Fiscal Incentives
No stamp duty levied:
(i) on an instrument executed by the co-operative society
(ii) on an instrument executed by a member in relation to business transacted with the society, in accordance with its rules.
No fee payable by any co-operative society under any enactment relating to registration dues, transcription or inscription fees, except on deed of transfer witnessing the transfer of a motor vehicle.
Dividend from a cooperative society is exempted from income tax.
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Free Audit services
Audit and supervision free of charge for co-operative societies whose turnover does not exceed Rs 10 million.
Education and training
Provision of education and training, especially in the field of co-operative management to members of co-operative societies.
Guidance and technical consultancy services
Guidance and technical consultancy services to co-operative organizations for the implementation of their plans and projects
