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of <h1>Government Specifies ICICI Safety Bonds as Per Section 80L of Income-tax Act, 1961 for Tax Savings</h1> The Central Government specifies certain bonds in the nature of debentures issued by the 'Industrial Credit and Investment Corporation of India Limited, Mumbai,' under the public issue of Safety Bonds in August 2000, as per Section 80L of the Income-tax Act, 1961. The notification details the allotment of tax-saving and regular income bonds, including the number of bonds, total amount, and distinctive numbers for various options. The bonds are categorized under different options, each with specific allotments and amounts. This specification is part of Notification No. 381, dated 10th December 2002, issued by the Under Secretary.
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