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of <h1>Central Government Recognizes IDBI Flexibonds-14th Series Under Section 80L of Income-tax Act for Tax Benefits</h1> The Central Government specifies certain debentures, in the form of bonds, issued by the Industrial Development Bank of India (IDBI) under the Flexibonds-14th series, as per the powers granted by section 80L of the Income-tax Act, 1961. These include the Regular Income Bond, Retirement Bond, and Growing Interest Bond, each with distinctive numbers and options, available in both physical and demat forms. These bonds are part of IDBI's public issue and are recognized for tax purposes under the specified clause of the Income-tax Act.
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