The CG hereby specifies tax free bonds (Series XVIII) Secured Redeemable, Non-cumulative Tax-free bonds redeemable after 10 years with a put/call option at the end of 5th, 6th, 7th, 8th, and 9th year, carrying an interest of 8.20% per annum

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..... Redeemable, Non-cumulative Tax-free bonds redeemable after 10 years with a put/call option at the end of 5th, 6th, 7th, 8th, and 9th year, carrying an interest of 8.20% per annum Notification No. 38 of 2003, dt. 25th Feb., 2003 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government .....

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