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UP to have network of storage facilities for farmers

In a major attempt to save crops from going to waste and increase the income of farmers, the Uttar Pradesh government has decided to establish a network of godown and cold storages in every district across the state.According to the plan, the .

Kerala Budget: FM announces Rs 20,000 cr COVID package, Rs 1,500 cr for free vaccination

Thiruvananthapuram (Kerala) [India], June 4 (ANI): Kerala Finance Minister KN Balagopal on Friday announced a second COVID-19 financial package of Rs 20,000 crore in his maiden budget of the new Left Democratic Front (LDF) government.

Sahakar Bharati seeks Sec 80C benefit for term deposits of 5 years and above with UCBs

Sahakar Bharati seeks Sec 80C benefit for term deposits of 5 years and above with UCBs January 30, 2021 Satish Kashinath Marathe, Director, Central Board of Reserve Bank of India   -  PAUL NORONHA× ‘All financially-sound, well-managed UCBs be allowed to open Sukanya Samriddhi Account’ Term deposits of five years and above placed with all Urban Co-operative Banks (UCBs) should be considered as investments eligible for deduction under Section 80C of the Income-Tax Act, according to Sahakar Bharati. Currently, under the term deposit category, only deposits placed with a Scheduled Bank for a fixed period of not less than five years are eligible for the aforementioned deduction.

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