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of <h1>Central Government Issues 7-Year 9.5% NHB-Swarna Jayanti Rural Housing Finance Tax-Free Bonds Under Section 10(15)(iv)(h)</h1> The Central Government has specified the issuance of 7-year 9.5% NHB-Swarna Jayanti Rural Housing Finance Tax-Free 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. 1,00,000 each, with a total issuance amount of Rs. 100 crores, and bear distinctive numbers from B/00001 to B/10000. The tax-free benefit is applicable only if the bondholder registers their name and holding with the National Housing Bank.
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