GOI Approved Unified Pension Scheme for Central Government Employees
On August 24, 2024, the Cabinet gave the green light to introduce the Unified Pension Scheme (UPS), a reform intended to benefit around 23 lakh...
Tag : central government
Finance Ministry Announced Additional Tax Devolution Of Rs 1.39 Lakh Crores For June 2024
In June, the central government devolved Rs 1.39 lakh crore to states as part of its tax revenue. Devolution involves delegating financial resources and decision-making...
Centre to Launch Rs 75 Coin to Commemorate Opening of New Parliament Building
The Centre will issue a special commemorative coin of Rs 75 to mark the opening of the new parliament building, the finance ministry said in...
Centre Extended AFSPA in Parts of Arunachal Pradesh, Nagaland
On Friday, the Union Home Ministry extended the status of “disturbed areas” in parts of Arunachal Pradesh and Nagaland for six months under the Armed...
IFCI Preferential Issue Approves by Board up to Rs 100 Crore to Central Govt
The Central government is the company’s promoter and holds a 64.86 per cent stake in IFCI. On 27 September 2022, the board of directors of...
Centre Cuts Windfall Tax on Crude Oil to Rs 17,000/Ton; RIL, ONGC Shares Up
According to a government order, the central government has slashed the windfall profits tax imposed earlier this month on crude oil by about 27% to...
Govt Cuts Base Import Prices of Gold, Silver, Edible Oil Amid Easing Commodity Prices
On July 15, the central government announced a cut in import benchmark prices amid signs of cooling in gold, silver and edible crude oil prices....
Govt Raises MSP For Kharif Crops by 4-9%
On Wednesday, the central government raised the Kharif Crop Minimum Support Price (MSP) for the 2022-23 crop year by 4-9% and the rice MSP by...
Lok Sabha Passes Bill to Ban Funding of WMD
The central government tabled the Weapons of Mass Destruction (WMD) and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022′ in the Rajya Sabha...
Centre Plans Borrow 59% of FY23
The central government plans to borrow Rs 8.45 trillion from the bond markets in the first half (April-September) of FY2022-23 to fund the revenue gap...