{"id":86926,"date":"2021-07-26T15:30:07","date_gmt":"2021-07-26T10:00:07","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=86926"},"modified":"2021-07-26T15:30:07","modified_gmt":"2021-07-26T10:00:07","slug":"financial-assistance-towards-msmes","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/financial-assistance-towards-msmes\/","title":{"rendered":"Financial assistance towards MSMEs"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<h2><strong style=\"color: #444444; font-size: 16px;\">DELHI : 26 JUL 2021<\/strong><\/h2>\n<\/div>\n<p>Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic which inter-alia include measures such as :<\/p>\n<ol>\n<li>Rs. 20,000 crore Subordinate Debt for MSMEs,<\/li>\n<li>Rs. 4.5 lakh crore Collateral free Automatic Loans under Emergency Credit Line\u00a0\u00a0 Guarantee Scheme (ECLGS) for businesses, including MSMEs.<\/li>\n<li>Rs. 50,000 crore equity infusion through MSME Fund of Funds<\/li>\n<li>Rs.15,000 crore Special Refinancing Facility for Small Industries Development Bank of India (SIDBI) from RBI as a specific response to COVID-19 for on lending\/refinancing purposes<\/li>\n<li>Credit Guarantee Scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions,<\/li>\n<li>Rs 30,000 crore Special Liquidity Scheme for NBFCs\/HFC\/MFIs,<\/li>\n<li>Rs. 90,000 crore partial Credit Guarantee Scheme 2.0 for Liabilities of NBFCs\/MFIs.<\/li>\n<\/ol>\n<p>In view of the challenges faced by taxpayers due to the outbreak of Novel Corona Virus (COVID-19), the Government of India has taken several taxation related measures for the industries including MSMEs which inter-alia include measures such as :-<\/p>\n<ol>\n<li>extension of various time limits for compliances and statutory actions under the taxation laws<\/li>\n<li>extension of date for filing declaration under the Direct Tax Vivad se Vishwas Act<\/li>\n<li>issuance of corporate tax refunds,<\/li>\n<li>extension of the date of incorporation of eligible start up for claiming deduction under the relevant provisions of income tax act,<\/li>\n<li>extending the\u00a0 date for making various investment\/payment for claiming deduction under Chapter VIA-B of the Income Tax<\/li>\n<li>Concessional rates of interest in lieu of the normal rate of interest of 18% per annum for delayed tax payments.<\/li>\n<\/ol>\n<p>This information was given by Union Minister for Micro, Small and Medium Enterprises, Shri Narayan Rane in a written reply in the Rajya Sabha.<\/p>\n<p>***<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 DELHI : 26 JUL 2021 Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic which inter-alia include measures such as : [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":86930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[47276,47277],"class_list":{"0":"post-86926","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"category-news","9":"tag-micro","10":"tag-small-and-medium-enterprises-msmes"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/86926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=86926"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/86926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/86930"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=86926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=86926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=86926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}