🔷 **IREDA Approved to Issue Capital Gains Tax-Exempt Bonds under Section 54EC**
📢 The **Indian Renewable Energy Development Agency Ltd. (IREDA)** has received approval from the **Central Board of Direct Taxes (CBDT)** to issue **Capital Gain Exemption Bonds** under **Section 54EC of the Income Tax Act, 1961**, effective **July 9, 2025**.
📝 **Key Highlights:**
▪️ **CBDT Notification**: No. 73/2025, dated 9th July 2025
▪️ **Instrument**: Long-term specified asset — Bonds redeemable after **5 years**
▪️ **Tax Benefit**: Eligible for **capital gains tax exemption** under Section 54EC
▪️ **Utilization of Funds**: Proceeds to fund viable **renewable energy projects** with **independent debt servicing** (not dependent on state governments)
📍This approval strengthens IREDA’s capital-raising capability while enabling investors to unlock **tax-saving opportunities** through a sustainable investment instrument.
🌱 A win for both green financing and long-term investors!
