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# fixedincome

1 posts in `fixedincome` tag

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Income tax

CBDT Notifies IRFC Zero Coupon Bonds: Tax Impact for Investors

The CBDT has notified IRFC's Ten-Year Zero Coupon Bonds under the Income Tax Act, potentially making the maturity proceeds tax-exempt under Section 10(15)(iv)(h). This offers a significant tax advantage for long-term investors compared to non-notified bonds.