Extracts of FM’s Press Conference held today
42crs a/c money trfr into DBT
Loss in each sector - aviation 25k crs,
1. Collateral free loan, 3Lcr loan to MSME
45L MSME Benifits
Upto 100cr t/o msme benefited
One+4yrs loan tenure
Call emergency credit line
2. For stressed msme-
42crs a/c money trfr into DBT
Loss in each sector - aviation 25k crs,
1. Collateral free loan, 3Lcr loan to MSME
45L MSME Benifits
Upto 100cr t/o msme benefited
One+4yrs loan tenure
Call emergency credit line
2. For stressed msme-
20k crs 2L MSME, NPA or Stressed elligible,
3. Fund of Funds
50k cr equity infusion
Vaible business growth potential MSME
Get listed in mkt eventual
4. Definition of MSME -
investment limit enhance
Additional criteria T/O
Differentiation Service & Mfrg dropped
Micro unit .
3. Fund of Funds
50k cr equity infusion
Vaible business growth potential MSME
Get listed in mkt eventual
4. Definition of MSME -
investment limit enhance
Additional criteria T/O
Differentiation Service & Mfrg dropped
Micro unit .
1cr investment upto t/o 5cr
SS industry inv 10 cr , t/o 50cr
Med industry inv 20cr t/o 100cr
5. Govt procurement 200crs no longer global tenders
6. Tradefares difficult; eMarket access provide, within 45 days all receivables expedite, CPSE & Govt
7. EPF -
Liquidity relief
SS industry inv 10 cr , t/o 50cr
Med industry inv 20cr t/o 100cr
5. Govt procurement 200crs no longer global tenders
6. Tradefares difficult; eMarket access provide, within 45 days all receivables expedite, CPSE & Govt
7. EPF -
Liquidity relief
12% + 12% 3month goi made pymt extended upto Sep
2.5k crs, 72.2L employees benefitted; definition 100employee earning upto 15k pm
EPF - more take home pay, statutary pf contribution of both employer & employees only 10% from 12%; employees may give 10% in CPSEs
NBFCs -
30K
2.5k crs, 72.2L employees benefitted; definition 100employee earning upto 15k pm
EPF - more take home pay, statutary pf contribution of both employer & employees only 10% from 12%; employees may give 10% in CPSEs
NBFCs -
30K
specifical liquidity debt papers investment quality NBFCs; guaranteed by goi - debt papers;
NBFC -
45K crs first 20% loss borne by GOI for micro finance institutions AA or below Paper
Discoms - thru PFC and RECs
90k crs, to discoms against receivables, guaranteed by states,
NBFC -
45K crs first 20% loss borne by GOI for micro finance institutions AA or below Paper
Discoms - thru PFC and RECs
90k crs, to discoms against receivables, guaranteed by states,
CPSGENCOS to discoms who passon the benefit to customers
GOI upto 6months extension to contract no LD for completion of milestone or concession period; partially release bank guarantee to the extent of completed works
RE
UDM advisory to States, CV19 as FM for execution of proj
GOI upto 6months extension to contract no LD for completion of milestone or concession period; partially release bank guarantee to the extent of completed works
RE
UDM advisory to States, CV19 as FM for execution of proj
ect , extend the complition date, registration dates, etc
TDS/ TCS till 31st March 2021 tomorrow onwards 25% reduction;
Direct Tax, all refunds to individuals cheritable, proprietor, individuals immediately
IT returns extended to 30th Nov 2020. Audit 31st Oct
Date of Assessm
TDS/ TCS till 31st March 2021 tomorrow onwards 25% reduction;
Direct Tax, all refunds to individuals cheritable, proprietor, individuals immediately
IT returns extended to 30th Nov 2020. Audit 31st Oct
Date of Assessm
ent barred as on 30th Sep to 31st Dec ; 31st Mar '21 to 30Sep'21.
@threadreaderapp unroll
