) in a financial year (Subject to section 54EC of Income Tax Act, 1961)
- TDS / Tax Benefit:/Taxation
- Interest is Taxable, but TDS will not be deducted, Income Tax Act 1961 and NHAI Act.
- Mode of Subscription
- 100% on application
- Transferability
- The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance
- Maturity / Redemption AMT (Rs. Per bond)
- Bonds will be automatically redeemed by NHAI on maturity, without the surrender of Bond Certificate(s) and the proceeds would be paid by cheque or NECS/ECS.
- Cheque / Draft to be drawn in the name of
- National Highways Authority of India
- Do I need Demat Account
- Demat account is not mandatory, if you don't have demat a/c, then you will receive physical bond certificate like your Fixed Deposit.
- Do I need to open new bank a/c from application accepting bank
- No, cheque of your exiting bank account of any bank will work for investments
Forms & downloads
Rates and issue terms are as published by the issuer for the current series and are revised from time to time. Always confirm the live rate on the application form before investing. Interest is taxable as per the Income Tax Act, 1961; tax treatment depends on individual circumstances.
The application form, section by section
The Series XXIII, FY 2022-23 form as issued through Sanriya: 2 A4 pages, filled in by hand. Every section is listed in the order it appears on the form. The series is closed, so this is for reference and for holders checking their records.
Download the form (PDF, 190 KB)National Highways Authority of India (Ministry of Road Transport and Highways, Govt. of India), Head Office: G 5 & 6, Sector 10, Dwarka, New Delhi 110075
Application form for non-convertible redeemable taxable bonds (Series XXIII) with benefits under Section 54EC of the Income Tax Act, 1961
- Interest
- 5% p.a.
- Lock-in period
- 5 years
- Broker's name and code
- SBICAP Securities Ltd, 149
- Sub-broker code
- 7350200256
Declaration. By signing, the applicant confirms having read the Information Memorandum of Private Placement, certifies that the aggregate investment in 54EC Capital Gains Exemption Bonds during the financial year April 2022 to March 2023 does not exceed ₹50 lakh, agrees to be bound by the memorandum, applies for allotment, asks to be entered on the register of bondholders and affirms the particulars given.
Broker and collecting bank
Pre-printed and office-use boxes at the top of the form.
- Broker's name and code
- Pre-printed
- Sub-broker code
- Pre-printed
- Bank branch Sr. No. and stamp
- Collecting bank
- Date of receipt of application
- Collecting bank
- Date of credit of cheque or DD in the NHAI account
- Collecting bank
- Registrar's reference no.
- Registrar
- Application number
- Printed top right, on the slip and on page 2
Number of bonds and payment
Issue price ₹10,000 per bond; amount payable is A × 10,000.
- No. of bonds (A), in numbers
- Required
- No. of bonds (A), in words
- Required
- Amount payable (₹), in figures
- Required
- Amount payable, in words
- Required
- Cheque, demand draft or UTR drawn on
- Name of the bank and branch
- Cheque, DD or UTR no.
- Dated
Applying as
Tick whichever applies.
- 1. Banks, commercial, RRB or co-operative
- 2. Financial institutions
- 3. Company
- 4. Mutual fund
- 5. Firms
- 6. NRI
- Enter the country of residence
- 7. Individuals
- 8. HUF
- 9. Other
- Specify
Bond certificate mode
Tick any one.
- Physical mode
- A bond certificate is issued
- Demat mode
- DP ID no. (8 boxes) and Client ID no.
Applicant names
Block letters, one letter per box, a blank box between parts of a name.
- First or sole applicant's name in full
- Required
- Aadhaar no. of the first applicant
- Date of birth
- If a minor
- Second applicant's name in full
- Individuals
- Third applicant's name in full
- Individuals
- Father's or husband's name of the first applicant
- Individuals
First or sole applicant's address in full
Do not write the name again.
