Monday, June 27, 2022
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Editorial Policy
  • Our Team
  • Privacy Policy
Logo We Use On The Thus
  • Contact Us
  • Home
  • Business
    • All
    • Careers
    • Education
    business plans

    8 Simple Tips to Build a Booming Business Plan

    Understanding the Role of a Project Manager in an Agile Environment

    Understanding the Role of a Project Manager in an Agile Environment

    uk visa

    New UK Visas for Tech Talents

    Installing Acoustic Panels

    Benefits Of Installing Acoustic Panels In Your Business Premises

    • Careers
    • Education
  • Lifestyle
    • All
    • Food
    • Health
    • Home Decor
    • Most Expensive
    • Relationships
    • Travel
    Mega Clean

    How a Mega Clean Detox Works for Full Body Cleansing

    Get Help With Addiction in Grand Junction Today

    Get Help With Addiction in Grand Junction Today

    Better Life in 2022

    What States Offer a Better Life in 2022?

    Anxiety

    Why Herbal Remedies for Anxiety Actually Work

    • Fashion
      • All
      • Beauty
      • Jewellery
      • Shopping
      • Style
      While Shopping Online

      Precautions to Take While Shopping Online

      Collar Bone Tattoos For Men

      Collar Bone Tattoos For Men: The Inspiration You Need For Your Next Great Collarbone Tattoo

      Forearm Tattoos For Women

      Forearm Tattoos For Women: Inspiration You Need For Your Next Unforgettable Piece

      Cute Nail Designs

      Cute Nail Designs: Nail Art Trends to Try This Year

      • Beauty
      • Jewellery
      • Shopping
      • Style
    • Food
    • Health
    • Home Decor
    • Most Expensive
    • Relationships
    • Travel
  • News
    • Entertainment
      • All
      • Bollywood
      • Hollywood
      • Humor
      • People
      • Television
      college party

      What Should You Do To Stay Safe on a College Campus?

      Hottest Female Politicians

      Hottest Female Politicians Of India

      5 Most Handsome Men in the World

      Most Handsome Men in the World: Todays Hardworking and Smart Guys

      Doria Ragland

      Prince Harry and Meghan Markle want to find a House with a Room for Doria Ragland

      • Bollywood
      • Hollywood
      • Humor
      • People
      • Television
    • Top Stories
      • All
      • Science
      • Social
      Why You Should Choose Eco-Friendly Bottles over the Plastic

      The Reason For Choosing Eco-Friendly Bottles 0ver The Plastic

      Instagram Marketing Tips for Business

      6 Must-Have Marketing Tips On Instagram For Business

      vacationer attraction below lockdown

      ‘Now there may be no one’: dwelling in a vacationer attraction below lockdown

      headteachers say

      Coronavirus in the UK: Schools may reopen after half term summer in June, headteachers say

      • Science
      • Social
    • Trending
  • Sports
    Best NFL Players

    The Best NFL Players Of All Time

    The Undertaker

    The Undertaker Reveals If WWE Will Do One other Boneyard Match

    WWE Release

    WWE Releases a Assertion on Why Reside Tv Episodes Will Proceed Throughout Coronavirus Pandemic

    Government to immediately issue Rs 70,000 crore to public sector banks

    Government to immediately issue Rs 70,000 crore to public sector banks

  • Technology
    • All
    • Auto
    • Design
    • Gadgets
    • Games
    Understanding the Benefits of Mobile App Development and the Requirements Planning Process

    Understanding the Benefits of Mobile App Development and the Requirements Planning Process

    Internet Stuttering

    What Causes Internet Stuttering and How to Fix it?

    IPsec VPNs vs. SSL VPNs

    IPsec VPNs vs. SSL VPNs: What are the Differences?

    Fixed Wireless Internet

    Fixed Wireless Internet vs Cable Internet

    • Auto
    • Design
    • Gadgets
    • Games
No Result
View All Result
  • Contact Us
  • Home
  • Business
    • All
    • Careers
    • Education
    business plans

    8 Simple Tips to Build a Booming Business Plan

    Understanding the Role of a Project Manager in an Agile Environment

    Understanding the Role of a Project Manager in an Agile Environment

    uk visa

    New UK Visas for Tech Talents

    Installing Acoustic Panels

    Benefits Of Installing Acoustic Panels In Your Business Premises

    • Careers
    • Education
  • Lifestyle
    • All
    • Food
    • Health
    • Home Decor
    • Most Expensive
    • Relationships
    • Travel
    Mega Clean

    How a Mega Clean Detox Works for Full Body Cleansing

    Get Help With Addiction in Grand Junction Today

    Get Help With Addiction in Grand Junction Today

    Better Life in 2022

    What States Offer a Better Life in 2022?

