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UP govt to start online loan fair for MSME sector from tomorrow
Updated : 6 years ago IST
Lucknow (Uttar Pradesh) [India], May 13 (ANI): Uttar Pradesh government will on Thursday start an online loan fair for the Micro, Small and Medium Enterprises (MSME) sector under which 36,000 business persons will get loan worth Rs 1,600 to Rs 2,000 crores, said Chief Minister Yogi Aditya
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Govt announces Rs 50,000 crore liquidity through TDS/TCS rate reduction
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): To provide more funds at the disposal of taxpayers, the government on Wednesday reduced rates of tax deduction at source (TDS) for non-salaried specified payments made to residents by 25 per cent of existing rates.
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Sitharaman announces Rs 30,000 crore special liquidity scheme for NBFCs, M
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
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EPF contribution for private sector cut to 10 pc for three months
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): The government has reduced statutory Employees Provident Fund (EPF) contribution of private-sector employers and employees from current mandated 12 per cent to 10 per cent for the next three months.
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Govt announces Rs 3 lakh crore collateral-free automatic loans for MSMEs
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore.
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Centre announces Rs 3 lakh crore collateral-free automatic loans for busin
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loans for businesses, including MSMEs.
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Equity indices close 2 pc higher after announcement of Rs 20 lakh crore st
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): Equity benchmark indices closed over two per cent higher on Wednesday as Union Finance Minister Nirmala Sitharaman readied to unveil details of the Rs 20 lakh crore economic stimulus package.
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Swadeshi Jagran Manch lends support to PM Modi's self-Reliant India Missio
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): The Swadeshi Jagran Manch (SJM) has lent its support to Prime Minister Narendra Modi's call for "Self-Reliant India Mission" and stated that the call vindicates the SJM's 30 years of struggle to see India economically independent and self-reliant.
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Nirmala Sitharaman to address press conference at 4 pm today
Updated : 6 years, 1 month ago IST
New Delhi [India], May 13 (ANI): Union Finance Minister Nirmala Sitharaman will address a press conference in New Delhi at 4 pm on Wednesday.
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FICCI warns of massive job losses, calls for 4 to 5 pc of GDP in stimulus
Updated : 6 years, 1 month ago IST
New Delhi [India], May 11 (ANI): There is a critical and immediate need for a significant stimulus of Rs 9 lakh crore to 10 lakh crore or four to five per cent of the GDP to stimulate demand and supply for averting a long-term economic slowdown, the Federation of Indian Chambers of Commer
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Finance Ministry announces relief for NRIs on residency status amid loc
Updated : 6 years, 1 month ago IST
New Delhi [India], May 8 (ANI): The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have
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FM Sitharaman launches INR-USD F&O contracts on BSE, NSE
Updated : 6 years, 1 month ago IST
New Delhi [India], May 8 (ANI): Finance Minister Nirmala Sitaraman on Friday launched INR-USD futures and options contracts on the two international exchanges BSE's India INX and NSE's NSE-IFSC at GIFT International Financial Services Centre in Gandhinagar through video conference.
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