Quick Summary
The Central Board of Direct Taxes (CBDT) has officially notified a zero-coupon bond issued by the National Bank for Agriculture and Rural Development (NABARD) under clause (48) of Section 2 of the Income-tax Act, 1961. As per Notification No. 56/2025 issued by the Ministry of Finance (Department of Revenue) on June 12, 2025, the following key details define the characteristics of the zero-coupon bond: Bond Name: Zero Coupon Bond of The National Bank for Agriculture and Rural Development (N
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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 officially notified a zero-coupon bond issued by NABARD, worth Rs 19,500 crore, for income tax purposes.
The maturity period for this zero-coupon bond is 10 years, 11 months, and 13 days.
The bond is set to be issued on or before March 31, 2027.
The accrued discount will be taxable as income from capital gains, but only upon transfer or redemption of the bond, not on an annual basis.
The proceeds from this bond issuance are expected to be used by NABARD for long-term funding of rural credit, infrastructure projects, and other development initiatives.
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