Ministry of Finance Robust Digital Payment Infrastructure Enables Prompt Transfer of Cash Payment under Pradhan Mantri Garib Kalyan Package. A digital pipeline has been laid through linking of Jan-Dhan accounts as well as other accounts with the account holders’ mobile numbers and Aadhaar [Jan Dhan-Aadhaar-Mobile (JAM)]. This infrastructure pipeline is providing the necessary backbone for DBT… Read More »
Ministry of Finance Government provides relief for third party Motor Insurance & Health policy holders in the light of COVID-19 lockdown Date for renewal of health, motor insurance policies extended to April 21 Posted On: 02 APR 2020 The Government has provided relief for third party Motor Insurance & Health policy holders in the light… Read More »
Govt. notifies interest rate for Small Savings Schemes on quarterly basis with the approval of Finance Minister. The rate of interest first quarter of Financial Year 2020-21 have been announced wherein Govt. has reduced interest rate on various small savings schemes. vide F.No 1/4/2019 NS Dated 31.03.2020
RBI gives relief to Exporters I Export proceeds realization I CA Satbir Singh
RBI announces further measures for dealing with the COVID-19 pandemic Date : Apr 01, 2020 1. Extension of realisation period of export proceeds Presently value of the goods or software exports made by the exporters is required to be realized fully and repatriated to the country within a period of 9 months from the date of… Read More »
Ministry of Home Affairs Jammu and Kashmir Reorganisation (Adaptation of State Laws) Order, 2020 Posted On: 01 APR 2020 11:45AM by PIB Delhi Union Ministry for Home Affairs (MHA) has issued an order for adaptation and modification of State Laws specific to the erstwhile State of Jammu and Kashmir, to further facilitate the application of… Read More »
Ministry of Finance FREQUENTLY ASKED QUESTIONS : RBI Allowed Banks to Declare Moratorium on Term Loans Posted On: 01 APR 2020 12:35PM by PIB Delhi Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities.… Read More »
Ministry of Labour & Employment Union Labour Ministry notifies amendment in EPF Scheme to allow withdrawal of non-refundable advance by EPF members in the event of outbreak of pandemic EPFO directs its field offices to process claims promptly Posted On: 29 MAR 2020 Union Ministry of Labour and Employment has issued notification GSR 225(E) amending… Read More »
Withdrawal from PF permitted due to pandemic MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 27th March, 2020 G.S.R. 225(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the… Read More »
Ministry of Home Affairs Government of India issues Orders prescribing lockdown for containment of COVID-19 Epidemic in the country Posted On: 24 MAR 2020 9:10PM by PIB Delhi The COVID-19 epidemic has affected many countries and the World Health Organisation has declared it ‘Pandemic’. Government of India (GOI) has been taking several proactive preventive and… Read More »