Central Government announces 10.5% tax-free Energy Bonds under Income-tax Act Section 10(15)(iv)(h) for registered bondholders.

The Central Government has specified 10.5% tax-free Indian Renewable Energy Development Agency Energy Bonds under section 10(15)(iv)(h) of the Income-tax Act, 1961. These bonds, Series IV, are valued at Rs. 1,000 each, totaling Rs. 90,99,20,000, with distinctive numbers from 01 to 909920, issued by the Indian Renewable Energy Development Agency Limited. The tax-free benefit is available only if bondholders register their names and holdings with the corporation.

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