The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
PFC Bonds, issued by the Power Finance Corporation Limited, are popular because they are capital gains tax exemption bonds or section 54EC bonds. Simply put, you can skip paying long-term capital gains tax arising out of sale of property or land by investing the realized capital gains in these bonds. Like other 54EC bonds, even PFC bonds have the highest AAA credit rating.
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