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    <title>Central Government specifies &quot;10 year-9% (tax-free) Secured Redeemable Non-Convertible REC Bonds (19th Series) (Private Placement)&quot;, issued by the Rural Electrification Corporation Limited u/s 10(15)(iv)(h)</title>
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    <description>Central Government designates a specified series of secured, redeemable, non-convertible REC bonds as tax-free under the Income-tax Act provision applicable to such instruments. The tax benefit is qualified by a mandatory condition that the bondholder register his name and holding with the issuing corporation to be eligible for the exemption.</description>
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    <pubDate>Mon, 17 Apr 1989 00:00:00 +0530</pubDate>
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      <description>Central Government designates a specified series of secured, redeemable, non-convertible REC bonds as tax-free under the Income-tax Act provision applicable to such instruments. The tax benefit is qualified by a mandatory condition that the bondholder register his name and holding with the issuing corporation to be eligible for the exemption.</description>
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