Tag: finance ministry
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Nationwide Bank Union Strike Call Suspended as Finance Ministry Temporarily Freezes PLI Restructuring
The planned strike across all banks under the national-level union of bankers has been called off following reports that the restructuring of the Performance Linked Incentives scheme has been put on hold by the Finance Ministry. The current scenario provides temporary respite to the employees as well as customers of the banks from any possible ... -
Centre orders immediate release of IT refunds up to Rs 5 lakh
Citizens who are facing a shortage of funds due to job loss or pay cuts due to the ramifications of the nationwide lockdown can breathe a sigh of relief. As the country battles Coronavirus, the government has decided to provide a major relief for business entities and individuals. The Centre on April 8 announced that ... -
Finance Ministry and RBI in discussions over economic stimulus, likely to launch $20b-plus package
Indian government, which earlier this week announced a 21 day lockdown, is contemplating over resolving issues pertaining to the country’s dwindling economic health and other challenges which emerged amid the shutdown. The finance ministry has urged Reserve Bank of India to aid people with certain relief measure stuck in their homes due to outbreak of ...


