Tax-exempt bonds specified under section 10(15)(iv)(h): eligibility requires holder registration with issuer for benefit to apply. The Central Government designates 7-year, 8.85% tax-free non-convertible secured redeemable bonds issued by Power Finance Corporation Limited as specified under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, identifying them by face value, aggregate issue amount and a block of distinctive numbers. The tax benefit is admissible only if the holder registers his or her name and holding with the issuing Corporation.