A Time Warner Company. Under the scheme, investments will be made in both primary and secondary market transactions in investment grade debt paper of these institutions.This reduced rate of TDS (Tax deducted at source) and TCS (Tax collected at source) will be available for payment for contract, professional fees, interest, rent, dividend, commission and brokerage income.However, individuals are not required to deduct TDS when they make rent payments or pay fees to professionals like lawyers and doctors.TDS is an advance tax. ALL RIGHTS RESERVED. This would give them an additional Rs 4.28 lakh crore, said Union finance minister Nirmala Sitharaman, unveiling the Rs 20 lakh crore fiscal stimulus announced by Prime Minister to soften the blow of the coronavirus and the lockdown on the economy. News from Scottish Government. FM Sitharaman press conference HIGHLIGHTS: Govt says reforms showing impact CEA Krishnamurthy Subramanian said reform measures included corporate tax cuts to … This is to ensure that these workers find jobs in their home states................................. Advertisement ................................"Lost Rs 7,800 Crore Revenue Due To Tax Concessions," Says Centre: Highlights © COPYRIGHT NDTV CONVERGENCE LIMITED 2020.
"All pending refunds of charitable trust, non-profit business, cooperatives and small partnerships, shall be issued immediately. The FM has also said that the centre is in the process of preparing a financial package to deal with the situation caused by the deadly coronavirus which has affected businesses and livelihood to a great extent. Finance Minister Nirmala Sitharaman is set to hold a press conference at 2 pm today on statutory and regulatory compliance matters. In her last press conference, the FM announced that the last date for filing GST returns for March, April and May was extended to June 30. During the briefing, she said banks have been asked to increase public lending, which is a key step to boost the economy. The press conference comes after Speaker Nancy Pelosi (D-Calif.) said Tuesday she will open an impeachment inquiry regarding a July 25 call between Trump and … Nirmala Sitharaman announced the fifth tranche of Centre's Rs 20 lakh crore fiscal stimulus.Finance Minister Nirmala Sitharaman announced reforms in seven key areas,including MGNREGA, healthcare and education, ease of doing business, in the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. Read more (2/4)The Centre revised the definition of MSMEs to help more firms fall under its purview. The FM's address was just regurging and promotion of the government's economic policy over the last six years which had led to the economic crisis in the first place even before coronavirus," said CPI general secretary D Raja.The so-called 'package' by Modi govt is a farce. Finance Minister Nirmala Sitharaman during the press conference. The Finance Minister had on Saturday announced a number of structural reforms on Saturday in the coal, defence and civil aviation sector. Due date of all I-T returns for FY19-20 from July 31, 2020 and October 31, 2020 extended till November 31, 2020. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Sitharaman said banks are working with NBFCs to figure out … This has not come. Statement to Parliament given by the Minister for Further Education, Higher Education and Science Richard Lochhead: 'Coronavirus (COVID-19): Supporting Further and Higher Education'. We are allottting additional Rs 40,000 crore to this scheme for migrants who have gone back to their home states.
From both the PM and the FM we were expecting some immediate relief for the working class and the migrants. The states have been given nothing, no money transferred. All rights reserved.We are witnessing the pettiest form of politics from Modi govt. She also encouraged banks to lend more to MSMEs, which are considered the backbone of many Indian sectors. Date of assessments getting barred as of September 2020 is extended till December 2020. Nothing for them, not even their legitimate dues!On top of the falsehood in the name of financial relief, the centre is also misleading people.
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