MY cousin has recently sold a site and got a sum of 1.33 crores. He is asking me to advise whether he can invest partially in NHAI/Rural development bonds and rest in purchasing a site. Can you please help?

? rediff.com Rediff Gurus Logo Hi Souringal Balagopalan | Sign Out HealthHealth MoneyMoney RelationshipRelationship CareesCareer Ask your questions about health, money, relationship or careers here Ask Anonymously Souringal Souringal 1 Questions 0 Answers 0 Gurus 0 Bookmarks These questions will be answered soon. Not Answered yet Souringal Asked on - Apr 26, 2024 My land area 750cents. Offer amount rs.33000/cent Fare value rs.54500/cent. Will take 2 capital gain bond. Approximate tax calculation pl. If the purchaser will pay the tax beyond 33000/ cent how much tax he has to pay? My land is having currently tapping rubber plants and it is 5 kilometers away from municipality with a population of about 60000 The purchaser will cut all the rubber plants and develop the land for selling it in pieces pieces. He will continue to sell the land in pieces till 11 months from taking from me. As and when he sells the plots he will pay the amount due to me. At the end of 11 months the remaining land he will take on his name and the remaining money due to me will be paid. Money DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act. © 2024 Rediff.com - Disclaimer - Privacy - Terms of use - Grievances - Feedback Souringal BalagopalanSouringal Balagopalan Categories Health Money Relationship Career Gurus Archana Deshpande Shekhar Kumar Vishal Bisht Maxim Emmanuel Krishna Kumar Dr Radhakrishnan Pillai Rohit Gupta Rajesh Nair Sarvesh Agrawal Ankit Mehra See All GURUS

Thanks a lot sir, will try to consult you in person if possible, to understand the area of investment and the pocket size of the investment.