Upcoming Webinar :Register now for 'ULIP as an investment during economic recovery' powered by Bajaj Allianz

In Pics | COVID-19 Fight: Economy Reboot Underway With Rs 20 Lakh Crore Stimulus Package

The FM on May 13 announced the economic measures to ease the financial stress triggered by the COVID-19 outbreak.

May 13, 2020 / 09:21 PM IST
On May 13 Finance Minister Nirmala Sitharaman gave details of Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi a day before. The package called Atmanirbhar Bharat Abhiyan involves 15 measure for various sectors. Here are the key announcement made by the Finance Minister. (Image: PTI)
On May 13, Finance Minister Nirmala Sitharaman gave details of Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi a day before. The package called Atmanirbhar Bharat Abhiyan involves 15 measure for various sectors. Here are the key announcements made by the FM. (Image: Moneycontrol)
Representative image
The deadline for filing tax returns for FY20 would be extended to November 30, 2020 from July 31, 2020 and October 31, 2020. (Image: Reuters)
25 percent cut in tax deducted at source (TDS) for non-salaried specified payments made to residents and rates of tax collected at source (TCS) for 2020-21. This will release liquidity of Rs 50,000 crore. (Image: Moneycontrol)
25 percent cut in tax deducted at source (TDS) for non-salaried specified payments made to residents and rates of tax collected at source (TCS) for 2020-21. This will release liquidity of Rs 50,000 crore. (Image: Moneycontrol)
EPF support to employers and employees to continue for another three months (till the end of August), through Rs 2,500 crore fresh liquidity aid. (Image: Moneycontrol)
EPF support to employers and employees to continue for another three months (till the end of August), through Rs 2,500 crore fresh liquidity aid. (Image: Moneycontrol)
(Image: News18 Creative)
FM's announcement for the MSME sector. (Image: News18 Creative)
Rs 30,000 crore special liquidity scheme for NBFCs/HFCs/MFIs
Rs 30,000 crore special liquidity scheme for NBFCs/HFCs/MFIs (Image: PTI)
Rs 90,000 crore liquidity injection into DISCOMs by PFC/REC. (Image: PTI)
Rs 90,000 crore liquidity injection into power discoms by PFC/REC. (Image: PTI)
COVID-19 to be considered as a "force majeure" event under RERA. (Image: Moneycontrol)
COVID-19 to be considered as a "force majeure" event under RERA. (Image: Moneycontrol)
Moneycontrol News
first published: May 13, 2020 09:21 pm

stay updated

Get Daily News on your Browser
Sections