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The PM CARES Fund was initially announced as a public body, on its establishment, and the day after it was established, the Ministry of Corporate Affairs announced that donations to the fund would be eligible as corporate social responsibility (CSR) contributions, allowing companies to claim tax exemptions on donations to the Fund. [27]
Chairman of the fund is the Prime Minister and he is assisted by joint secretary. The whole of the fund is deposited with scheduled commercial banks and the beneficiaries are identified directly by the Prime Minister from among the beneficiaries. [3] [4] The control of the PMNRF has been with the Prime Ministers Office (PMO) since 1985.
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Holidays. Bank Status. 2021. 2022. 2023. New Year’s Day. Federal Reserve holiday; most U.S. banks will be closed. Friday, Jan. 1. Saturday, Jan. 1. Sunday, Jan. 1
Are banks open on Memorial Day? Find out if your financial institution is staying open or closed this year, plus get the list of the remaining bank holidays. ... May 26, 2024 at 11:00 PM. Smith ...
January 16, 2025 at 2:40 PM. Key takeaways. Most banks are closed on the 11 holidays when the Federal Reserve is closed. ... Can banks open on a Federal Reserve holiday?
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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...