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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.
Sources: Economic Times - Banking, Hindu, NDTV +13 more
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