Searched for
COMPOUND INTEREST WAIVER
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...- Goal protection matters: Why Waiver of Premium deserves more attentionFinancial plans often falter not due to lack of planning, but because they don't account for life's uncertainties. The Waiver of Premium fe...
- How much do 2026 tax penalties cost if you file late? IRS interest rates and monthly fees explainedMissing the April 15 deadline in 2026 can cost you up to 25% in penalties alone. The 2026 tax penalties cost late filing starts at 5% per m...
- IBA reaches out to govt for refund of compound interest waiver by banksCompound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21, and the scheme covered all borrower...
- India's public banks may have to take Rs 2,000 crore hit after SC order on interest waiverCompound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers...
- SC verdict on compound interest/penalty refund not to impact banks as govt to reimburse: Yes SecuritiesOn its verdict on a batch of pleas seeking moratorium extension beyond August 31, 2020, the apex court on Tuesday said it is a policy decis...
- Supreme Court to resume hearing on loan moratorium, interest on interest waiver case todayThe RBI had given a loan moratorium owing to Covid-19 and its fallout on businesses and consumers' income. The period of moratorium had end...
- Interest on interest waiver: Banks start crediting accounts; FinMin issues additional FAQsFollowing directions from the Supreme Court, the government had last month announced the scheme for grant of ex-gratia payment of differenc...
- No need to apply for compound interest waiver, relief to be auto-credited into accounts: Finance MinistryThe benefit is available to all eligible borrowers including those who did not opt for moratorium. The lenders can seek a refund from the g...
- Who is eligible for compound interest waiver during moratorium and how much will be the benefitThe central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up to ...
- Interest waiver: Outstanding as of Feb 29 to be reference for ex gratia reliefLast Friday, the government had announced the scheme for grant of ex gratia payment of difference between compound interest and simple inte...
- RBI asks lending institutions to implement waiver of interest on interest schemeThe scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and com...
- Compound interest waiver: 75% borrowers to benefit, to cost government Rs 7,500 cr, says reportTo ensure effective and timely implementation, the government has asked lenders to credit the amount to eligible borrowers latest by Novemb...
- Finance Ministry issues guidelines for implementation of interest waiver on loanAs per the scheme, the lending institutions shall credit the difference between compound interest and simple interest with regard to the el...
- Lending institutions to give cashback after Government announces waiver of interestLending institutions to give cashback after Government announces waiver of interest
- November 5 deadline to credit benefit of loan interest waiverIn an affidavit in Supreme Court on Saturday, the government said all financial institutions have been asked to credit the difference betwe...
- Didn’t skip EMIs during lockdown? Get cashback from your bankThe government on Friday spelt out the details of the waiver of interest on interest on loans up to Rs 2 crore where borrowers had taken mo...
- Borrowers set to get compound interest waiver, Cabinet approval likelyThe government had filed an affidavit in the Supreme Court in a case concerning the moratorium, stating that it would waive interest on int...
- Real estate sector may not get waiver on compound interestThe real estate sector already benefited from funding support under the Special Window for Affordable and Mid Income Housing or SWAMIH whic...
- NBFCs may be hit most by compound interest waiverAnalysts estimate a hit of ₹4,000 to ₹8,000 crore for the financial sector if SC does away with interest on loans under moratorium
Load More
