Sunday, October 25, 2020

Govt. issues directions for Interest Waiver: Scheme for grant of ex-gratia payment [Read Letter]

government - Interest Waiver - grant of ex-gratia payment - ex-gratia payment - TaxscanThe Government has notified the Scheme for grant of ex-gratia payment of the difference between compound interest and simple interest for six months to borrowers in specified loan accounts from March 1, 2020, to August 31, 2020. The government directed all the nationalized bank to convey that in view of the unprecedented and extreme COVID-19 […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3opS8bB

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