Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. Finance Minister Nirmala Sitharaman will address a press conference today at 4pm. Nothing for them, not even their legitimate dues!On top of the falsehood in the name of financial relief, the centre is also misleading people. Join our There is nothing for the state govts which have been asking for funds, as they are at the forefront of fighting the pandemic. (3/4)Tax deduction at source is a means of collecting tax on income, dividends or asset sales, by requiring the payer to deduct tax due before paying the balance to the payee.In India, under the Indian Income Tax Act of 1961, income tax must be deducted at source as per the provisions of the Income Tax Act, 1961. They did not address the issues of joblessness and hunger. This is for those establishments which have over 100 employees, 90 percent of which earn below Rs 15,000 per month.EPFO scheme regulations will be amended because of the pandemic situation to allow non-refundable advance of 75 percent from their contingency fund, or three months wages, whichever is lower. It is tax that is to be deposited with the government periodically and the onus of the doing it on time lies with the deductor. The FM's address was just regurging and promotion of the government's economic policy over the last six years which had led to the economic crisis in the first place even before coronavirus," said CPI general secretary D Raja.The so-called 'package' by Modi govt is a farce. Under the scheme, investments will be made in both primary and secondary market transactions in investment grade debt paper of these institutions.This reduced rate of TDS (Tax deducted at source) and TCS (Tax collected at source) will be available for payment for contract, professional fees, interest, rent, dividend, commission and brokerage income.However, individuals are not required to deduct TDS when they make rent payments or pay fees to professionals like lawyers and doctors.TDS is an advance tax.
"All pending refunds of charitable trust, non-profit business, cooperatives and small partnerships, shall be issued immediately. This is completely insensitive to the existential crisis being faced by crores.The government says that this move will provide relief to 6.5 lakh establishments and will provide Rs 6,750 crore worth of liquidity over the next three months.Explaining the meaning of 'atmanirbhar' in different languages, Finance Minister The Prime Minister's announcement has evoked both appreciation and confusion among the people, he said.Sitharaman noted that these finance institutions are finding it difficult to raise money in debt markets and many institutions have not been able to take advantage of the recent relaxations given by the government and the Reserve Bank of India. For The Unorganised Sector Under PM Gareeb Kalyan Yojana.
All rights reserved.We are witnessing the pettiest form of politics from Modi govt. There is a welfare fund for building … Last, those under district mineral fund coverageWhen asked about where the schemes will be funded from, the Finance Minister said that at this stage the government is more concerned about reaching out to those who need help.“Will try helping those poor who do not have Jan Dhan bank accounts,” she added in response to a different question.The central government has directed the state government to utilise the mineral fund for supplementing all types of medical and screening activities necessary to fight the spread of coronavirus.There is a welfare fund for building and other construction workers. Finance Minister Nirmala Sitharaman addressed press conference on Thursday about Garib Kalyan Rojgar Abhiyan, a scheme aimed at providing employment to … (Photographer: T. Narayan/Bloomberg)Missing BloombergQuint's WhatsApp service? Bloomberg | Quint is a multiplatform, Indian business and financial news company. Due date of all I-T returns for FY19-20 from July 31, 2020 and October 31, 2020 extended till November 31, 2020. Government will give directions to state governments to utilise these funds to protect these workers from economic harm, Sitharaman said.The government of India will pay the EPF contripution of both employer and employee - 12 percent each - for the next three months. Date of assessments getting barred as of September 2020 is extended till December 2020. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences.Nirmala Sitharaman, India’s finance minister, speaks during a press conference in New Delhi. This covers doctors, nurses, paramedical staff, sanitation workers…all in such services.
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