CBDT Notifies Zero-Coupon Bond Issued by NABARD Worth Rs 19,500 Crore for Income Tax Purposes

Last updated: 13 June 2025

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

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