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For IDBI Bank Buyer, Centre Plans Tax Waivers: Report

The government's planned tax waiver will allow a potential buyer to avoid the levy.(File)
The government's planned tax waiver will allow a potential buyer to avoid the levy.(File)
The government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a majority stake sale in the lender, two government sources said today, after the Centre extended the deadline for initial bids.
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