Ahead of Budget, SBI chief calls for taxation parity between bank deposits, equity bets

SBI chairman C S Setty calls for equal tax treatment on returns from equity investments and bank deposits. He believes this will create a level playing field for financial savings. A banking official also requests an extension of the tax holiday for income earned in Gujarat's GIFT City. This move aims to boost activity in India's International Financial Services Centre.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/EmgQvO8
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