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<h1>Central Government Designates NHPC's 7-Year Bonds Under Section 193(iib) of Income-tax Act, 1961</h1> The Central Government has designated the '7-Year 14% Secured Redeemable Non-convertible Bond--(A. series)' issued by the National Hydroelectric Power Corporation Limited, New Delhi, under section 193(iib) of the Income-tax Act, 1961. This specification is made under the powers conferred by clause (iib) of the proviso to section 193 of the Act, as outlined in Notification No. S.O.3830, dated October 29, 1986.