CBDT notifies 10 Year Zero Coupon Bond of Power Finance Corporation Ltd
March 11, 2025
Income Tax
CBDT notifies 10 Year Zero Coupon Bond of Power Finance Corporation Ltd. Clause (48) of section 2 of the Income-tax Act,1961 authorises the Central Government to notify a Zero Coupon Bond. Further Rule 8B of Income Tax Rules lays down Guidelines for notification of zero coupon bond. The …