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of <h1>Central Government Approves Tax Benefits for IDBI Bonds Under Section 80L of the Income-tax Act, 1961</h1> The Central Government, under section 80L of the Income-tax Act, 1961, specifies certain debentures issued by the Industrial Development Bank of India, Mumbai, as eligible for tax benefits. These include the Regular Income Bonds, Growing Interest Bonds, Multi Option Bonds, and Infrastructure (tax-saving) Bonds, each with a face value of five thousand rupees. The distinctive numbers for these bonds range from BRI-1000001 to 3222046, BGI-50001 to 170219, BMO-00001 to 43021, and BIF-200001 to 814714, respectively. These bonds were part of the Flexibond-5 Series public issue.
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