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PM CARES Fund: Rs 3,100 Crore Allocated For COVID-19 Relief Work; Details Here

indbadmin May 14, 2020
New Delhi: A total of Rs 3,100 crore from Prime Minister’s Citizen Assistance and Relief in Emergency Situations or PM CARES Fund have been allocated to fight the coronavirus crisis. According to PM Office, Rs 2,000 crore of the total…

Change In Dress Code For SC Judges, Lawyers Amid COVID-19 Pandemic

indbadmin May 14, 2020
New Delhi: Amid the COVID-19 crisis, the Supreme Court has decided to do away with jackets and long gowns for judges and lawyers during hearings via video conferencing. A formal notification in this regard was issued by the apex court on…

Atmanirbhar Bharat: Rs 45,000 Cr Package To Boost NBFCs With Low Rating, Says FM

indbadmin May 13, 2020
New Delhi: The government on Wednesday announced a Rs 45,000-crore stimulus package for the non-banking financial companies under Partial Credit Guarantee Scheme (PCGC). Many NBFCs have a low credit rating, and hence, this liquidity…

SC Likely To Curtail Summer Vacation To Compensate For Work Loss

indbadmin May 13, 2020
New Delhi: A Supreme Court bench headed by Justice L N Rao on Tuesday submitted a report to Chief Justice of India SA Bobde suggesting that the summer vacation of courts be curtailed to make up for the loss of work due to the…

Atmanirbhar Bharat: FM Announces Rs 3 Lakh Crore Bailout Package For MSMEs

indbadmin May 13, 2020
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday (May 13) announced Rs 3 lakh crore bailout package for the Micro Small And Medium Enterprises (MSMEs). The move will benefit about 45 lakh MSMEs across the country amid the…

Major Relief To Contractors: Govt Agencies To Partially Release Bank Guarantees

indbadmin May 13, 2020
New Delhi: In a major relief to contractors in the country, Union Finance Minister Nirmala Sitharaman announced that government agencies will partially release bank guarantees to contractors so that contracts are partially completed to ease…

Due Date For All Income Tax Returns Extended To Nov 30: Finance Minister

indbadmin May 13, 2020
Bhubaneswar: Finance Minister Nirmala Sitaraman on Wednesday (May 13) announced that the last date for filing income tax returns for FY 2019-20 has been extended from July 31, 2020, and  October 31, 2020 to November 30. 2020. Similarly,…

Vande Bharat Mission Phase 2: 30,000 Indians To Be Evacuated From 31 Countries

indbadmin May 13, 2020
New Delhi: The Union government announced on Wednesday that 30,000 Indians will be flown back from 31 countries in the second phase of Vande Bharat Mission. A total of 149 flights will be operated between May 16 and 22 to evacuate Indians…

Employees’ Take-Home Pay To Increase, EPFO Relief To Benefit 3 Lakh Companies: FM

indbadmin May 13, 2020
New Delhi: Finance Minister Nirmala Sitaraman on Wednesday (May 13) announced Rs 2500 lakh crore support for the Employee Provident Fund (EPF) to make way for more take-home salaries for employees and increase working capital for the…

Know What ‘Atmanirbhar Bharat’ Package Has For Discoms

indbadmin May 13, 2020
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced Rs. 90,000 crore liquidity injection for discoms under the Atmanirbhar Bharat Abhiyan, an economic stimulus package of Rs 20-lakh-crore (estimated at 10% of the GDP)…
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