https://www.taxtmi.com/notifications?id=115829 Specified public sector and infrastructure entities are authorised to issue tax-free, secured, redeemable, non-convertible bonds during 2013-14 subject to aggregate limits. Bonds may have ten, fifteen or twenty year tenures; subscribers must furnish PAN. Coupon rates are capped using a FIMMDA-based reference G-sec yield with differential spreads for Retail Individual Investors and rating-based adjustments for AA+ and AA/AA- issuers; semi-annual payment reduces rates. Public issue and private placement procedures, issue expense caps, post-issue financing plan submission to the Ministry of Finance, competitive selection of merchant bankers and compliance with Companies Act and SEBI debt regulations are mandated. en-us Thu, 08 Aug 2013 00:00:00 +0530 Fri, 18 Apr 2014 20:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=115829 Specified public sector and infrastructure entities are authorised to issue tax-free, secured, redeemable, non-convertible bonds during 2013-14 subject to aggregate limits. Bonds may have ten, fifteen or twenty year tenures; subscribers must furnish PAN. Coupon rates are capped using a FIMMDA-based reference G-sec yield with differential spreads for Retail Individual Investors and rating-based adjustments for AA+ and AA/AA- issuers; semi-annual payment reduces rates. Public issue and private placement procedures, issue expense caps, post-issue financing plan submission to the Ministry of Finance, competitive selection of merchant bankers and compliance with Companies Act and SEBI debt regulations are mandated. Notifications Income Tax Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=115829