Cash-strapped govt cuts non-essential expenditures amid Covid-19 crisis
Banks to roll out stressed loans resolution scheme by Sept 15
September 8, 2020MNCs approach tax dept, seek revision of agreements due to Covid-19
September 8, 2020Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said, “Given the severe lockdown due to the pandemic, it was certain that there would be a strain on the fiscal deficit and that fiscal consolidation would not be possible. Various estimates are going around on the fiscal deficit for the year crossing 7 percent.”