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Sold A Property But Haven’t Reinvested The Gains? HDFC Bank’s New CGAS Facility Could Help You Save Tax

Sold A Property But Haven’t Reinvested The Gains? HDFC Bank’s New CGAS Facility Could Help You Save Tax
Photo: Free Press Journal · view original

Mumbai: HDFC Bank has received government approval to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988, giving taxpayers an option to park unused capital gains while retaining eligibility for applicable tax exemptions. The facility allows eligible taxpayers to deposit money in...

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