Tag: nirmala sitharaman
FM Sitharaman announces Stimulus to boost Demand in the Economy: Highlights
Finance Minister Nirmala Sitharaman addressed a press conference on economic issues at National Media Centre, New Delhi. In the press conference, the FM announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost the economy. She further announced a one-time Rs 10,000 interest-free festival advance to all its officers […]
Read moreFinance Minister launches instant allotment of e-PAN based on Aadhaar
The Finance Minister Nirmala Sitharaman has launched the facility for instant allotment of PAN (on near to real time basis). This facility was announced in the Union Budget 2020 by Finance Minister. Facility is available for those PAN applicants who: possess a valid Aadhaar number and have a mobile number registered with Aadhaar. The allotment […]
Read moreHighlights of Nirmala Sitharaman last part of economic package
Finance Minister Nirmala Sitharaman announced the fifth and last part of Centre’s Rs 20 lakh crore fiscal stimulus announced by Prime Minister. The first tranche included measures for small businesses, the second aimed at helping migrant workers and the third aimed at Agriculture, Farmers and Workers and the Fourth aimed at Structural Reforms. On 17th […]
Read moreNirmala Sitharaman Fourth part of Economic Package for Structural reforms in 8 sectors
On 16th may 2020, Finance Minister of India Nirmala Sitharaman announced the fourth part of economic package for the revival of Indian economy. Fourth part of Economic Package for Structural reforms in the following 8 sectors – Coal, Minerals, Defence production, Airspace management, Maintenance, repair and overhaul (MRO), Power distribution companies, Space sectors, Atomic energy […]
Read moreImportant Highlights of FM announcements for agriculture, hospitality and tourism
In continuation of Economic package announcement due to the spread of the COVID-19, Finance Minister (FM) Nirmala Sitharaman announced third part of package which provides special relief and credit support to agriculture, hospitality and tourism. Key highlights are as follows- 1. Important 11 measures initiatives includes: 11 booster shots for India’s farmers 8 relating to […]
Read more20 Major highlights – FM announcement of economic package for Small traders, worker, Self- employed people and farmers
Finance Minister Nirmala Sitharam announced second part of economic package on 14th May 2020 in the amidst of Corona virus. On 13th May 2020 FM Sitharaman Announced special relief and credit support to MSMEs. Today’s initiatives include a total of 9 measures: 3 related to Migrant workers 1 related to Street vendors Small traders Self- […]
Read moreFinance Minister Sitharaman major Announcements for special relief and credit support to economy
Honorable Prime Minister Shri Narendra Modi on 12th May, 2020 announced a Special Economic and Comprehensive Package of Rs 20 lakh Crores which is equivalent to 10% of India’s GDP. Finance Minister Nirmala Sitharaman detailed about the economic package on 12th May, 2020. Important Highlights of Finance Minister Economic Package are- 1. Rs 3 lakh […]
Read more30 important relaxation in various compliance matters announced by Nirmala Sitharaman
Due to rapidly increase of Corona Virus cases in the country, Finance Minister Nirmala Sitharaman made several announcement to stablise the economy which has been hit hard by COVID-19. Nirmala Sitharaman addressed the media at 2pm Tuesday. Here are the highlights from press conference:- Income Tax 1. FY 18-19: Last date of filling Income Tax […]
Read moreBreaking : Finance Minister announced extension in various tax compliance – Press Note
Income Tax Extend last date for income tax returns for (FY 18-19) from 31st March, 2020 to 30th June, 2020. Aadhaar-PAN linking date to be extended from 31st March, 2020 to 30th June, 2020. Vivad se Vishwas scheme – no additional 10% amount, if payment made by June 30, 2020. Due dates for issue of […]
Read moreApply for PAN on the basis of Aadhaar instantly
Central Board of Direct Taxes (CBDT) inserted new facility of PAN allotment on the basis of Aadhaar card. Finance Minister Nirmala Sitharaman announced this new facility apply for instant PAN in her speech of Union Budget 2020. Now, Instant PAN allotment in near to real time is available at free of cost. Individuals (other than […]
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