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Monday, Mar 07, 2005
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Transaction tax issues

The proposed cash transaction tax is in the nature of adding insult to injury. As it is, the percentage of interest given by the banks on the eligible balances in savings accounts has dwindled.

This proposal, therefore, needs immediate withdrawal.

K.D. Viswanaathan

Coimbatore

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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