Browsing Tag
Cooperative societies
Centre to launch ‘Sahara refund portal’ today for claim submission by depositors
Union home and cooperation minister Amit Shah will launch a ‘Sahara refund portal’ on Tuesday for submitting legitimate claims by depositors of four cooperative societies of Sahara Group whose money was stuck for many years. Union…
Agri budget: Major boost to rural economy through enhanced farm income
In a major boost to the rural economy through enhanced farm income, the government will set up a large number of multipurpose cooperative societies, primary fishery societies and dairy cooperative societies in uncovered panchayats and…
Cooperative Societies Now Included As Buyers on Government e-Marketplace; Know What It Means
In a move that will enable cooperative societies to access over 45 lakh vendors on a single platform, the government has approved the registration of cooperative societies as ‘Buyers’ on the Government e-Marketplace (GeM) platform. Through…
Budget 2022: Govt reduces alternate minimum tax for co-op societies. Details
Union Budget 2022: Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce the Alternate Minimum Tax (AMT) for cooperative societies from current 18.5% to 15% at par with private companies.…
cabinet: Cabinet committee on privatisation yet to take decision on two banks: Finance minister…
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the cabinet committee on privatisation is yet to take a decision with regard to divesting two public sector banks. The government had in Budget 2021-22 announced its intent to…
RBI Cautions Co-operative Societies Against Using Term “Bank”
<!-- -->RBI has cautioned co-operative societies against using the term "bank" in their namesReserve Bank of India (RBI) has cautioned people against co-operative societies which are using the word "bank" in their titles and accepting…