Section 54EC bonds are also known as Capital Gain Bonds. It is an investment instrument under the Income Tax Act that permits taxpayers to save on long-term capital gains tax when they sell assets like real estate. These bonds usually have a lock-in period and offer tax benefits for those who meet the investment criteria. https://www.rrfinance.com/OurProducts/Invest_in_Capital_Gain_Bonds_Online.aspx