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of <h1>Government Issues Tax-Free NHB-Golden Jubilee Bonds for Rural Housing Finance under Section 10(15)(iv)(h) of Income-tax Act 1961</h1> The Central Government has specified the issuance of seven-year, 9.5% NHB-Golden Jubilee Rural Housing Finance tax-free priority sector bonds under section 10(15)(iv)(h) of the Income-tax Act, 1961. These bonds, issued by the National Housing Bank, are valued at Rs. 100,000 each, totaling Rs. 200 crores, and bear distinctive numbers from A/00001 to A/20000. The tax-free benefit is available only if bondholders register their names and holdings with the bank.
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