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    <title>COVID Emergency Credit Facility covers all companies and not just MSMEs: Finance Minister</title>
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    <description>The Government affirmed that the COVID Emergency Credit Facility applies to all companies, committed to address liquidity shortages and departmental payment delays, and invited industry submissions on ministry and regulator deadlines. It will consider extending the deadline for the 15% corporate tax rate on new investments, while GST rate reductions remain subject to the GST Council&#039;s revenue considerations; income-tax refunds to corporates are being issued.</description>
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      <description>The Government affirmed that the COVID Emergency Credit Facility applies to all companies, committed to address liquidity shortages and departmental payment delays, and invited industry submissions on ministry and regulator deadlines. It will consider extending the deadline for the 15% corporate tax rate on new investments, while GST rate reductions remain subject to the GST Council&#039;s revenue considerations; income-tax refunds to corporates are being issued.</description>
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