- Address
- Three lines
- District
- Required
- PIN
- 6 boxes
Contact details
- Phone
- Fax
Bank particulars for interest and redemption
Attach a photocopy of a cheque or a cancelled cheque so the MICR and IFSC codes can be verified; interest and redemption are paid by NECS or RTGS.
- Bank name
- Required
- Account no.
- Required
- Branch name and address
- Required
- Account type
- SB, Current or NRO; tick one
- MICR code
- 9 digits
- IFSC code
- 11 characters
PAN, occupation and signature
One row each for the first, second and third applicant.
- PAN or GIR no.
- Required for the first applicant
- Occupation
- Signature
- In English or Hindi; otherwise attested
Nominee
Individuals only.
- Name
- Address
- Name of guardian
- If the nominee is a minor
- Relation with the applicant
- Date of birth
- If a minor
- Signature of nominee or guardian
- Optional
Authorised signatories
Applicants other than individuals.
- Name of authorised signatory 1 and 2
- Designation 1 and 2
Acknowledgement slip
The tear-off at the foot of page 1, filled in by the sole or first applicant and stamped by the collecting bank as the receipt.
- Received from Mr., Ms. or M/s.
- Address and PIN
- No. of bonds, in numbers and in words
- Amount (₹)
- Cheque, DD or UTR no., dated and drawn on
- For ₹, in words
- Accepting officer's signature with date
- Collecting bank
The Bond Issue is being made strictly on a private placement basis. It is not and should not be deemed to constitute an offer to the public in general. It cannot be accepted by any person other than to whom it is directed.
Page 2: instructions for filling the form
- Fill the form in block letters in English, leaving a blank box between parts of a name. Sign in English or Hindi; a signature in any other Indian language must be attested by an authorised bank official, a magistrate or a notary public under seal.
- Minimum one bond, maximum 500. Under Section 54EC, the investment from the capital gains on one or more original assets, in the year of transfer and the following financial year, cannot exceed ₹50 lakh. Since Union Budget 2018 the tenure is five years and only long-term gains from land or building, or both, qualify.
- Submitting the form presumes the information given is true and fair. A guardian signs for a minor, a partner for a partnership firm, the karta for an HUF, a trustee for a trust, and the individual or a duly authorised person otherwise.
- Submit during banking hours at any bank branch named in the Memorandum of Private Placement. Outstation demand drafts must be payable at a designated collection centre and bank charges are borne by the applicant. NHAI accepts no responsibility for applications or instruments lost in the mail, or for late or short credit of application money.
- An application once submitted cannot be withdrawn.
- Pay by cheque or demand draft in favour of “National Highways Authority of India”, crossed “Account Payee Only”, drawn on a bank that is a member or sub-member of the local bankers' clearing house and payable at the collecting centre. RTGS is also accepted; the bank details are published on nhai.gov.in.
- Cash, stock-invest, money orders and postal orders are not accepted.
- Mention the PAN on the form. Attach a self-certified copy of the PAN card and the Aadhaar card, a certified copy of the first applicant's address proof and one cancelled cheque.
- No TDS is deducted on interest paid to resident Indians. For NRI investors, TDS is deducted as per the DTAA, and the country must be entered in the box against the NRI status.
- Receipt is acknowledged by the banker stamping the acknowledgement slip below the form. No separate receipt is issued.
- For an application under a power of attorney, or by a limited company or other corporate body, attach a certified copy of the power of attorney or of the relevant authority's approval.
- Applications are scrutinised under the terms and conditions of the private placement. NHAI may accept or reject any application, in part or in full, at its sole discretion and without giving a reason; a form that is not complete in all respects is liable to be rejected.
- Keep a photocopy of the submitted application form.
- Forms are not accepted after banking hours.
- The form can be deposited at any branch of Union Bank of India, HDFC Bank and IndusInd Bank, and at the designated branches of Axis Bank, Canara Bank, ICICI Bank and IDBI Bank.
