[ad_1] Union finance minister Nirmala Sitharaman will hold a review meeting with chief executives of state-run banks on Monday to discuss several issues as part of efforts to shore up the economy hit by the coronavirus pandemic. The meeting comes at a time when the Center is likely to roll …
Read More »FM Sitharaman will meet tomorrow with the heads of PSU banks to review the flow of credit
[ad_1] NEW DELHI : Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Monday to discuss various issues, including raising funds, as part of efforts to shore up the economy affected by the COVID-19 crisis. The meeting, to be held via video …
Read More »NRIs get tax relief for long stays in India
[ad_1] NEW DELHI: The Ministry of Finance announced on Friday relief for those who have had difficulties with the status of their residence in India under section 6 of the Law on Income Tax, 1961 due to the blockade and suspension of international flights due to the Covid-19 outbreak, as …
Read More »The closing period should not be counted to determine the residence status of the NRIs, foreigners: CBDT
[ad_1] NEW DELHI: By providing relief to NRIs and foreign nationals trapped in India due to the closure, the government said on Friday that its stay in the country during the period will not be for the purpose of determining its Residence permit for tax purposes. The national blockade since …
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