PFC

PFC ALL SET TO LAUNCH ITS MAIDEN 54EC BOND ISSUE

Power Finance Corporation Ltd (PFC) has been allowed by Govt. to raise bonds eligible for capital gain tax exemption u/s 54EC of the Income Tax Act. Section 54EC provides that capital gain subject to a maximum of Rs. 50 lakhs arising from the transfer of a long term capital asset shall be exempt if the assesse invests the whole or any part of capital...

PSU

By Staff Reporter

Piyush Goyal releasing the ‘5th Annual Integrated Rating of State Power Distribution Utilities ’

Union Minister of State (I/C) for Power, Coal and New Renewable Energy, Piyush Goyal releasing the ‘5th Annual Integrated Rating of State Power Distribution Utilities ’ for the FY 2015-16 in the presence of (L to R) Arun Kumar, Secretary...

PSU

By Staff Reporter on May 8th, 2017

PFC receives‘ SCOPE Meritorious Award Gold Trophy for Good Corporate Governancefor the year 2014-15

Pranab Mukherjee,President of India, presenting the prestigious ‘SCOPE Meritorious Award Gold Trophy for Good Corporate Governance for the year 2014-15’ to Rajeev Sharma, CMD, Power Finance Corporation Ltd.Present on the occasion are Anant...

Featured PSU

By Staff Reporter on Apr 12th, 2017