Dr Bhagwat Kisanrao Karad stated that the moratorium for the total period of six months up to 31st August 2020, was permitted in respect of all term loans (including agricultural term loans, retail and crop loans).
e-RUPI is a cashless and contactless instrument for digital payment. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
Shri Deepak Das, a 1986-batch Indian Civil Accounts Service officer, is appointed by the Government of India as the Controller General of Accounts, Department of Expenditure, Ministry of Finance, with effect from August 1, 2021.
CBDT has notified the omission of certain rules and forms including Rules 5A, 5AB, 6ABB, 12B, 12BA, 16D, 16DD, 16E, 16F, 18B, 18BB, 18BBA, 18DD, 18DDA, 20AB, 29AA, 29D, 37, 37E, 37F, 44A, 48, 123 and 124 via Income-tax (21st Amendment) Rules, 2021.
GoI has received Rs. 5,47,399 crore up to June 2021 comprising Rs. 4,12,680 crore os Tax Revenue, Rs. 1,27,317 crore of Non Tax Revenue and Rs. 7,402 crore of Non Debt Capital Receipts that includes Capital Receipts and Disinvestment Proceeds.
The WhatsApp forward claiming that the Finance Ministry is providing emergency cash where recipients will receive Rs. 1,30,000 per month for 6 months is FAKE. Kindly don't believe this message.
GoI has announced various relief measures for several sectors under the Aatma Nirbhar Bharat Abhiyan and has taken a number of initiatives to support the MSME Sector in the country, especially in the COVID-19 pandemic situation.
The COVID-19 epidemic has temporarily affected various sectors including the Micro, Small and Medium Enterprises in the country. Economic activities have contracted due to the strict lockdown measures imposed by the Government.
As of 14th July 2021 a total of 52,391 entities are recognized as startups by the Department for Promotion of Industry and Internal Trade and more than 5.7 lakh jobs have been reported by more than 50,000 startups.
As per the information received from RBI, the number of cases of frauds of Rs 500 crore and above reported by Public Sector Banks/ Indian Banks / Select Financial Institutions are 79 in 2019-20, 73 in 2020-21 and 13 in 2021-22 (up to 30th June 2021).
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)