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Govt postpones withholding tax on NRI deposits

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Old 26th August 2004, 04:41 PM
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Default Govt postpones withholding tax on NRI deposits

Govt postpones withholding tax on NRI deposits

The government has decided to postpone a tax on deposits from Indian expatriates to April 1, 2005, the finance minister said on Thursday.

Palaniappan Chidambaram said the decision to tax aircraft leasing had also been postponed to the same date.
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