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HUDCO SEEKS TO FLOAT CAPITAL GAINS TAX-FREE BONDS (planning to seek the approval of the Finance Ministry, Government of India, in this regard).

India Business Insight

| March 18, 2002 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Housing and Urban Development Corporation (Hudco), a Government of India owned housing and infrastructure lending institution, intends to float capital gains tax-free bonds. It is planning to seek the approval of the Finance Ministry, Government of India, in this regard. At present only the National Highways Authority of India, National Bank of Agriculture and Rural Development and the Rural …

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