HDFC Bank Launches Deposits Under Capital Gains Accounts Scheme for Taxpayers
HDFC Bank has received government approval to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988, enabling taxpayers to deposit unutilised capital gains in savings accounts or fixed deposits for up to three years. This allows them to earn interest while retaining eligibility for tax exemptions under the Income-Tax Act. The scheme applies to urban and semi-urban branches, excluding rural areas, and covers capital gains from assets like residential properties and agricultural land.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (55/100). Lens Score 43/100.
Outlets measured: news18, economictimes, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–65/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 4 Nov, 12:20 pm. Other outlets followed.