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    <title>Specification of public sector bonds under section 5(1)(xvie)</title>
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    <description>Specification under section 5(1)(xvie) designates particular public sector debentures as falling within the clause for wealth tax purposes. The Central Government, by notification dated 19 November 1986, specifies two instruments as eligible: a seven year secured redeemable non convertible bond issued by the Indian Petrochemicals Corporation Ltd., Baroda, and a seven year secured redeemable bond (13th Series) issued by the Rural Electrification Corporation Ltd., New Delhi.</description>
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      <description>Specification under section 5(1)(xvie) designates particular public sector debentures as falling within the clause for wealth tax purposes. The Central Government, by notification dated 19 November 1986, specifies two instruments as eligible: a seven year secured redeemable non convertible bond issued by the Indian Petrochemicals Corporation Ltd., Baroda, and a seven year secured redeemable bond (13th Series) issued by the Rural Electrification Corporation Ltd., New Delhi.</description>
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