DOT Institute to host webinar on financial guidelines
DOT Institute of Graphic Communication is set to host a webinar on 29 May 2020, in which Uday Dhote, who is a CA and past chairman of finance and taxation at AIFMP, will provide in-depth guidelines on how to employ the recently announced RBI and Finance Ministry schemes.
27 May 2020 | By PrintWeek Team
Dhote: It is imperative for businesses to know the nitty gritty involved in the announced schemes
The Covid-19-induced lockdown has seen many industries struggle with their finances and worry about restarting operations. To tackle this, the RBI announced Covid-19 regulatory packages and reduction in key rates on 27 March and 22 May 2020.
In addition, the finance minister came out with a number of schemes on 13 May 2020, primarily, to support MSMEs. And one of these schemes also received a cabinet nod on 20 March 2020.
However, the schemes have to be effectively utilised with a procedural approach. Thus, the webinar will shed light on the papers to be submitted and letters to be written to banks to make use of the announced schemes, among other key focus areas.
“As businessmen, it is imperative for us to know the nitty gritty involved in these schemes, so that we take a conscious decision in the right direction,” said Dhote.
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