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REC to raise $300-$500 million in Yen-denominated green bonds

"We plan to start roadshows in the second half of November to raise $300-500 million. The issuance will happen after that, depending on the response," said Vivek Kumar Dewangan, chairman and managing director, REC Ltd, adding that the company expects the coupon rate to be in the range of 6% compared to the company s overall borrowing cost of 7.23% ....

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How are bond investments reported in ITR?

An individual sold a flat and invested the taxable portion after indexation in REC bonds. LTCG must be reported in Schedule CG and any deduction claimed under Section 54EC in Part-D, serial no. 1 of Form ITR 2. TDS must also be reported in the tax payment schedule. ....

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