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    <title>Status Report on implementation of several measures announced by Finance Minister to boost Economy</title>
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    <description>Measures announced to stimulate the economy include derecognition of CSR breaches as criminal offences, an Ordinance amending surcharge treatment on capital gains, consolidated guidance and institutional support to mitigate &quot;angel tax&quot; for start ups, and issuance of circulars to centralise issuance of income tax orders and notices. Banking reforms implemented include PSBs adopting rate cuts, introduction of repo linked and external benchmarked loan products, enforced norms for return of loan documents within fifteen days, and capital infusion and liquidity support to NBFCs/HFCs alongside co origination arrangements. Export facilitation included revised export credit PSL eligibility, an electronic Certificates of Origin platform, and deployment of an automated ITC refund module.</description>
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    <pubDate>Fri, 01 Nov 2019 09:38:57 +0530</pubDate>
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