Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Govt. specifies NHPC K-Series bonds under Section 80L of Income-tax Act for tax benefits.</h1> The Central Government, under section 80L of the Income-tax Act, 1961, specifies certain taxable, secured, redeemable, non-convertible bonds issued by the National Hydroelectric Power Corporation Limited, Haryana. These include: (a) 5-year bonds with an 18% interest rate, valued at seventy-six crores seventy-six lakhs and eighty thousand rupees; (b) 5-year bonds with a 17.5% interest rate, valued at one hundred thirty-seven crores forty-five lakhs and fifty thousand rupees; and (c) 7-year bonds with a 17.5% interest rate, valued at fifty crores rupees. These bonds are part of the NHPC K-Series.