Finance minister Nirmala Sitharaman is expected to meet the heads of the public sector banks on December 28 to discuss the credit flow to micro, small and medium enterprises (MSMEs) and the status of IBC cases, banking sources told FE.
NEW DELHI: A plethora of regulatory changes covering startups is in the works to reduce time spent on tax compliance by them to less than one hour a month along with easier incorporation processes and boosting the availability of global and domestic capital.
Vice President M Venkaiah Naidu on Thursday stressed the need to dedicate the next decade, from 2020 – 2030 to make India healthier by promoting healthy lifestyle, improving healthcare facilities, making healthcare affordable and accessible to all.
In order to review status of MSME credit and related issues like status of overall bank credit growth and credit to non-banking finance companies (NBFCs), Finance minister Nirmala Sitharaman may meet heads of public sector banks (PSBs) on December 28.
The Finance Ministry on Wednesday notified setting up of a GST grievance redress committee at zonal/state level after it was approved in the last GST Council meeting this month.
Cash-strapped Air India has commenced an initiative to recover pending dues from other government departments.