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Top biz headlines: I-T relief, Rs 1 trn package for MSMEs, and more

Here are the top business headlines on Thursday

tax, cash, fund, returns, savings, investment, investors, rupee,
premium

BS Web Team
I-T Dept to release all pending tax refunds up to Rs 5 lakh immediately

The government has decided to issue pending refunds for income tax, goods and services tax (GST) and customs worth Rs 18,000 crore immediately to benefit scores of taxpayers amid coronavirus lockdown in the country. The move is aimed at helping many overcome cash crunch due to temporary closure of shops and business operations as well as delayed salaries and job losses. Read More

Coronavirus lockdown: Rs 1-trn stimulus package for MSMEs on cards

The Centre is likely to announce a second package