- Investors can check their details on the registrar's website, Beetal Financial & Computer Services Pvt. Ltd. Unresolved grievances go to the registrar (99 Beetal House, Near Harsukhdas Mandir, Behind Local Shopping Centre, Madangir, New Delhi 110062; 011-29961281 to 83; [email protected]) or to the NHAI Bonds Division (011-25074100 or 25074200, extensions 3530 and 3560).
Submitting the form
Take a print of the application form on A4 paper, attach the documents below, and submit it to us or to any listed bank branch.
1
PAN Card and Address Proof Photo Copy self-attested by applicant.
2
One Cancelled Cheque copy.(for ECS/RTGS/NEFT payment of Interest /Maturity Amount.)
3
Cheque / DD should be drawn in favour of “National Highways Authority of India”
4
On First come First Serve Basis
5
Keep photocopy of application form for your record.
6
You can send your Application along with above document to below mention address:- Sanriya Investment Services, Kamdhenu, 2nd Floor, Opp. Prakash (MSEB Office) Bhavan, Next to Bank of Baroda, Near Chattushringi Temple, above Tribes India, Senapati Bapat Road, Shivajinagar, Pune, Maharashtra 411016, Mob. No. 9175193456 / 9175937625.
7
Before submitting your application, please send us an application image / soft copy / photocopy on whats app no. 9175193456 / 9175937625 to check if something is missing or needs to be corrected.
8
Or Submit / deposit your application form in Listed/ Design Bank Branches. (Find attached list below, Search for your city)
9
You need to carry properly filled application forms, submission centers do not provide application forms, only accept the forms and provide acknowledgement.
10
The Acknowledgement copy will suffice your taxation purpose.
11
Bond Certificate/ Letter of Allotment:- NHAI will issue the Bond Certificates within 2 months from the deemed dated of allotment or such extended period as may be decided by NHAI.
12
The actual bond will reflect in your demat account within 8-10 weeks’ time form date of allotment.
13
To track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
14
All application must have Broker Code: SSL-149 (SBI Cap Sec), Sub Broker Code: 7350200256.
15
Free* Home Service available in *Pune
16
Ask for service, not brokerage / commission / pass back / rebate, we don't entertain people of this kind.
Who can invest
- Individuals
- Hindu Undivided Families (HUF)
- Partnership Firm
- LLP
- Insurance Companies
- Companies and Body Corporates
- Provident Funds, Superannuation Funds and Gratuity Funds
- Banks
- Mutual Funds
- Financial Institutions (FIs)
- Foreign Portfolio Investors (Subject to existing regulations)
- RRBs
- NRIs/other foreign eligible investor investing out of NRO A/c on non-repatriable basis subject to applicable law
- Co-operative Banks
- Any other investor subject to applicable laws
Documents required
For Resident Indian Nationals:
- a] PAN CARD
- Documents in support of Name and Address (copies Self Attested in case of Individual, ANY ONE)
- a) Aadhaar Card
- b) Passport
- c) Driving License
- d) Identify Card issued by any institution
- e) Copy of the electricity bill or telephone bill showing residential address
- f) Any document or communication issued by any authority of the Central Government, State Government or local bodies showing residential address
- g) Voters Identity Card
- h) Ration Card
For NRIs / Other foreign eligible investor
- a) Passport-Mandatory
- b) PAN Card
- c] Indian Address Proof
- d] Overseas address proof.
For Corporate-Investor
- Documents in support (copies attested by Company Secretary/Director)
- a) Certificate of Incorporation and Memorandum & Articles of Association
- b) Resolution of the Board of Directors and identification of those who have authority to operate
- c) Power of Attorney granted to its managers, officers or employees to transact business, on its behalf
- d) Copy of PAN/PAN Allotment letter.
