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Rs 150 coin to be out soon!

Last updated on: February 22, 2011 19:20 IST

Rs 150 coin to be out soon!

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Neelabh Srivastava in New Delhi

For the first time in the country's minting history, government will issue coins of Rs 150 denomination, marking the number of years of taxation in India.

Pics used for representative purpose.

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Image: Govt to issue new coins.

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The special coins, to be released by Finance Minister Pranab Mukherjee before his Budget speech, will also be brought out in Rs 5 denomination on completion of 150 years, from 1860 to 2010, of the Income Tax department.

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Image: Special coins to be released by Finance Minister.

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Rs 150 coin to be out soon!

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This is the first time that coins of Rs 150 denomination are being minted by the government. The Department of Economic Affairs under the Finance Ministry recently notified the order.

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Image: First time that coins of Rs 150 denomination are minted.

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The Rs 150 coin, made of an alloy of Silver, Copper, Nickel and Zinc, will have an international design with 'Satyameva Jayate' and 'India' on the front side while a portrait of 'Chanakya and lotus with honeybee' on the reverse side. The Rs 5 coins will also be minted in the same fashion.

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Image: Coins will have an international design.

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Rs 150 coin to be out soon!

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While 200 coins will be minted in Rs 150 denomination, 100 such coins of Rs 5 will be issued.

"The Income Tax department celebrated 150 years of taxation in the country last year and the these coins, especially the one in Rs 150 denomination will be minted for the first time," a senior I-T official said.


Image: More new coins soon.

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