Tag Archives: 20 Lakh Crores

Sitharaman announces ‘a nation, a ration card’ for migrants, loans for street vendors and farmers in the second tranche; key conclusions

[ad_1] Union Finance Minister Nirmala Sitharaman listed details of the second tranche of the Center’s special Rs 20-lakh-crore economic package on Thursday, which included nine measures for migrant workers, street vendors and small farmers, among others. At a press conference, Sitharaman announced an increase of Rs 70,000 crore for the …

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Nirmala Sitharaman says statutory PF contribution slashed to 10%; Center announces liquidity scheme for NBFCs

[ad_1] Coronavirus Outbreak Latest Updates: Finance Minister Nirmala Sitharaman announced that the statutory PF contribution is being reduced from 12 percent to 10 percent. Government to infuse Rs 50,000 crores liquidity by reducing rates of TDS, for non-salaried specified payments made to residents, and rates of Tax Collection at Source …

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