    Anxiety

    Why Herbal Remedies for Anxiety Actually Work

    • Fashion
      • All
      • Beauty
      • Jewellery
      • Shopping
      • Style
      While Shopping Online

      Precautions to Take While Shopping Online

      Collar Bone Tattoos For Men

      Collar Bone Tattoos For Men: The Inspiration You Need For Your Next Great Collarbone Tattoo

      Forearm Tattoos For Women

      Forearm Tattoos For Women: Inspiration You Need For Your Next Unforgettable Piece

      Cute Nail Designs

      Cute Nail Designs: Nail Art Trends to Try This Year

      • Beauty
      • Jewellery
      • Shopping
      • Style
    • Food
    • Health
    • Home Decor
    • Most Expensive
    • Relationships
    • Travel
  • News
    • Entertainment
      • All
      • Bollywood
      • Hollywood
      • Humor
      • People
      • Television
      college party

      What Should You Do To Stay Safe on a College Campus?

      Hottest Female Politicians

      Hottest Female Politicians Of India

      5 Most Handsome Men in the World

      Most Handsome Men in the World: Todays Hardworking and Smart Guys

      Doria Ragland

      Prince Harry and Meghan Markle want to find a House with a Room for Doria Ragland

      • Bollywood
      • Hollywood
      • Humor
      • People
      • Television
    • Top Stories
      • All
      • Science
      • Social
      Why You Should Choose Eco-Friendly Bottles over the Plastic

      The Reason For Choosing Eco-Friendly Bottles 0ver The Plastic

      Instagram Marketing Tips for Business

      6 Must-Have Marketing Tips On Instagram For Business

      vacationer attraction below lockdown

      ‘Now there may be no one’: dwelling in a vacationer attraction below lockdown

      headteachers say

      Coronavirus in the UK: Schools may reopen after half term summer in June, headteachers say

      • Science
      • Social
    • Trending
  • Sports
    Best NFL Players

    The Best NFL Players Of All Time

    The Undertaker

    The Undertaker Reveals If WWE Will Do One other Boneyard Match

    WWE Release

    WWE Releases a Assertion on Why Reside Tv Episodes Will Proceed Throughout Coronavirus Pandemic

    Government to immediately issue Rs 70,000 crore to public sector banks

    Government to immediately issue Rs 70,000 crore to public sector banks

  • Technology
    • All
    • Auto
    • Design
    • Gadgets
    • Games
    Understanding the Benefits of Mobile App Development and the Requirements Planning Process

    Understanding the Benefits of Mobile App Development and the Requirements Planning Process

    Internet Stuttering

    What Causes Internet Stuttering and How to Fix it?

    IPsec VPNs vs. SSL VPNs

    IPsec VPNs vs. SSL VPNs: What are the Differences?

    Fixed Wireless Internet

    Fixed Wireless Internet vs Cable Internet

    • Auto
    • Design
    • Gadgets
    • Games
No Result
View All Result
Logo We Use On The Thus
No Result
View All Result
Home Sports

Government to immediately issue Rs 70,000 crore to public sector banks

by Mukesh Kumawat
August 23, 2019
in Sports
0
Government to immediately issue Rs 70,000 crore to public sector banks

Image Source: The Indian Express

Share on FacebookShare on TwitterShare on Whatsapp

Finance Minister Nirmala Sitharaman has announced measures to revive economic growth and market. The Finance Minister said that the government would withdraw the enhanced surcharge on long-term / short-term capital gains arising from the transfer of equity shares/units for foreign and domestic investors. He also said that the GST regime would be further simplified and the government would release capital of Rs 70,000 crore to public sector banks to boost credit in various sectors of the economy.

The higher tax applies to individuals and FPIs earning more than Rs 2 crore, which led to a sharp decline in the Indian equity markets. FPI pulled out more than $ 1 billion from Indian markets in August.

Table of Contents

  • READ ALSO
  • The Best NFL Players Of All Time
  • The Undertaker Reveals If WWE Will Do One other Boneyard Match

READ ALSO

Best NFL Players

The Best NFL Players Of All Time

March 15, 2022
The Undertaker

The Undertaker Reveals If WWE Will Do One other Boneyard Match

April 12, 2020

Here are the key features of what the Finance Minister said:

The return of super-rich surcharge on FPIs, domestic investors will be for the entire financial year, and the withdrawal will cost the exchequer Rs 1,400 crore, the revenue secretary said

Govt withdraws enhanced surcharge on long-term/short-term capital gains arising from the transfer of equity shares/units

Govt withdraws enhanced tax surcharge on FPIs.

Withdrawal of angel tax provisions for startups and their investors

Public sector banks to get ₹70,000 crore recapitalization immediately. Additional lending and liquidity to the tune of ₹5 lakh crores can be made available by providing this capital for the PSBs

To encourage investment in the capital market, it has been decided to withdraw the enhanced surcharged levied by Finance (No. 2) Act, 2019 on long/short term capital gains arising from the transfer of equity shares/units referred in section 111A and 112A respectively.

To mitigate genuine difficulties of startups and their investors, it has been decided that Section 56(2) (viib) of the Income-Tax Act shall not apply to a startup registered with DPIIT.

It has also been decided to set up a dedicated cell under Member of CBDT for addressing the problems of startups. A startup having any income-tax issue can approach the cell for quick resolution of the same.

To reduce harassment and bring in greater efficiency, public sector bank to return of loan documents within 15 days of loan closure

Banks to make a home, auto loans cheaper

All pending GST refunds due to MSMEs till now shall be paid within 30 days from today.

