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Kerala will amend cooperative Act, says Vasavan

Kerala will amend cooperative Act, says Vasavan
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Andaman and nicobar islandsOommen chandySunil kumarAp anil kumar congressAssembly onAr nagar service cooperative bankNa nellikkunnu indian union muslim leagueKaruvannur service cooperative bankRubco commissionKerala cooperative societiesKerala cooperative societies actLeft democratic frontUnited democratic frontReserve bankIndian union muslim leagueDeputy leader

All-party meet to discuss Cooperative Ministry formation

All-party meet to discuss Cooperative Ministry formation
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Ramesh chennithalaApplicable to cooperative societiesUnion ministry for cooperationKerala legislative assemblyKerala cooperative societiesUnion ministryBanking regulation actCooperative societiesKerala cooperative societies actKerala legislativeரமேஷ் சென்னிதலாபொருந்தும் க்கு கூட்டுறவு சமூகங்கள்கேரள சட்டமன்றம் சட்டசபைகேரள கூட்டுறவு சமூகங்கள்தொழிற்சங்கம் அமைச்சகம்வங்கி ஒழுங்குமுறை நாடகம்

SC upholds IT exemption for credit co-ops; NCUI hails verdict

N Satya Narayana, Chief Executive of the apex co-op body NCUI has welcomed the Supreme Court verdict on January 12 upholding income tax exemption under Section 80P for primary agricultural credit societies. Tweeting on the issue, Satya Narayan wrote “NCUI welcomes SC verdict on Jan 12 upholding IT exemption under Section 80 P for primary agricultural credit societies, except coop banks under RBI operating license–N Satya Narayana, CE, NCUI” The verdict, exempting credit societies and other primary societies from paying income tax, was delivered by a three-judge bench comprising justices R.F. Nariman, Naveen Sinha and K.M. Joseph. The SC ruling came on the Kerala High Court’s full bench verdict of March 2019.

Naveen sinhaSatya narayanKince vargheseN satya narayanaSupreme courtKerala high courtIncome tax departmentMavilayi service cooperative bankKerala cooperative societiesChief executiveKerala cooperative societies actReserve bankIncome taxSatya narayanaFrom statesநவீன் சீன்ஹா

IT exemption for cooperative societies widely welcomed

IT exemption for cooperative societies widely welcomed Updated: Updated: ‘The ruling has saved over 90% of cooperatives from closure’ Share Article ‘The ruling has saved over 90% of cooperatives from closure’ The Supreme Court verdict on January 12 upholding income tax exemption under Section 80P for primary agricultural credit societies has widely been welcomed. “The verdict has saved more than 90% of cooperatives from closure. These primary institutions will benefit from the verdict,” said Kince Varghese, secretary, Mavilayi Service Cooperative Bank, Kannur, on Wednesday. The verdict, exempting credit societies and other primary societies from paying income tax, was delivered by a three-judge bench comprising justices R.F. Nariman, Naveen Sinha and K.M. Joseph. The SC ruling came on a Kerala High Court full bench verdict of March 2019, said Mr. Varghese.

Naveen sinhaKince vargheseCochin chamberSupreme courtKerala high courtMavilayi service cooperative bankKerala cooperative societiesKerala cooperative societies actReserve bankAgricultural credit societies in kerala cochin chamber of commerceநவீன் சீன்ஹாகொச்சின் அறைஉச்ச நீதிமன்றம்கேரள உயர் நீதிமன்றம்மாவிலாயி சேவை கூட்டுறவு வங்கிகேரள கூட்டுறவு சமூகங்கள்