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 considered as “Income from Other Sources” and is subject to taxation as per the individual’s applicable income tax slab rate.

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Related posts:

  1. Can TDS (Tax Deduction at Source) be deducted from the interest amount of IRFC-REC-PFC Capital Gain Bonds?
  2. Why do you invest in IRFC-REC-PFC Capital Gain Bonds or 54EC IRFC-REC-PFC Capital Gain Bonds? What are the tax advantages of investing in IRFC-REC-PFC Capital Gain Bonds?
  3. When will I get the interest payment on my IRFC-REC-PFC Capital Gain Bonds?
  4. When does interest start accruing for 54EC IRFC-REC-PFC Capital Gain Bonds? Does it start from the date of transfer of funds?
  5. What is the coupon rate/interest rate/payable on IRFC-REC-PFC 54EC Capital Gain Bonds?
  6. Can I get interest on IRFC-REC-PFC Capital Gain Bonds monthly, quarterly, semi-annually or annually?
  7. If I want IRFC-REC-PFC Capital Gain Bonds in Demat form, will I get an IRFC-REC-PFC Capital Gain Bond certificate?
  8. Whom can I contact to check the status of my application form, interest payments, maturity payments, change of bank details, name change, nomination change and so on for IRFC-REC-PFC Capital Gain Bonds?
  9. When does the issue of IRFC-REC-PFC Capital Gain Bonds open and close?
  10. Can NRI invest in IRFC-REC-PFC Capital Gain Bonds?

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