We offers distribution services of Company Fixed Deposits, Capital Gain Bonds, NCD’s, 7.75 % GOI Taxable Bonds through our network of branches across India. We assure you a hassle free transaction experience through us. Our focus is to offer integrated solutions for your all investment needs.
Capital Gain Bonds – Under section 54EC of income tax act, an investor need not pay tax on any Long-Term Capital Gains arising from sale of any capital assets. If the entire Capital Gain realized is invested within 6 Months of the date of sale, in eligible bonds. Currently, following are permitted to issue Capital Gain Bonds Under Section 54EC:-
7.75% GOI Bonds – These are like any other Govt. Bonds with specified Rate of Interest. The rate is fixed at 7.75% per annum paid Half Yearly, Yearly, or you can opt for cumulative payment of interest at the end of the tenure. These Bonds are issued by the Government with a maturity of 6 Years.
Corporate fixed deposit is a deposit in company for a fixed rate of return over a fixed period of time. The rate of interest is determined by the tenure of the deposit as well as other factors. NBFC’s, Housing Finance & Manufacturing companies accept such deposits. The corporate fixed deposit is governed by section 58A of the Companies Act. Company fixed deposit is a good option for investment as they provide higher rate of interest compared to bank deposits. They are a good source of regular income by means of monthly, quarterly, half-yearly, or yearly interest incomes. Performance of the company should be reviewed from time to time and at the maturity of deposit, by analyzing Balance Sheet & Share Prices movement. This will be helpful in deciding whether the deposit should be renewed or not.