From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.HDFC Bank to offer deposits under Capital Gains Accounts Scheme
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Shares of HDFC Bank, India's leading private sector bank, gained over 3 per cent on Thursday as the lender has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. Amid this, the stock opened with a gap at Rs 762.80, up 3.64 per cent. However, the…
— India TV
RSS excerpt
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will allow taxpayers to park unused capital gains in savings accounts or fixed deposits for up to three years while retaining eligibility for applicable tax exemptions…