In Short : The Central Board of Direct Taxes has granted Section 54EC tax exemption status to IREDA bonds, allowing investors to save on capital gains tax by reinvesting in these bonds. Previously limited to REC and NHAI, this move boosts funding options for clean energy projects and enhances IREDA’s ability to attract retail investment […]
Govt Grants Section 54EC Tax Benefit Status to IREDA Bonds – EQ
Central Board of Direct Taxes (CBDT) under the Ministry of Finance has notified bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) as ‘long-term specified asset’ under section 54EC of the Income-tax Act, 1961. The notification came into effect from July 9, 2025. As per the notification, bonds redeemable after five years and issued […]