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FinMin Extends Deadline for MSMEs to Submit Refund Claims of Forfeited Bid Security in Govt Contracts Till July 31

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MSMEs in India have more time to submit refund claims for bid security, performance, and liquidated damages. 'Vivad se Vishwas-I' provides 95% relief. Also, certain MSMEs that default in executing contracts during the pandemic period will receive relief till March 31, 2022.

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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