For Partnership Firms-Investor
- Documents in support (copies attested by Notary)
- a) Registration certificate, if registered
- b) Partnership deed
- c) Power of Attorney granted to a partner or an employee of the firm to transact business on its behalf
- d) Any officially valid document identifying the partners and the persons holding the Power of Attorney and their addresses
- e) Telephone bill in the name of firm/partners
Trust & Foundations-Investor
- Documents in support (copies attested by Notary)
- a) Certificate of registration, if registered
- b) Power of Attorney granted to transact business on its behalf
- c) Any officially valid document to identify the Trustees, Settlors, Beneficiaries and those holding Power of Attorney, Founders/Managers/ Directors and their addresses
- d) Resolution of the managing body of the Foundation/Association
- e) Telephone bill
- f) Copy of PAN / PAN Allotment letter (otherwise exemption certificate issued by IT Authorities)
- For Status of your NHAI Application, interest and maturity payment contact the Registrar & Transfer Agents of issue :-
- Click Here to check your NHAI Capital Gain Bonds Application Form status online
Paying by bank transfer
After RTGS/NEFT the original application along with necessary documents submit to the particular bank branch of your Location (collecting Bank on same day) along with UTRN / Payment details and Bank Statement or needs to send on below address.
UNION BANK OF INDIA
- RTGS/NEFT Details
- BENEFICIARY NAME : NATIONAL HIGHWAY AUTHORITY OF INDIA / A/c No. : 536401010000419 / IFSC : UBIN0553646
- Address where original application form needs to send
- UNION BANK OF INDIA, SECTOR- 6 , BANSAL PLAZA, DWARKA, NEW DELHI – 110075.
- Email ID where scan image of application needs to send
- [email protected]; [email protected] ; / Registrar:- / [email protected]
IDBI Bank
- RTGS/NEFT Details
- BENEFICIARY NAME : NATIONAL HIGHWAY AUTHORITY OF INDIA / A/c No. : 998103000002561 / IFSC : IBKL0000127
- Address where original application form needs to send
- IDBI BANK LTD, CMS-OPS, CCU, 11 B/8, TEWARI HOUSE, PUSA ROAD, NEW DELHI – 110005.
- Email ID where scan image of application needs to send
- [email protected]; / [email protected]; / [email protected]; / Registrar:- / [email protected]
Canara Bank
- RTGS/NEFT Details
- BENEFICIARY NAME : NHAI CG BOND ISSUE / A/c No. : 2471201001184 / IFSC : CNRB0002471
- Address where original application form needs to send
- CANARA BANK, CMS BRANCH, JEEVAN BHARTI BUILDING, SANSAD MARG, NEW DELHI – 110001.
- Email ID where scan image of application needs to send
- [email protected]; / Registrar:– / [email protected]
ICICI Bank
- RTGS/NEFT Details
- BENEFICIARY NAME : NATIONAL HIGHWAYS AUTHORITY OF INDIA / A/c No. : 000405100716 / IFSC : ICIC0000004
- Address where original application form needs to send
- ICICI BANK LTD, CMS DIVISION, 1ST FLOOR, 122 MISTRY BHAWAN, DINSHAW VACHHA ROAD, BACKBAY RECLAMATION, CHURCHGATE, MUMBAI – 400020.
- Email ID where scan image of application needs to send
- [email protected]; / [email protected] / [email protected]; / Registrar:- / [email protected]
HDFC BANK
- RTGS/NEFT Details
- BENEFICIARY NAME – NATIONAL HIGHWAYS AUTHORITY OF INDIA / A/C No. : 00030350007025 / IFSC : HDFC0000003
- Address where original application form needs to send
- HDFC BANK LTD, BTI DEPARTMENT, LODHA 1, THINK TECHNO CAMPUS BUIDLING, ALPHA, 3RD FLOOR OFFICE, KANJUR MARG (EAST), MUMBAI – 400042.
- Email ID where scan image of application needs to send
- [email protected]; / [email protected]; / [email protected]; / Registrar:- / [email protected]
Axis Bank
- RTGS/NEFT Details
- BENEFICIARY NAME : NHAI 54EC CAPITAL GAINS BOND ISSUE / A/c No. : 912020019237448 / IFSC : UTIB0000207
- Address where original application form needs to send
- IPO/NFO TEAM, AXIS BANK LTD, 5TH FLOOR, 'GIGAPLEX', BUILDING NO.1, PLOT NO. I.T.5 MIDC, AIROLI KNOWLEDGE PARK, AIROLI, NAVI MUMBAI – 400708.
