Home Business Jaitley ruled out giving income tax exemption to cooperative banks

Jaitley ruled out giving income tax exemption to cooperative banks

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(G.N.S) Dt. 29 New Delhi The government on Friday ruled out giving income tax exemption to profit-making cooperative banks saying they functioned like commercial banks and should be treated on par. Replying to a member’s query during Question Hour in Lok Sabha, Finance Minister Arun Jaitley said the cooperative banks

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