Finance : The government has executed a re-think on the outstanding GST compensation issues by announcing intent to borrow itself under the ...
Fema / RBI : After discontinuing its 7.75% fixed interest rate bonds on 28th May 2020, the RBI has come out with new ‘Floating rate sav...
Fema / RBI : Government of India has decided to launch Floating Rate Savings Bonds 2020 (Taxable) scheme, with effect from July 01, 2020 in ter...
Fema / RBI : The Government of India, hereby notifies the issue of Floating Rate Savings Bonds, 2020 (Taxable); Short Name – FRSB, 2020(T) w...
The government has executed a re-think on the outstanding GST compensation issues by announcing intent to borrow itself under the Option 1 amount of INR 1,10,000 crores and allocating this to states as loans. It may be remembered that earlier the center had apparently insisted that, while it will ‘facilitate’ the borrowing for states, it will not borrow the amount itself.
After discontinuing its 7.75% fixed interest rate bonds on 28th May 2020, the RBI has come out with new ‘Floating rate savings bonds‘ on 26th June 2020 which will be available from 1st July 2020. Article explains Who can buy RBI ‘Floating Rate Savings Bonds’ and nomination facility, Face Value, tenure and interest rate of […]
Government of India has decided to launch Floating Rate Savings Bonds 2020 (Taxable) scheme, with effect from July 01, 2020 in terms of GoI Notification F.No.4(10)-B(W&M)/2020 dated June 26, 2020.
The Government of India, hereby notifies the issue of Floating Rate Savings Bonds, 2020 (Taxable); Short Name – FRSB, 2020(T) with effect from July 1, 2020.