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    <description>Specification designates a fifteen year zero coupon bond of Power Finance Corporation (PFC) as a zero coupon bond under clause 48 of section 2 of the Income tax Act, identifying its life, issuance deadline, fixed maturity amount per bond, discount to be determined by PFC, and authorised number of bonds, and making the specification conditional on fulfilment of certain sub rule conditions in the Income tax Rules governing eligibility and issuance.</description>
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