Income Tax: The Central Government has notified Zero Coupon Bonds issued by NABARD as eligible under section 2(48) of the Income-tax Act, 1961.(16.06.2025)

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Income Tax 

The Central Government has notified Zero Coupon Bonds issued by NABARD as eligible under section 2(48) of the Income-tax Act, 1961. The bond details are as follows: 

  • Name of the Bond: Zero Coupon Bond of The National Bank for Agriculture and Rural Development (NABARD)
  • Tenure: Ten years, eleven months, and thirteen days
  • Time Schedule of Issue: To be issued on or before 31st March 2027
  • Maturity/Redemption Amount: Rs.19,500 crores
  • Issue Price (Discounted Value): Rs.10,349.625 crores
  • Total Number of Bonds to be Issued: 19.50 lakh bonds

 

[Notification No.  56 /2025 dated 12.06.2025]