Sitharaman's second conference of week to start at 16:00 hrs

Source :Sify
Author :Sify
Last Updated: Thu, May 14th, 2020, 12:52:23hrs
Nirmala-Lockdown-measures

New Delhi: Finance Minister Nirmala Sitharaman will be holding a second press conference on Thursday at 16:00 hrs.  

On Wednesday, the Finance Minister explained policies estimated at nearly 5.94 lakh crores. The policy majorly helped the MSME sector with direct measures estimated at Rs 3.70 lakh crores.  

Other points the Finance Minister covered during Wednesday's conference includes EPF relief, TDS rate cut for non-salaried and ITR filing deadline extension.  

Sitharaman during the conference on Thursday is expected to talk on a wide variety of financial package for poor workers. There could also be something for the middle-class to cheer about. For corporate, GST related measures and improvement in demand could are anxiously awaited.