Recently, which Maharatna Central Public Sector Enterprise launched a SUGAM RECmobile application?

A COAL India Limited Correct Incorrect

B REC Limited Correct Incorrect

C ONGC Correct Incorrect

D BPCL Correct Incorrect

Detailed Solution

Recently, REC Limited, the Maharatna Central Public Sector Enterprise launched a SUGAM RECmobile application.

It is exclusively for current and future investors in REC’s 54EC Capital Gain Tax Exemption Bonds.

54EC bonds: These are also known as Capital gain bonds are fixed income instruments which provide capital gains tax exemption under section 54EC to the investors.

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