Wednesday, June 24, 2020

2% Interest Subvention approved on Prompt Repayment of Shishu Loan under Pradhan Mantri Mudra Yojana for a period of 12 months: Finance Ministry

The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved a scheme for interest subvention of 2% for a period of 12 months, to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers. The scheme will be extended to loans that meet the following criteria – outstanding as on […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2CuLLjA

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