Zero coupon bond status granted to the infrastructure financing bank's ten-year bond, subject to statutory and regulatory conditions.

Zero coupon bond status granted to the infrastructure financing bank's ten-year bond, subject to statutory and regulatory conditions. https://www.taxtmi.com/highlights?id=101925 The Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development is specified as a zero coupon bond for Income-tax Act purposes. The specification applies to bonds issued on or before 31 March 2028, with a ten-year life, subject to the bank satisfying the applicable conditions under the Income-tax Act, 2025 and Income-tax Rules, 2026. This gives the identified bond zero coupon bond status within the prescribed statutory and regulatory framework. en-us Tue, 21 Jul 2026 13:23:09 +0530 Tue, 21 Jul 2026 13:23:09 +0530 TaxTMI RSS Generator Zero coupon bond status granted to the infrastructure financing bank's ten-year bond, subject to statutory and regulatory conditions. https://www.taxtmi.com/highlights?id=101925 The Ten Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development is specified as a zero coupon bond for Income-tax Act purposes. The specification applies to bonds issued on or before 31 March 2028, with a ten-year life, subject to the bank satisfying the applicable conditions under the Income-tax Act, 2025 and Income-tax Rules, 2026. This gives the identified bond zero coupon bond status within the prescribed statutory and regulatory framework. Highlights Income Tax Tue, 21 Jul 2026 13:23:09 +0530 https://www.taxtmi.com/highlights?id=101925