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Financial Daily from THE HINDU group of publications Tuesday, May 01, 2001 |
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`Service tax will hit funding by banks, NBFCs'
NEW DELHI: The Associated Chambers of Commerce and Industry (Assocham) has said that the recent imposition of service tax on lease/hire-purchase transactions undertaken by banks and non-banking financial companies (NBFCs) will affect funding of infrastru
cture projects in the country. -- Our Bureau
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