Silverman says the small business loans included in the $2 trillion stimulus package President Trump signed into law last Friday mean Salazar can survive, for now. The restaurant owes its employees two weeks of paid leave on April 2, as mandated by the Families First Coronavirus Response Act, and the restaurant “just barely” has the cash to pay it, he says, in large part because Salazar enjoyed a warm, and thus busy, February. That the loans come as tax credits, though, means restaurants without the cash on hand will close or turn to layoffs, he imagines. … [Read more...] about “I don’t have savings”: How one LA restaurant’s workers are coping with the closing
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For example, if your EPF balance on March 31, 2020 is Rs 10 lakh and your basic salary is Rs 50,000 per month, you will be able to withdraw only Rs 1.5 lakh. On the other hand, if your balance is Rs 2 lakh and basic monthly salary amounts to Rs 51,000, you can still withdraw only . … [Read more...] about COVID-19: How much can you withdraw from your EPF?