The special coins, to be released by Finance Minister Pranab Mukherjee before his Budget speech. For the first time in the country’s minting history, government will issue coins of Rs 150.
On the occasion of completion of 150 years, from 1860 to 2010, of the Income Tax department.
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.
While 200 coins will be minted in Rs 150 denomination, 100 such coins of Rs 5 will be issued.
200 coins will be issued with population of 1.1. billion!