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Should I buy capital gains bonds or pay tax and invest in PMVVY?
3 years, 5 months ago

Should I buy capital gains bonds or pay tax and invest in PMVVY?

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I am 70-year-old and have got long term capital gain money of ₹15 lacs by selling 30-year-old residential property. Alternatively, I can invest 15 Lacs in Pradhan Mantri Vaya Vandana Yojana with a higher interest rate but I will have to pay upfront 20 percent tax now on a long term gain of 15 Lacs. Your investment in Capital Gain …

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