Rs.78,704 crore GST compensation dues pending for FY 2021-22

The Central Government is yet to release Rs.78,704 crore of Goods and…

One-Time Pension Option for Central Government Employees

The pension and pensioners’ welfare department issued an office memorandum regarding the…

All About India’s Contingency Fund

As per Article 267 of the Indian Constitution, it is mandatory to…

Centre Owes States Rs.37,134 Crore GST Compensation for FY 2020-21

The Central Government owes the states Rs.37,134 crore in Goods and Services…

Government Releases Rs.95,082 Crore as Tax Devolution to States

On Monday, the Central Government released two instalments of tax devolution amounting…

Dearness Allowance Increased to 31% for Central Government Employees

With effect from 1 July 2021, the Dearness Allowance (DA) concerning Central…

Cabinet Approves 3% DA Hike for Central Government Employees

On Thursday, the Cabinet, chaired by Prime Minister Shri Narendra Modi, approved…

Few Central Government Employees to Receive Ad-hoc Bonus

The Central Government approves the Non-Productivity Linked Bonus (Ad-hoc Bonus) equal to…

NPS Corpus Might Reach Rs 7.5 Lakh Crore Towards End of FY22

As of 31 March, the overall National Pension System (NPS) corpus stood…

State Governments Step up Capital Expenditure

The state governments have stepped up capital expenditure in Q1 (first quarter)…