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Green energy push: CBDT classifies IREDA bonds as tax-saving investment

July 11, 2025

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The New Indian Express Tirupati

IN a bid to support renewable energy financing in the country, the Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified bonds issued by the Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as "long-term specified assets" under Section 54EC of the Income-tax Act, 1961.

- ENS ECONOMIC BUREAU @ New Delhi

The notification came into effect from July 9, 2025. This means that investors can now save tax on long-term capital gains by investing in IREDA bonds. Under Section 54EC, individuals can invest up to ₹50 lakh in such bonds within six months of earning long-term capital gains and claim a full tax exemption on those gains.

المزيد من القصص من The New Indian Express Tirupati

The New Indian Express Tirupati

HOLDING FABLE EMBARGO AS MIRROR

IN 1995, MIT Press published a book that nobody was meant to read in the ordinary way. It was the complete source code of Pretty Good Privacy, Phil Zimmermann’s encryption programme, set in machine-readable type across some 900 pages.

time to read

3 mins

June 20, 2026

The New Indian Express Tirupati

‘No mercy’: Yogi warns of tough action against culprits

CHIEF Minister Yogi Adityanath on Friday said the culprits linked to the alleged theft of Ram temple donation funds will ‘‘not be spared, whosoever they might be’’.

time to read

1 mins

June 20, 2026

The New Indian Express Tirupati

Mishra: Need to overhaul temple management

ADVOCATING restoration of the trust of Ram devotees as the foremost priority in the wake of the controversy over alleged donation swindling, Ayodhya temple construction committee chief Nripendra Mishra called for a complete overhaul of the temple management.

time to read

1 min

June 20, 2026

The New Indian Express Tirupati

Bickering in INDIA bloc after J’khand debacle

CPI(M-L) rubbishes Cong’s charge of cross-voting in RS elections

time to read

1 mins

June 20, 2026

The New Indian Express Tirupati

Paperless working systems for station masters soon

THE Indian Railways (IR) is considering introducing mobile app-based, paperless working systems for station masters and is developing an integrated Station Management System (SMS) to improve coordination among railway departments and ensure faster resolution of passenger-related issues.

time to read

1 min

June 20, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

C’garh govt will provide doorstep delivery of welfare schemes: CM

IN a push towards effective doorstep governance, the Chhattisgarh government announced the launch of ‘Sugghar Chhattisgarh’—a massive, tech-monitored campaign spanning 23 districts.

time to read

1 min

June 20, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

Shah asks for extensive use of tech for quick justice delivery to people

UNION Home Minister Amit Shah on Friday called for the extensive use of technology across the criminal justice chain—from investigation and prosecution to conviction —to ensure speedy and effective delivery of justice for citizens.

time to read

1 min

June 20, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

RONALDO JUST ANOTHER PLAYER?

Controversy erupts after Neves comment on legend; fans attack Portuguese players online

time to read

2 mins

June 20, 2026

The New Indian Express Tirupati

KERALA ADMITS FISCAL GAPS, DOES LITTLE TO BRIDGE THEM

THE budget presented by Kerala’s new UDF government is like an undercooked dish—it has all the ingredients, yet does not have the required flavour.

time to read

1 mins

June 20, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

World talking about youth power: PM

Will ensure all necessary support for young aspirations

time to read

2 mins

June 20, 2026

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