- Email ID where scan image of application needs to send
- [email protected]; / [email protected] / [email protected] / Registrar:– / [email protected]
IndusInd Bank
- RTGS/NEFT Details
- BENEFICIARY NAME : NATIONAL HIGHWAYS AUTHORITY OF INDIA 54EC BONDS / A/c No. : 15162198800 / IFSC : INDB0001872
- Address where original application form needs to send
- Indusind Bank Ltd. NHAI Office New Building, Basement Floor, G – 4, Sector 10, Dwarka, New Delhi – 110075.
- Email ID where scan image of application needs to send
- [email protected] / [email protected] / Registrar:– / [email protected]
Status, interest and maturity
For Status of your NHAI Application, interest and maturity payment contact the Registrar & Transfer Agents of issue :-
- NHAI 54EC Bonds
- 2007-08 (VII), 2009-10 to 2018-19 (X to XIX), 2020-2022 (XXI-XXII) / 2022-2023 (XXIII) · M/s Beetal Financial & Computer Services Pvt Ltd. / 99, Beetal, House, Nr. Harsukhdas Mandir, Behind Local Shopping Centre Madangir, New Delhi-110062, Tel: 011-29961281-83 [email protected]; [email protected]; [email protected]; [email protected]
- 54EC Bonds
- 2019-20 (XX) · M/s Bigshare Services Pvt. Ltd 302, Kushal Bazar, 32-33, Nehru Place, New Delhi-110019 Tel: 011-42425004 / 47565852 nhaibonds@@bigshareonline.com; [email protected]
Submission centres across India
Questions investors ask
Long Term Capital Gains are the gains made from the selling of a Long Term Capital Asset, and they are subject to Capital Gains Tax. However, if this balance is invested in NHAI Capital Gain Bonds stated in Section 54EC within 6 months of the selling of the previous asset, such tax will be avoided.
Under Section 54 EC, there are four eligible bond options for investment: – 1.NHAI (National Highways Authority of India) 2.REC (Rural Electrification Corporation) 3.IRFC (Indian Railway Finance Corporation) & 4.PFC (Power Finance Corporation Ltd)
5 years from the Deemed Date of Allotment. If the amount has been paid for the purchase of the bonds, the application cannot be withdrawn. These bonds are not traded on a stock exchange.
A 5% annual payment is provided NHAI Capital Gain Bonds.
The interest is only paid yearly.
The interest on NHAI Capital Gain Bonds is due on 1st April of each year. Normally, the interest is credited by NEFT / RTGS on the same or next day (subject to banking holidays).
No, the interest earned on NHAI Capital Gain Bonds is taxable…
TDS will not be deducted on NHAI Capital Gain Bonds, but interest will be taxable.
The NHAI Capital Gain Bonds issue begins on June 1, 2022 and ends on March 31, 2023.
Payment can be made by cheque, DD, RTGS, or NEFT (details given above)
You may apply for the 54 EC NHAI Capital Gain Bonds either offline with physical forms or download form online from www.sanriya.in.
100% on applicant allotment can be completed, provided the application is in place.
Last day of each month for application money cleared and credited in companies collection account.
From the date of realization of the cheque / demand draft / NEFT / RTGS , at the prevailing Coupon Rate
Rs.10,000/- per bond / Rs.10,000/- as a minimum investment
In a financial year, 500 bonds of Rs. 10,000/- each (Subject to section 54EC of Income Tax Act, 1961)
Each bond must be worth Rs. 10,000/-, so you can purchase either 57 or 58 bonds, i.e. Rs. 5,70,000 or Rs. 5,80,000 respectively.
Since each bond is worth Rs. 10,000/-, the company will give you 250 bonds in a single certificate.
