To allow more cash-in-hand of people so they could spend more, the government yesterday decided to reduce the employers’ and workers’ contribution to EPF. The revised percentage will be liable for three months. This will amount to liquidity support of Rs 6,750 crores and was one of the many steps announced to revive the economy...
Resting the speculations about Rs 2,000 note being called off, Finance Minister Nirmala Sitharaman has said that no such order has been issued at least as of now. This comes days after several reports claimed that the government has instructed the banks to either withdraw or recalibrate their ATMs to phase out Rs 2,000 notes....
The central government is all set to get the’ Vivad se Vishwas’ (from dispute to belive) bill passed in Loksabha. If you are wondering what the bill is all about then let me tell you its related to tax disputes. The Union Finance Minister Nirmala Sitharaman made the announcement of the scheme during her budget...
Amidst economic slowdown in the country, the Finance Minister of India, Nirmala Sitharaman, on Tuesday unveiled infrastructure projects worth Rs. 102 lakh crore for the next five years. Subsequently, infusing this money into infrastructure projects has been recommended by a high-level task force. Also Read: Kerala Becomes 1st State Assembly To Pass CAA Withdrawal Resolution...
Carrying on the exchange of words Finance Minister Nirmala Sitharaman on said that the present government is clearing the mess in the banking sector from the times of former RBI governor Raghu Ram Rajan and former PM Manmohan Singh. The minister who is on a visit to the U.S. said this while interacting with the...
In a press conference on Friday, the Finance Minister (FM) Nirmala Sitharaman announced a reduction in corporate tax to 22%. Now, the effective corporate tax rate after the cut would be around 25%. The FM also announced that the government has decided to reduce the corporate tax for new manufacturing firms to 15%. #CorporateTax rates...
In a landmark decision, #Cabinet approves proposal to ban all forms of e-cigarettes including Electronic Nicotine Delivery Systems, Heat Not Burn Products, e-Hookah & the like devices in the country with immediate effect.#SwasthaBharat #CabinetDecision #ecigarettes #vaping pic.twitter.com/0RhrZMcH0o — Ministry of Health (@MoHFW_INDIA) September 18, 2019 Talking about the cabinet’s decision in regards to the future...
Source With the economy going down sector by sector the Union Finance Minister (FM) Nirmala Sitharaman is expected to make important announcements for revival. The FM is expected to provide some sector-specific solutions for holistic revival of the current economic situation. Economic slowdown has become a major issue for the government in recent times. With...
In an attempt to aid the slowing Indian economy, the Reserve Bank Of India has decided to give Prime Minister Narendra Modi’s government Rs 1.76 lakh crore by way of dividends and transfer of its surplus cash reserves. The top bank on Monday declared that its central board has accepted the decision to transfer the...
