Union Government News
Lower cut-off for gratuity likely
Salary comprises basic salary plus dearness allowance plus commission, if the commission is a fixed percentage of salesCurrently, gratuity is calculated by multiplying 15 days salary of an employee with the number of years the person has worked
1 min read12 Aug 2020Deals Buzz: Government to invite bids for Air India privatization
In other news, private equity (PE) firm Multiples Alternate Asset Management is in advanced talks to lead a funding round of around $60 million in digital lender Kissht
4 min read9 Oct 2019Productive week for legislative business in Parliament
NDA's ability to get Triple Talaq passed is being seen as a key legislative victoryThe budget session of Parliament as of now has three more working days and is scheduled to end on Wednesday
1 min read3 Aug 2019Rules for online medicine sales will be finalised by 31 Jan: Centre to HC
The Union government is in the process of finalising the draft rules under the Drugs and Cosmetics Act, and they will be notified soon, Singh added.
1 min read4 Jan 2019Govt may report jobs growth data across all sectors by early 2019
It is likely to unveil a series of employment generation data collected from industries and households, as well as small businesses that have taken out Mudra loans from the government
2 min read22 Nov 2018Positive growth in steel sector, trend to continue: Tata Steel
Tata Steel said the current demand for steel in the country is more than expected, buoyed by robust performance of the automobile and construction sectors
1 min read15 Aug 2018CMs' panel explores ways to use rural jobs scheme to cut cultivation costs
A panel of CMs, which met in the capital on Thursday, explores ways of using the MGNREG scheme to cut farming costs and improving efficiency in agriculture
1 min read12 Jul 2018Jio Institute may lose top billing if it fails to perform: Govt
The HRD ministry's clarification was in response to severe criticism from political parties and the academia for selecting Jio Institute for the IoE status ahead of several others
2 min read11 Jul 2018Govt to raise ₹1 trillion from market for funding education infrastructure
The funds will be raised from a clutch of sources, including education bonds, commercial borrowings and corporate houses
2 min read4 Jul 2018Panel drafting new education policy gets another extension of two months
This is the third extension for the K. Kasturirangan Committee tasked with drafting a new education policy, touted as the biggest reform in education in India
2 min read2 Jul 2018Popular Topics
Budget
The 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