Ireda bonds get tax exemption: Centre grants Section 54EC status to support green energy; move to ease capital gains burden on investors
Thursday, 10 July 2025 () The government has granted tax benefits to bonds issued by the Indian Renewable Energy Development Agency. Investors can now claim capital gains tax exemptions by investing in these bonds. This move aims to boost low-cost fundraising for renewable energy projects. The proceeds will fund projects capable of servicing debt independently.
A massive new tax and spending bill, championed by Donald Trump as his "big, beautiful bill," has cleared major congressional hurdles and is now facing a final, contentious vote. The legislation..
President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal..