The Housing and Urban Development Corporation Limited (HUDCO) is now authorized to issue capital gain tax exemption bonds under Section 54EC of the Income Tax Act, 1961. This means if you have sold land or buildings and are stuck with a large capital gains tax, you can invest in HUDCO bonds to offset that tax. https://www.rrfinance.com/Blogs/hudco-is-now-part-of-capital-gain-bonds.aspx