Housing finance companies will now get an additional ₹20,000 crore from the NHB.

Govt departments told to replace old vehicles.

Banks have agreed to link repo rate to interest rate; this will cause reduced EMIs for housing and vehicle loans and other retail loans.

NBFC to be permitted to use Aadhaar-authenticated bank KYC to avoid repeated processes

Reform is a continuous process for the govt.

Income tax scrutiny will be faceless and randomized across the country from Vijayadashami

We are responsive, the momentum of reforms to continue.

Reform is a continuous process, and we’re treating it as a continuing endeavor

MCA to review Sections in Companies Act for CSR violations

GST regime to be simplified further

To meet GSTN officials soon to simplify the GST regime further.

Global GDP projected at 3.2% and it could be revised lower.

The US and Germany have seen an inversion of the yield curve

As a result of US-China trade war and currency devaluation, a very volatile situation has developed in global trade

India is well placed as compared to its peers.

Get the best of The Thus delivered to your inbox – subscribe to The Thus Newsletters. For the latest Breaking News and Top Stories follow The Thus on Facebook, Twitter, Instagram, and Pinterest and stay in the know with what’s happening in the world around you – in real-time.

ShareTweetSendSharePinShareSend
Mukesh Kumawat

Mukesh Kumawat

He has worked as a journalist for various print-based magazines for more than 5 years. He brings together substantial news pieces from the Education industry.

Related Posts

Best NFL Players
Sports

The Best NFL Players Of All Time

March 15, 2022
The Undertaker
Sports

The Undertaker Reveals If WWE Will Do One other Boneyard Match

April 12, 2020
WWE Release
Sports

WWE Releases a Assertion on Why Reside Tv Episodes Will Proceed Throughout Coronavirus Pandemic

April 12, 2020
WADA suspended India's National Dope Testing Laboratory
Sports

WADA suspended India’s National Dope Testing Laboratory

August 23, 2019
Hasan Ali is thankful to Indian girl Samiya Arzu after his marriage
Sports

Hasan Ali is thankful to Indian girl Samiya Arzu after his marriage

August 23, 2019
If Sindhu, Saina get straight entrance for world's, why not me ?: Mary questions BFI's selection policy
Sports

If Sindhu, Saina get straight entrance for world’s, why not me ?: Mary Kom questions BFI’s selection policy

August 23, 2019
WWE Superstar Seth Rollins says 'I'd love to perform in India
Sports

WWE Superstar Seth Rollins says ‘I’d love to perform in India

July 25, 2019
Top 10 Dangerous Deadly Games
Sports

Top 10 Dangerous Deadly Games That Can Get You Killed

April 15, 2019
The Top 10 Unusual Sports Games
Sports

You’ve Probably Never Heard Of The Top 10 Unusual Sports Games

January 25, 2019
Top Seven Best Cricketer Of All Time
Sports

Top Seven Best Cricketer Of All Time

November 9, 2018

Discussion about this post

POPULAR NEWS

swim

Types of Above Ground Pools

June 27, 2022
house

5 Quick & Easy Ways To Instantly Modernise An Older Condo

June 21, 2022
Sunshine

Best Florida Cities for Those Who Love the Sunshine

June 21, 2022
business plans

8 Simple Tips to Build a Booming Business Plan

June 20, 2022
Supplies

The Buying Guide to Shopping for Back to School Supplies

May 16, 2022
Understanding the Role of a Project Manager in an Agile Environment

Understanding the Role of a Project Manager in an Agile Environment

May 5, 2022
Mega Clean

How a Mega Clean Detox Works for Full Body Cleansing

May 3, 2022
uk visa

New UK Visas for Tech Talents

April 28, 2022
nightlife

How to enjoy the exciting nightlife of the city of Madrid

April 21, 2022
Golden Hour Photography

Guide to Golden Hour Photography

April 15, 2022
Installing Acoustic Panels

Benefits Of Installing Acoustic Panels In Your Business Premises

April 15, 2022
ERP for Wholesale

ERP for Wholesale: What Distribution Businesses Should Know

April 7, 2022
Contact Centre Monitoring

How Contact Centre Monitoring Can Improve Performance

April 6, 2022
While Shopping Online

Precautions to Take While Shopping Online

April 1, 2022
Important University Tips

Five Important University Tips for Students

March 28, 2022
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Editorial Policy
  • Our Team
  • Privacy Policy

© Copyright 2021 TheThus | All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Home
  • Business
    • Careers
    • Education
  • Lifestyle
    • Fashion
      • Beauty
      • Jewellery
      • Shopping
      • Style
    • Food
    • Health
    • Home Decor
    • Most Expensive
    • Relationships
    • Travel
  • News
    • Entertainment
      • Bollywood
      • Hollywood
      • Humor
      • People
      • Television
    • Top Stories
      • Science
      • Social
    • Trending
  • Sports
  • Technology
    • Auto
    • Design
    • Gadgets
    • Games

© Copyright 2021 TheThus | All Rights Reserved.

This website uses cookies. By continuing to use this website, you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.