Income tax data offers no reliable proof of a divergence while fiscal transfers would likely have reduced our Gini coefficient
4 min read4 Apr 2023Earlier government employees in Karnataka were given a 17 percent hike in basic salary. The employees had demanded interim relief of 40 per cent increase in basic salary and revision of salaries as per the 7th Pay Commission
1 min read16 Mar 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared