Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22, the ANI report states. “We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than…
Tag: Nirmala Sitharaman
EPFO settles 1.37 lakh EPF withdrawal claims in less than 10 days
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•On March 24, the Prime Minister Narendra Modi announced that the country will observe a total lockdown for 21 days due to the coronavirus pandemic. The Finance Minister Nirmala Sitharaman then came out with a slew of measures to help people in the unorganised sector and others to cope in these unprecedented times. The Finance…
Govt to pay EPF contribution for next 3 months to employees of small firms
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•Finance Minister Nirmala Sitharaman announced that the government will pay the EPF contribution both of the employer and the employee (12% each) for the next three months. The good news is applicable for establishments with up to 100 employees, where 90% of employees drawing less than Rs 15,000 salary. “This is for all those establishments…