Notification u/s 2(112) of the Income Tax Act, 2025 r.w.r. 7(5)(b), (c) and 7(8) of the Income Tax Rule, 2026 in the case of the National Bank for Financing Infrastructure and Development

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-17072026-274589 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 3772] NEW DELHI, FRIDAY, JULY 17, 2026/ASHADHA 26, 1948 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th July, 2026 (INCOME TAX) No. 89 of 2026-CBDT S.O. 3936(E). In exercise of the powers conferred by section 2(112) of the Income-tax Act, 2025 (30 of 2025) read with rules 7(5)(b), (c) and 7(8) of the Income-tax Rules, 2026, the Central Government hereby specifies the bond with the following particulars as zero coupon bond for the purposes of section 2(112) of the said Act, namely :- +-----+------------------------------------------+------------------------------------------------------------------------+ | (a) | Name of the bond | Ten Year Zero Coupon Bond of the National Bank for | | | | Financing Infrastructure and Development | +-----+------------------------------------------+------------------------------------------------------------------------+ | (b) | Period of life of the bond | Ten years | +-----+------------------------------------------+------------------------------------------------------------------------+ | (c) | The time schedule for issue of the bond | To be issued on or before the 31st day of March, 2028 | +-----+------------------------------------------+------------------------------------------------------------------------+ | (d) | The amount to be paid on maturity or | Twenty thousand crore rupees. | | | redemption of the bond | | +-----+------------------------------------------+------------------------------------------------------------------------+ | (e) | The discount | Ten thousand two hundred and nighty six crore twelve lakh | | | | rupees. | +-----+------------------------------------------+------------------------------------------------------------------------+ | (f) | The number of bonds to be issued | Twenty lakh | +-----+------------------------------------------+------------------------------------------------------------------------+ 2. This notification shall be effective subject to the conditions that the National Bank for Financing Infrastructure and Development fulfills the conditions as specified in the Income-tax Act, 2025 and Income-tax Rules, 2026. [No. 89/2026/F. No. 164/1/2026-ITA-1] HARDEV SINGH, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.