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    <title>Central Government specifies the bond as zero coupon bond</title>
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    <description>The Central Government has specified the Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development as a zero coupon bond for the purposes of the Income-tax Act, 2025. The bond has a ten-year life and is to be issued on or before 31 March 2028. The notification specifies its maturity or redemption amount, discount and proposed number of bonds, and remains effective subject to compliance with conditions under the Income-tax Act, 2025 and the Income-tax Rules, 2026.</description>
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