Steps taken by Government to Support MSME Sector in fight against COVID-19

With uncertainty of the duration of the COVID-19 pandemic, Government has been working with various regulators and local statutory bodies to come together and work towards repurposing business plans, restart the operation activities, protect employees and workers, boost small and medium-scale businesses. Government has issues relief measures for MSMEs to help them survive this difficult time. Due to the COVID-19 crisis forcing lockdown all over the nation, smaller businesses have been largely affected as their […]

Relaxations announced by Finance Ministry

COVID-19: Relaxations announced by Finance Ministry

COVID-19 has caused unprecedented challenges resulting into uncertainty in the economy. On account of COVID-19, Relaxations announced by Finance Ministry of India in context of several important relief measures taken by the Government of India (GOI) This relaxations provides certain relief measures in financial and regulatory compliances for the individuals and Companies to ease the compliance burden and avoid legal consequences and penalty. Relaxations announced by Finance Ministry are as below: 1. Relaxation provided to […]