The National Housing Bank (NHB) has proposed some amendments to capital adequacy ratio (CAR) and other norms for housing finance companies (HFCs), seeking comments/feedback for the same by 31st Mar’19.
Ahead of the Union Budget, the Finance Industry Development Council (FIDC) has urged the government to exempt all non-banking finance companies (NBFCs) with asset base of over ₹500 crore from the provisions of Tax Deduction at Source (TDS).
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.