Centre Mulls Tax Relief for Banks on NPA Interest Income

Last updated: 11 June 2025 Follow on Google News

The Indian government is currently reviewing a proposal to amend the Income Tax Act to align the definition of Non-Performing Assets (NPAs) with that of the Reserve Bank of India (RBI)-a move that could significantly ease tax burdens for banks and financial institutions. As it stands, there is a ke

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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