National Executive Committee Resolution: Appreciation of efforts made by PM Narendra Modi ji and FM Nirmala Sitharaman ji
Resolution No 1 of the Executive Committee Meeting dated 27th and 28th February 2021 held at NCUI, Delhi.
Sub: Appreciation of efforts made by the Hon'ble Prime Minister, Shri Narendra Modi ji and Union Finance Minister, Hon'ble Nirmala Sitharaman ji for their encouraging steps for the Co-op Sector.
National Executive Committee of Sahakar Bharati resolves to extend heartfelt gratitude and appreciates Hon PM Shri Narendra Modi ji & Union Finance Minister, Smt Nirmala Sitharaman ji for their supportive steps to boost and encourage the Coop Sector.
"It is resolved that,
Increase in Deposit Insurance Coverage from Rs 1 Lakh to Rs 5 Lakhs.
Reduction of Income Tax rates for Coops from 30% to 22% U/S 115 BAD of the IT Act.
Amendments in the Banking Resolution Act to strength...