Quick Summary
The Central Government, in a significant move aimed at supporting long-term infrastructure financing, has notified the Ten-Year Zero-CouponBond of the National Bank for Financing Infrastructure and Development (NaBFID) as a Zero-Coupon Bond under the provisions of the Income-tax Act, 2025. The notification, issued by the Central Board of Direct Taxes (CBDT) through Notification No. 89/2026 dated July 17, 2026, has been made under Section 2(112) of the Income-tax Act, 2025 read with relevant pro
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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FAQ :
The CBDT has notified the Ten-Year Zero Coupon Bond of the National Bank for Financing Infrastructure and Development (NaBFID) as a Zero Coupon Bond under the Income-tax Act, 2025.
A Zero Coupon Bond is a debt instrument that doesn't pay regular interest. Instead, it's sold at a discount and the investor receives the full face value upon maturity, with the difference being their return.
The bond is a 10-year Zero Coupon Bond from NaBFID, with a redemption amount of ₹20,000 crore and a discount amount of ₹10,296.12 crore. It is set to be issued on or before March 31, 2028.
The notification provides tax certainty for NaBFID's Zero Coupon Bond, which is expected to enhance investor confidence and facilitate the mobilisation of large-scale, long-term resources for critical infrastructure projects.
NaBFID must comply with the conditions prescribed under the Income-tax Act, 2025 and the Income-tax Rules, 2026.
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