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Government to remove overly arduous checks lenders must make when processing loans

Budget 2024 expectations: 13 ways the FM can simplify matters for taxpayers: CII

The Interim Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. A few key steps as suggested by CII that would help to rationalise and simplify taxes are as follows.

Union Budget 2024: Capex momentum, rationalising GST, PLI expansion in CII s wishlist

MSME claims: Vivad se Vishwas: Govt settles over 43k MSME claims; refunds Rs 700 cr

As many as 43,904 refund claims from MSMEs worth Rs 700 crore were settled by the government under the Vivad se Vishwas-I scheme. The scheme allows MSMEs to claim a refund of 95% of performance or bid security and liquidated damages forfeited by government departments and public sector entities during the COVID-19 pandemic.

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