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HDFC Bank Launches Capital Gains Deposit Scheme, Taxpayers Can Earn Interest & Claim Tax Exemption On Unused Gains

HDFC Bank Launches Capital Gains Deposit Scheme, Taxpayers Can Earn Interest & Claim Tax Exemption On Unused Gains
Photo: Free Press Journal · view original

Mumbai: HDFC Bank has received government authorisation to accept deposits under the Capital Gains Accounts Scheme (CGAS), 1988, allowing eligible taxpayers to earn interest while seeking tax exemption on capital gains that have not yet been reinvested. The facility will help individuals who sell...

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