Benchmark market indexes Sensex and Nifty have hit a fresh record high on Friday. Stock market analysts remain bullish about the future and are certain that the growth momentum will continue without any disruption. Here's how investors are gaining due to the strong rally.
Jijau Commercial Co-op Bank awaits VIPs to launch its headquarters
UCB floated novel scheme for Covid victims; gives Rs 10k to kin
Maharashtra based Jijau Commercial Cooperative Bank, which grabbed media headlines when it floated a member-friendly scheme of helping Covid victims by offering their kin a sum of Rs 10,000, is waiting for a VIP to inaugurate its new building.
The UCB has shifted its head office to a new location at its own premises in Amravati and at present its management is busy finding VIPs for inaugurating the office next month.
Talking about the novel idea of helping its members in tough Covid times, Jijau Commercial Cooperative Bank’s Chairman Avinash A Kothale said “We have made a budget of Rs 2.5 lakh, if there is a need we will extend it”.
Union Finance Minister Nirmala Sitharaman on Sunday in a series of tweets responded to West Bengal Chief Minister Mamata Banerjee after the latter wrote to the Centre seeking exemption from GST/customs and other duties, taxes on some items including Covid related drugs.
Exempting Covid vaccine from GST would be counterproductive: FM Sitharaman to Bengal CM
Exempting Covid vaccine from GST would be counterproductive: FM Sitharaman to Bengal CM
Union Finance Minister Nirmala Sitharaman has responded to a letter West Bengal CM Mamata Banerjee wrote to PM Narendra Modi. Exempting Covid-19 vaccines from GST would be counterproductive, said the FM.
advertisement
UPDATED: May 10, 2021 00:52 IST
File photos of West Bengal CM Mamata Banerjee and Union Finance Minister Nirmala Sitharaman (Photo Credits: PTI)
HIGHLIGHTS
Government paying GST to itself is a disappointing argument: Mahua Moitra
GST at rates varying from 5% to 12% is applicable to domestic supplies, commercial import of these items: FM