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Sunday, April 19, 2020

Government wary of tax cuts, may offer funding to keep businesses afloat

Support for businesses hit by the pandemic and the lockdown can come in the form of measures like a higher working capital limit to help them tide over the disruption and meet statutory dues rather than outright tax concessions at a time when the government's fiscal situation is stretched.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34NWMXv

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'Wait for greater clarity': US Fed to hold off altering interest rates

Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. ...