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Tag: Nirmala Sitharaman

TDS relief for those with rental or interest income, not for salaried or NRI taxpayers
Business / News Update

TDS relief for those with rental or interest income, not for salaried or NRI taxpayers

May 14, 2020 - by IANS

New Delhi: The reduction in tax deduction at source (TDS) and tax collection at source (TCS) will benefit self employed, professionals and senior citizens with sources of rental or interest income …

TDS relief for those with rental or interest income, not for salaried or NRI taxpayers Read More
Puzzled by CEA celebrating current account surplus: Chidambaram
National / News Update

Nothing for migrants in FM’s announcement: Chidambaram

May 13, 2020 - by IANS

New Delhi: After Finance Minister Nirmala Sitharaman, here on Wednesday, announced economic measures as promised by Prime Minister Narendra Modi on Tuesday, the Congress criticised the package and said there was …

Nothing for migrants in FM’s announcement: Chidambaram Read More
Business / National / News Update

Centre to provide Rs 2,500 cr EPF support for businesses, workers

May 13, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman said on Wednesday that the Centre will provide Rs 2,500 crore EPF support for businesses, workers for three more months. The scheme was provided earlier …

Centre to provide Rs 2,500 cr EPF support for businesses, workers Read More
National / News Update

Focus of package is debt creation, not demand creation: Cong

May 13, 2020 - by IANS

New Delhi: After Finance Minister Nirmala Sitharaman announced a slew of measures for MSME sector, Discoms, contractors and EPF, the Congress said the focus of the economic package is “debt creation” …

Focus of package is debt creation, not demand creation: Cong Read More
Business / National / Special

Rs 30,000 cr special liquidity scheme for NBFCs, HFCs and MFIs

May 13, 2020May 13, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs). Speaking to …

Rs 30,000 cr special liquidity scheme for NBFCs, HFCs and MFIs Read More
National / News Update

Centre widens definition of MSMEs, raises investment limits

May 13, 2020 - by IANS

New Delhi: In a major move to benefit several businesses in the country, the Centre has decided to review the definition of micro, small and medium enterprises (MSME) and announced increase …

Centre widens definition of MSMEs, raises investment limits Read More
National / News Update

Rs 3 lakh cr collateral free automatic loan for MSMEs

May 13, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses including MSMEs up to Rs 3 lakh crore. Under the measure, borrowers with up to Rs …

Rs 3 lakh cr collateral free automatic loan for MSMEs Read More
FM: Loan sanctions jump to Rs 5.95 cr in just over 2 months
National / News Update

FM: Loan sanctions jump to Rs 5.95 cr in just over 2 months

May 12, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the public sector banks (PSB) sanctioned Rs 5.95 crore in just over two months, between March 1 and May 8, to over …

FM: Loan sanctions jump to Rs 5.95 cr in just over 2 months Read More
National / News Update

Economy set to revive as PSBs sanction Rs 5 lakh cr loans in Mar-Apr: FM

May 7, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said that the Indian economy is poised to recover from the recent crisis brought upon by the coronavirus pandemic with the public sector …

Economy set to revive as PSBs sanction Rs 5 lakh cr loans in Mar-Apr: FM Read More
National / News Update

Sitharaman to discuss states’ financial issues with FMs

April 20, 2020 - by IANS

Guwahati: Union Finance Minister Nirmala Sitharaman would soon discuss the states’ financial affairs with their Finance Ministers through video link, Assam’s Finance and Health Minister Himanta Biswa Sarma said here on …

Sitharaman to discuss states’ financial issues with FMs Read More

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