 "Finance minister, FM, Nirmala Sitharaman")
TDS rate cut by 25%, ITR filing deadline extended till Nov 30
India will provide Rs 3 trillion worth collateral-free loans to small businesses for four years, said Finance Minister Nirmala Sitharaman on Wednesday as she gave details of a Rs 20-trillion package to support an economy battered by a weeks-long lockdown to contain the coronavirus pandemic. In all, the FM announced 15 measures, including a 25% cut in TDS and an extension of the ITR filing deadline till Nov 30. During the presser, Sitharaman also announced a one-time liquidity injection of Rs 90,000 cr for discoms. Read more
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