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of <h1>Central Government Specifies 7-Year, 13% Taxable Bonds by Nuclear Power Corporation under Section 193(iib) of Income-tax Act</h1> The Central Government has specified a 7-year, 13% taxable, non-cumulative, secured, redeemable bond, known as the 4th Series D(II), issued by the Nuclear Power Corporation of India Limited, Bombay, under section 193(iib) of the Income-tax Act, 1961. This notification, dated October 24, 1991, outlines that the benefits of this provision apply only if the transferee informs the Corporation of the bond transfer by registered post within sixty days.
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