NHAI Tax Free Bond – Issue open 17 Dec 2015 National Highway Authorities of India (NHAI) is coming out with a Tax Free, Secured, Redeemable bond issue face value 1000 each, aggregating to 10000Cr. (Issue close 31 Dec). Retail Portion Balance 800 Cr 24 Dec
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NHAI Tax Free Bond Issue Highlight –
NHAI Tax Free Bond Issue Structure
Cheque Details- Retail Investor :
Note : Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)[/wptabcontent] [wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About the Issuer -NHAI
National Highway Authority of India, an autonomous body under the Ministry of Road Transport & Highways, Govt of India, established under Section 3 of the NHAI Act, 1988 having perpetual succession and common seal. The object of NHAI as specified in NHAI Act permits it to undertake its existing activities as well as the activities for which the funds are being raised through the Issue. NHAI intends to deploy the Issue proceeds towards part financing of the various projects being implemented by NHAI under the NHDP and other National Highway project approved by the Govt of India. Benefit to Investor
- The Income by way of Interest on these Bonds is fully exempt from Income Tax as per provision under section 10(15)(iv)(h) of IT act.
- No TDS
- Capital Gain Benefit – Capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @ 20% with Indexation.
[/wptabcontent] [wptabtitle] Subscription Data[/wptabtitle] [wptabcontent] NHAI Tax Free Bond Subscription Data .
Retail Portion not subscribe Fully
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NHAI Tax Free Bond Allotment Details
NHAI Bond allotment process complete check your bank account for interest refund & D’mat for Allotment.
Note for Physical Bond Holder :
NHAI Tax Free Bond Basis of Allotment
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Call for Investment : Rajendra – 07719917444 Mail ID : email@example.com [/wptabs] Call for Investment : Rajendra – 077 1991 7444 Mail ID : firstname.lastname@example.org