The 2% DA hike, which will benefit about 4.84 million central government employees and 6.2 million pensioners, is in accordance with the 7th Pay Commission
2 min read29 Aug 2018Considering the tight fiscal position this year, the government may improve upon the Pay Commission recommendation for basic pay to 18% or at best 20%, a senior official said
1 min read29 Jun 2016The 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