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 noti
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
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.
CAclubindia
