The Monetary Policy Committee (MPC) which met in the first week of April 2022, assessed the macroeconomic situation and unanimously voted to keep the policy repo rate unchanged at 4 %. They decided to maintain an accommodative stance simultaneously focusing on withdrawal of accommodation. This is to make sure that inflation remains within the target, …
An amnesty scheme has been introduced by the Maharashtra Government which is to be called as the “Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee 2022”. The Covid-19 pandemic has disrupted small industries, traders and dealers, which have sustained a lot of financial stress. A substantial number of cases which involved outstanding …
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