Tag Archives: Covid-19 outbreak

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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Narendra Modi says there will be new rules for 4.0 lockout soon, and announces the 20-rupee lakh crore rupee package for India “self-sufficient” key conclusions

[ad_1] Prime Minister Narendra Modi announced a special economic package and stressed the need for a “aatmanirbhar (self-sufficient) “India in her fifth speech to the nation about the coronavirus pandemic on Tuesday. In his speech, which came to the end of the third national blockade due to the coronavirus, the …

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The Center disburses almost Rs 6,200 cr to 14 states according to the instructions of the 15th Finance Commission

[ad_1] Coronavirus outbreak LAST updates: The government released Rs 6,195.08 crore to 14 states as the second equivalent monthly installment of the Revenue Deficit Grant after Repayment on Monday. “This would provide them with additional resources during the coronavirus crisis,” the finance ministry said in a statement Monday. The grant …

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