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Sunday 12 July 2015

TAX FREE BONDS DATED 6-7-2015

NOTIFICATION NO. 59/2015 [F.NO.178/27/2015-(ITA-I) DATED 6-7-2015
Following Institutions authorized to issue tax free bonds u/s 10(15)(iv)(h)
1. NHAI
2. IRFC
3. HUDCO
4. IREDA
5. PFC
6. REC
7. NTPC
The tenure of the bonds shall be for ten or fifteen or twenty years.
It shall be mandatory for the subscribers to furnish their Permanent Account Number to the issuer of the bonds.


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