These NHAI Capital Gain Bonds can be purchased in either physical or demat form. A demat account is not mandated; there is no need to open a new one. If you do not have a demat account, you will get a physical bond certificate similar to your Fixed Deposit Receipt.
There is no need to open a new bank account; a cheque from your existing bank account from any bank would sufficient for investments. (It is not required to open bank account with application submission centre)
NHAI Capital Gain Bonds are non-transferable, non-negotiable, and cannot be used as collateral on any bank advance or loan.
At maturity, NHAI Capital Gain Bonds will be immediately repaid without the surrender of Bond Certificate and the invested amount will be transferred to the investor's bank account via RTGS, NEFT or cheque (If a bank credit is rejected due to a change of account number, IFSC code, the closure of a bank account, etc.). If yo have not received the amont then contact the Registrar of Issue or your broker.
No, brokerage is paid by NHAI Capital Gain Bonds to broker.* (Broker gets only 0.05% of invested amount.) So ask for service, not brokerage.
No, it is illegal.
If your location has not mentioned in the list, in that case you have to send Capital Gain Bond Application Form along with above document to below mention address by registered post or courier :- Sanriya Investments Services, Kamdhenu, 2nd Floor, Opp. Prakash Bhavan, Next to Bank of Baroda, Near Chattushringi Temple, above Tribes India, Senapati Bapat Rd, Shivajinagar, Pune, Maharashtra 411016, Mobile No: 9175193456 / 9175937625 We will inform you on receipt of your application, will check everything and update you if any this is pending, will submit your form and send you the acknowledgement.
Kindly contact the registrar of issue for information on the status of your application form, interest payments, maturity payments, change of bank data, name change, candidate change, and so on for NHAI Capital Gain Bonds
Yes, you can submit several applications; however, the maximum tax benefit is Rs 50 lakhs under Section 54EC.
You may only get one nominee per application form.
It is entirely optional.
Yes, you must submit the required paperwork, as well as your UTRN No. / Payment reference number, to the nearest bank branch.
Your acknowledgement would serve as evidence of your investment. The certificate could arrive at any time from NHAI Capital Gain Bonds.
If you have applied for allotment in demat mode, you will not get a physical certificate; instead, your bonds will be reflected in your demat account as frozen holdings.
It usually takes 8 weeks from the date of your cheque clearance, but it can be delayed by 15 days at times.
National Highways Authority of India
NHAI has been notified by the Government of India as eligible to issue 54EC Capital Gain Tax Exemption Bonds. National Highways Authority of India was set up by an act of the Parliament, NHAI Act, 1988 “An Act to provide for the constitution of an Authority for the development, maintenance and management of national highways and for matter connected therewith or incidental thereto”. It has been entrusted with National Highways Development Project, which alongwith other minor projects, has vested in it 50329 kms of National Highways for development, maintenance and management. Our objective is to ensure that all contract awards and procurements conform to the best industry practices with regard to transparency of process, adoption of bid criteria to ensure healthy competition in award of contracts, implementation of projects conform to best quality requirements and the highway system is maintained to ensure best user comfort and convenience.
National Highways are the arterial roads of the country for inter-state movement of passengers and goods. They traverse the length and width of the country connecting the National and State capitals, major ports and rail junctions and link up with border roads and foreign highways. The total length of NH (including expressways) in the country at present is 1,32,499 kms. While Highways/Expressways constitute only about 1.7% of the length of all roads, they carry about 40% of the road traffic.
From our channel
Watch, then apply
Short explainers on NHAI Capital Gain Bonds from the Sanriya Finvest channel, a few minutes each.
How to apply for Capital Gain bonds?
The 54EC application end to end: the form, the cheque or transfer, the documents and where to submit it.
Watch on YouTubeHow to Save Capital Gains Tax on Property (Legally)
The routes the Income Tax Act allows after a property sale, and where Section 54EC bonds come in.
Watch on YouTubeHolding legacy NHAI bonds?
Bring the certificate details to a review. We diarise the redemption and plan where the proceeds go next.
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