The government has now allowed the startups to issue ESOPs i.e. Employee Stock Ownership Plans to their employees for a period of 10 years from their registration as a startup. This is one of the Government Policies to encourage startup growth and entrepreneurship. Earlier, the limit to issue ESOPs or shares to the employees was … Read more
There is a piece of good news for the residents of UP. The Uttar Pradesh govt provides interest relief to builders of different districts of UP. The UP state government has reduced the rate of interest on the land dues so that it can help many people. 3 Administrations where Uttar Pradesh Govt Provides … Read more
Amid the economic recession due to lockdown, a fresh controversy has popped up as Facebook sues Mumbai-based firm for unauthorized use of several domain names. Let us know in detail about this case. Why Facebook sues Mumbai-based firm? It can’t be denied that in these days of globalization, the business has grown complex than ever. … Read more
There is a piece of good news for the Homebuyers— Home loans are soon to get cheaper from next month. Now many people can fulfill their dream to own a house, as the Country’s financial institution, State Bank of India (SBI), has announced that it will reduce the Marginal Cost of fund-based Lending rate (MCLR) … Read more
The Employees’ Provident Fund (EPF) is a retirement benefit government scheme that provides financial coverage to the employees (EPF account holders) after retirement. But, do you know that the EPF scheme also provides a life coverage to the employees. So, let us know about this feature of the EPF scheme. Life Coverage for EPF … Read more
In order to give the much-needed relief to the public, the Reserve Bank of India (RBI) had recently announced that the loan moratorium is extended by further 3 months, i.e. till August 2020. This is to help them while the financial disturbance due to the COVID-19 crisis. Here, the loan moratorium means the relief to … Read more
The Delhi government has announced that Special Corona Tax on Delhi Liquor shall be now lifted. In the wake of the Novel Coronavirus disease or COVID-19, the government had further extended the Lockdown till 30th June 2020, under the Disaster Management Act, 2005. The sale of alcoholic beverages was permitted during the lockdown, but the … Read more
The nationalized banks have recently sought RBI’s Permission to restructure ₹3 Lakh Crore Loans that were announced by the government under the Atmanirbhar Bharat Package. Let us first study the ₹3 Lakh Crore Loans assured by the government. Case of Collateral-free ₹3 Lakh Crore Loans Scheme As the COVID-19 Crisis has affected many industries … Read more
For the ease of the borrowers, Punjab National Bank EMI for loan is going cheaper and facilitating all the Indians. Punjab National Bank, which is India’s second-most popular publicly-owned lender has declared a diminution in their lending rates. The bank has always been favorable to its users in every means. Now they are making it … Read more
The COVID-19 pandemic has taken a toll on the Indian economy which get reflects with the diminishing India Q4 GDP Growth. The Lockdown, which was imposed on 25th March 2020 in India, multiple sectors has now almost brought the operations in the key sectors to halt. The lockdown has given a huge blow to the … Read more