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Series of Announcements are being made by the Govt after Urban poor, Migrant Workers, Self employed persons relief package on 14th May 2020 Series of Announcements are being made by the Govt after MSMEs packages on 13th May 2020. https://taxguru.in/finance/fm-nirmala-sitaramans-address-nation-13-05-2020-tax-announcements.html Focusing Today on Agriculture, fisheries, animal husbandry and allied activities India is the largest milk, […]
Changes and Reliefs in various sectors, taxation and Analysis of Finance Minister Speech on 20 lakhs crore relief package On 13.05.2020, PM Narendra Modi while addressing nation, announced 20 lakhs crore relief package to various sectors of the economy keeping in view the Aatam-nirbhar Bharat mission. Thereafter, FM Nirmala Sitharaman announced relief package which is […]
1. Introduction: NBFCs have been outsourcing various activities and are hence exposed to various risks as such as strategic risk, country risk, compliance risk, operational risk, legal risk etc. The outsourced activities are to be brought within regulatory purview to protect the interest of the customers of NBFCs and to ensure that the NBFC concerned […]
PM in his speech quoted ‘Jaanbhi, Jahan bhi’ amidst nation-wide lockdown due to COVID-19 pandemic. To make it possible the Hon’ble PM in his speech on 12.05.2020 proposed robust economic reforms for 20 trillion rupees which is roughly 10% of India’s GDP. Therefore, the FM announced the first part of continuous series of reforms on […]
Important Announcements made Under Atma-Nirbhar Abhiyan and Rahat Package by Finance Minister Dated 14.05.2020 MEASURES FOR LIQUIDITY SUPPORT TO FARMERS AND RURAL ECONOMY: 1. 63 lakh loans of Rs 86,600 crore approved in agriculture between March 1 and April 30 2. Refinancing of Rs 30,000 crore provided by NABARD to Rural Cooperative Banks and Regional […]
Analysis and suggestions on Relief Package announced by Union Finance Minister MS. Nirmala Sitharaman for MSMEs, Tax Payers and others through 15-Point Plan to Boost Indian Economy and further suggestion thereon
Presentation of details of Tranche 2 by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Direct Support to Farmers & Rural Economy provided post COVID 3 crore farmers with agricultural loans of Rs. 4.22 lakhs crore availed the benefit of 3 months […]
• Free food grains supply to Migrants for 2 months. • Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one Ration Card. • Scheme for Affordable Rental Housing Complexes for Migrant Workers and Urban Poor to be launched.
Before yesterday’s address of Honb’le Prime Minister Shri Narendra Modi ji, India was talking about the 1991 economic reform brought by then Finance Minister Dr. Manmohan Singh Ji, which created a new road map for Indian economy and India never looked back. At that time India was facing huge economic crises and the government was […]
1. Collateral Free Automatic Loan to MSME: No guarantee required. Period 4 Years. No principal repayment for 1 year. Scheme can be availed till 31st Oct 2020. 45 lakh units can resume business activity and safeguard jobs. Borrowers with up to Rs. 25 crore outstanding and Rs. 100 crore turnover eligible 2. Stressed MSME: Subordinate […]
