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As per Government of India, Ministry of Finance order No. F1/4/2012-RRB, dated 17 July 2014. The bank was sponsored by Bank of Maharashtra. The share capital of the bank was contributed by Government of India and during the administrative setup of the bank, one CGM and two general managers report to the chairman.
The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Maharashtra State Electricity Board Holding Company Ltd. 4th Floor, HSBC Bank Building, M.G.Road, Fort, Mumbai Mumbai City 400023 0222260838 MSEBHCL@gmail.com 8 Maharashtra Small Scale Industries Corporation Ltd. Krupanidhi, 9, Walchand Hirachand Marg, Ballard Estate Mumbai City 400001 22611121 mssidcmanagingdirector@gmail.com 9
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NEFT enables bank customers in India to transfer funds between any two NEFT-enabled bank accounts on a one-to-one basis. It is done via electronic messages. Unlike real-time gross settlement, fund transfers through the NEFT system do not occur in real-time basis. Previously, NEFT system settled fund transfers in hourly batches with 23 ...
The GST is imposed at variable rates on variable items. The rate of GST is 18% for soaps and 28% on washing detergents. GST on movie tickets is based on slabs, with 18% GST for tickets that cost less than ₹100 and 28% GST on tickets costing more than ₹100 and 28% on commercial vehicle and private and 5% on readymade clothes. [33]
Maharashtra State Financial Corporation (MSFC) is the term lending development financial institution in Maharashtra state in India. It provides finance to small and medium scale enterprises. It was set up by Government of Maharashtra in 1962. [1]