CBDT Introduces Ten-Year Zero Coupon Bond by Power Finance Corporation Ltd. with Tax Benefits [Read Notification]
Ministry of Finance issued a notification specifying the issuance of Ten-Year Zero Coupon Bonds by Power Finance Corporation Ltd., offering tax-efficient, long-term investment opportunities
By Kavi Priya - On March 13, 2025 4:44 pm - 2 mins read
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has issued Notification No. 19/2025, dated March 11, 2025, under the Income Tax Act, 1961. This notification specifies the details of a newly introduced Ten-Year Zero Coupon Bond issued by Power Finance Corporation Ltd. as per clause (48) of section 2 of the…
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