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54EC CAPITAL GAINS TAX EXEMPTION BONDS - SERIES-VIII
REC extends subscription in the Issue till 31.03.2011 or till any notification/modification is done by the GOI in the Income Tax Act,1961 u/s 54 EC of the Income Tax Act,1961, whichever is earlier
All other terms & conditions of the Information Memorandum (IM) remain same except the Interest Rate reduced from 6.25% to 6.00% p.a for Applications submitted on April 1, 2010 or thereafter.
PRIVATE PLACEMENT ON TAP OF NON CONVERTIBLE REDEEMABLE TAXABLE BONDS IN THE NATURE OF DEBENTURES OF RS. 10,000/- EACH FOR CASH AT PAR WITH BENEFITS UNDER SECTION 54EC OF INCOME TAX ACT, 1961 FOR LONG CAPITAL GAINS-SERIES-VIII.
Application Forms are available with the Mobilizers.
If you wish to download Application Form online, click here.
Application forms are accepted at Bank Branches click here.
To download Form 60, click here.
MINIMUM APPLICATION SIZE: RS. 10,000/-
MAXIMUM APPLICATION SIZE: RS. 50,00,000/-
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There are no forthcoming offers.
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RURAL ELECTRIFICATION CORPORATON LIMITED