Capital Gain Scheme Bonds, specifically defined under Section 54EC of the Income Tax Act in India, allow taxpayers to invest long-term capital gains from the sale of certain assets into these bonds, thereby deferring tax liabilities on those gains. These bonds, primarily issued by the National Highway Authority of India (NHAI) and Rural Electrification Corporation (REC), have a tenure of 5 years and a maximum investment limit of ₹50 lakh per financial year. The scheme promotes infrastructure development while providing tax benefits to investors, making it an attractive option for individuals looking to minimize their capital gains tax exposure.