The 53rd GST Council meeting was held on Saturday. Mrs.Nirmala Sitharaman Union Finance Minister presided over the meeting. “Our intent is to make GST assessees’ lives easier, simpler and less cumbersome… We are working towards less and less compliance,” Union finance minister Nirmala Sitharaman, chairperson of the body, told reporters after the council’s 53rd meeting…
The Sub-Group on Housing Finance for the Seventh Five Year Plan (1985-90) identified the non-availability of long-term finance to individual households on any significant scale as a major lacuna impeding the progress of the housing sector and recommended the setting up of a national-level institution. Although housing is primarily a State subject, the Central govt.…
Updated on 24.06.2024 The Banking Regulation Act, of 1949 is legislation in India that regulates all banking firms in India. Initially, the law applied only to banking companies. But, in 1965 it was amended to make it applicable to cooperative banks. The Banking Regulation (Amendment) Bill, 2020 amends the BR Act to expand RBI’s regulatory…