What is the salient features of a zero coupon issue done by any of the Indian company?
NABARD TO ISSUE ZERO COUPON BONDS Govt. of India has permitted NABARD to issue Zero Coupon Bonds (ZCBs) to the tune of Rs. 10,000 crore. The resources raised through this bond will be channelised for crucial priority areas of agriculture and rural development. The salient features of the bonds will be as under: - The bonds will be issued at discount and repaid at face value. The face value per bond will be Rs. 20,000/- - The tenure of the bonds will be 10 years. However, investors will have option to sell it in the secondary market. - The bonds will be listed in Bombay Stock Exchange (BSE) making it a liquid investment. - The income accrued on the bonds i.e. the difference between maturity value and the amount of investment, will be treated as a capital gain and will be taxed accordingly. - No tax will be deducted at source. - The long-term maturity will allow the investor to plan for long range goals such as paying for children's education/ marriage or post retirement requirements, etc.
1 person found this useful
prominet features, things that are noticable
how to bid for a iteam in bazee.com?
a pig with disabilaties
There are 25 basic features of Indian constitution Salient Features of our Constitution: The Constitution of India is a lengthy written document. It is flexible to some ex…tent. Its salient features can be understood from the following parts of the constitution: I. The Preamble II. The Articles (395 in number divided into 22 parts) III. The Schedules (12 in number in A.D. 2000) IV. The Appendix and V. The Amendments (83 in number in A.D. 2000)
Salient features refers to the traits that are conspicuous andprominent. These features will stand out from the rest and aresignificantly notable.
There have been fundamental and irreversible changes in the economy, government policies, outlook of business and industry, and in the mindset of the Indians in general. 1. …From a shortage economy of food and foreign exchange, India has now become a surplus one. 2. From an agro based economy it has emerged as a service oriented one. 3. From the low-growth of the past, the economy has become a high-growth one in the long-term. 4. After having been an aid recipient, India has now joined the aid givers club. India has become a net creditor to IMF, since July 2003. 5. Although India was late and slow in modernization of industry in general in the past, it is now a front-runner in the emerging Knowledge based New Economy. 6. The Government is pursuing reforms and liberalization not out of compulsion but out of conviction and consensus. 7. Indian companies are no longer afraid of Multinational Companies. They are becoming competitive and some of them are going global. 8. Fatalism and contentment of the Indian mindset have given way to optimism and ambition. Introspective and defensive approach has been replaced by outward-looking and confident attitude. 9. The Indian culture, which looked down upon wealth as a sin and believed in simple living and high thinking, has started recognizing prosperity and success as acceptable and necessary goals. 10. Graduates no longer queue up for safe government jobs. They prefer and enjoy the challenges and risks of becoming entrepreneurs and global players. Stable democracy and institutions 11. Largest democracy with stable, mature, vibrant and exemplary democratic governance and institutions. 12. Strong and transparent legal and accounting system. 13. Primacy of rule of law and independent judiciary. 14. Numerous watchful and proactive NGOs. 15. Free, vocal, alert and quality media. 5600...
Salient feature means "characteristic". Or you may interpret it as "notable feature".. e.g. The most salient feature of a bird is its wings.
\nNo way. Zero Skateboards is one of the most respected companies and brands in the industry. They also stand behind everything they make. If you ever have a problem with it, …any problems at all, they'll replace it! I've been riding Zero boards for 10 years and love them.
Salient Features of our Constitution: The Constitution of India is a lengthy written document. It is flexible to some extent. Itssalient features can be understood from the fo…llowing parts of theconstitution: 1. Preamble 2. Written Constitution 3. Longest Constitution 4. Partly Rigid, PartlyFlexible 5. Parliamentary Democracy 6. Role of Conventions 7. Federal Government with UnitaryBias 8. Fundamental Rights 9. Directive Principles of StatePolicy 10. An Independent and IntegratedJudiciary 11. Universal Franchise 12. Secularism 13. Single Citizenship 14. Fundamental Duties 15. Welfare State 16. Democratic System 17. A Federation 18. Parliamentary System ofGovernment 19. Supreme Judicial Council 20. Islamic Law 21. Restrictions to thePresident 22. Indirect Method ofElection 23. Unicameral Legislature 24. Presidential forum ofGovernment 25. Powers of President
Some of the salient features of Indian culture include common corevalues with respect for older people and those in charge. They alsohave a tendency to put education first bef…ore anything and parentswill try to get their children as educated as possible. They arealso a diverse people, but are still united.
Ownership rests with the seller until all the installments have been paid. It is an arrangement between seller and buyer of goods, normally consumer appliances, wherein the bu…yer agrees to pay the price over a period of time, in agreed installments, along with finance cost.
write a detail note on microsoft window write its salient features
The salient features of Indian banking sector is that it comprisescommercial and private banks. The commercial banks are made up ofscheduled and non-scheduled commercial banks….
Government Companies are formed to protect public interest, with noprofit motivation behind them. Though Government Companies havehuge employment potential, sometimes they bec…ome white elephants,thereby a drain of the public exchequer.
A zero coupon is, in a financial sense, a security which does notpay interest periodically.