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Tag Archives: ECONOMY NEWS

Govt. takes a giant leap in midnight order, lets local shops open from today (Read Order Copy)

Govt. takes a giant leap in midnight order, lets local shops open from today (Read Order Copy)

Giving sought of relaxation to the public at large, Ministry of Home Affairs (MHA) on Friday night allowed opening of neighbourhood and stand alone shops, including those located in residential complexes within municipal areas, but at a 50% strength and after taking necessary precautions.     However, shops in market places, …

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Government brings an ordinance to give effect to extension of time limits under Taxation and Benami acts

In order to give effect to the announcements made by the Union Finance Minister vide Press Release dated 24.03.2020, regarding several relief measures relating to statutory and regulatory compliance matters across sectors in view of COVID-19 outbreak, the govt has brought in an Ordinance on 31.03.2020 which provides for extension of various …

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EPFO notifies 8.55% interest rate on PF for 2017-18, lowest in 5 years

Retirement fund body has asked its field offices to credit 8.55 percent rate of interest for 2017-18 into the PF accounts of around 5 crore subscribers. This is the lowest rate since 2012-13. The Labour Ministry has conveyed approval of the central government to credit 8.55 per cent rate of …

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