Sitharaman on coronavirus outbreak: SEBI, RBI & Finance Ministry are monitoring the stock market, says FM
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Sitharaman on coronavirus outbreak: SEBI, RBI & Finance Ministry are monitoring the stock market, says FM

Finance Minister Nirmala Sitharaman addresses the media on Tuesday specifically on statutory and regulatory compliance matters via video conference amid coronavirus outbreak

FPJ Web DeskUpdated: Tuesday, March 24, 2020, 03:27 PM IST
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FM Nirmala Sitharaman | ANI
24 March 2020 02:41 PM IST

Economic package to be announced sooner than later: FM Sitharaman

FM Sitharaman said that they will announce the economic package soon to help India fight the coronavirus battle. "We are readying an economic package to help us through the Corona lockdown (on priority, to be announced soon)."

24 March 2020 03:27 PM IST

Deadline to file ITR for FY19 extended till June 30

The last date for the income tax return for the financial year 18-19 is extended to 30th June 2020. For delayed payments interest rate has been reduced from 12% to 9%, says Nirmala Sitharaman

24 March 2020 03:27 PM IST

Aadhaar-PAN card linking date postponed to June 30

The last date to link your Aadhaar and PAN card has now been extended to June 30, says Nirmala Sitharaman. Earlier, the last date was March 31.

24 March 2020 03:27 PM IST

Last date for Mar, Apr, May GST returns extended till June 30

The last date for March, April, May 2020 GST returns and Composition returns extended to June 30th, 2020, says Nirmala Sitharaman

24 March 2020 03:27 PM IST

Customs clearance now an essential service: FM Sitharaman

Nirmala Sitharaman announced relief for imports/exporters and said that customs clearance now an essential service, till June 30th, 2020 and it will be working 24/7.

24 March 2020 03:27 PM IST

Interest rate on delayed deposit of TDS reduced to 9%

Nirmala Sitharaman said that the Ministry has also reduced interest rate to 9 per cent against previous 18 per cent, on delayed deposit of TDS.

24 March 2020 03:27 PM IST

Relaxation on holding Board meetings for next two quarters

Nirmala Sitharaman also said that the mandatory requirement of holding board meetings is being relaxed by a period of 60 days and this relaxation is for the next two quarters.

24 March 2020 03:27 PM IST

IBC default limit increased from Rs 1 lakh to Rs 1 crore: MoS Finance Anurag Thakur

Addressing the media via video conference, Minister of State, Finance Anurag Thakur said that the Insolvency & Bankruptcy Code (IBC) default limit has now been increased from Rs 1 lakh to Rs 1 crore.

24 March 2020 03:27 PM IST

Debit cardholders can withdraw from other bank's ATM for free for next 3 months

Nirmala Sitharaman said that debit cardholders who withdraw cash from other bank's ATM can now do it free of charge for the next 3 months.

24 March 2020 03:27 PM IST

No minimun balance fee to be charged: FM

Nirmala Sitharaman said that there shall not be any minimum balance requirement fee in bank accounts.

24 March 2020 03:27 PM IST

SEBI, RBI and Finance Ministry working together to monitor the stock market: FM

Nirmala Sitharaman said that the regulators, Reserve Bank of India, and Finance Ministry are all working together to monitor the developments & volatility in the stock market.

She also said that SEBI has come up with some set of guidelines and also stated its position.

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