By: Express Web Desk | New Delhi | Updated: November 12, 2020 3:37:24 pm Nirmala Sitharaman, India’s finance minister, wears a protective mask while speaking during a press conference in New Delhi, India on Monday, October 5, 2020 (Photographer. T. Narayan / Bloomberg). FM Nirmala Sitharaman announcements: Finance Minister Nirmala …
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Global signals were weak on Friday. Asian pairs were trading at a loss, reflecting the movements made by their North American counterparts. Share market news today | Sensex, Nifty, stock prices LIVE: Sensex and Nifty began trading in the red for the second day in a row. S&P BSE Sensex …
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Once again, the government has relied on financial intermediaries in India to give a third boost to the economy that is already on the way to recovery. The Atmanirbhar Bharat 3.0 package announced on Thursday had 12 measures focused on generating employment, boosting manufacturing activity, helping rural recovery and improving …
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To create more jobs, Finance Minister Nirmala Sitharaman announced on Thursday a special subsidy plan: Aatma Nirbhar Bharat Rozgar Yojana. Under the scheme, those establishments that make new hires will receive a special EPF subsidy from the central government. The EPF statutory allowance will be awarded for a period of …
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Finance Minister Nirmala Sitharaman announced Atmanirbhar Bharat Rozgar Yojana on Thursday, aiming to incentivize the creation of new job opportunities during the economic recovery phase of Covid-19. The new scheme will benefit any new employee entering employment in EPFO registered establishments with monthly salaries below Rs 15,000. The new scheme …
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After several rounds of discussion, the government has almost finalized the next stimulus package, the source said, adding that the size of the stimulus could be much smaller than the previously announced amount of Rs 20 lakh crore. The government may announce the reintroduction of Pradhan Mantri Rojgar Protsahan Yojna …
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Estimated disbursement of ₹ 1.46 crore planned over the next five years. On Wednesday, the government unveiled a production-linked incentive scheme to encourage domestic manufacturing investment in ten more sectors, with an estimated outlay of about Rs 1.46 crore over the next five years. Also read: Apple suppliers can invest …
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India’s quest to become atmanirbhar (self-sufficient) is a “well-planned economic strategy” to turn the country into a global manufacturing powerhouse, Prime Minister Narendra Modi told 20 major global investors and invited them to be part of a “New India “in-the-making that would be free from old practices. “Today, India is …
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The government said on Tuesday that India’s growth story is intact despite the coronavirus disease (Covid-19) pandemic. The announcement was made by the Department of Economic Affairs (DEA), which reports to the Ministry of Finance. “India continues to see a rebound in the economy over the last few months since …
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The CBDT said the deadlines have been extended in order to “give taxpayers more time to file income tax returns.” To allow more time for taxpayers to file Income Tax Returns (ITR) for the 2019-20 financial year, the government has further extended the due date for filing Income Tax Returns. …
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