Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

Relief measures announced by Hon’ble Finance Minister, Smt. Nirmala Sitharaman, are in line with the industry expectations, looking forward to a financial package sooner than later : PHDCCI

Published on 26 March, 2020 at 10:42 am By

Various relief measures announced by Hon’ble Finance Minister, Smt. Nirmala Sitharaman, are in line with the industry expectations. These measures will go a long way to address the issue arisen from the Impact of Covid-19, said Dr D K Aggarwal, President, PHD Chamber of Commerce, in a press statement issued here today.

We appreciate the proactive and combative measures undertaken by the Hon’ble Minister for a sustained economic health, like extending the last date of filing the Income tax returns for the Financial Year 2018 – 19 to 30th June 2020, reducing the interest rate for delayed payments to 9% from 12% for delayed payments; extension provided to the Vivaad se Vishwas Scheme till the 30th June 2020 and no interest, penalty and late fee to be charged for companies with a turnover of less than Rs 5 crore, among others, said Dr Aggarwal

Going forward, we suggest  the government to provide a financial package which should support the businesses in terms of availability of liquidity, working capital and to meet up the maintenance of employment in their respective businesses,  said Dr Aggarwal.

 



(press release)

Advertisement

Latest Stories

30 Year Old Joselyn Cano Aka ‘Mexican Kim Kardashian’ Dies After Cosmetic surgery Gone Wrong

30 Year Old Joselyn Cano Aka ‘Mexican Kim Kardashian’ Dies After Cosmetic surgery Gone Wrong


Government Temporarily Suspends All Flights from UK Fears of New Covid Super-Spreader Strain

Government Temporarily Suspends All Flights from UK Fears of New Covid Super-Spreader Strain


Did You Know That Shahrukh Khan Once Removed Aishwarya Rai From Five Films?

Did You Know That Shahrukh Khan Once Removed Aishwarya Rai From Five Films?


Karan Johar Submits Reply to NCB After Receiving Notice on Party Video & You Don’t Want to Miss These Twitter Reactions

Karan Johar Submits Reply to NCB After Receiving Notice on Party Video & You Don’t Want to Miss These Twitter Reactions


Neha Kakkar is Pregnant After Two Months of Marriage & And This is How Twitterati Reacts

Neha Kakkar is Pregnant After Two Months of Marriage & And This is How Twitterati Reacts


Advertisement

Most Searched

More From News

Popular on The Web