7th Pay Commission: The central government employees are expected to get a big boost to their salaries post-budget 2020 that is going to be presented on 1st February 2020 in the Parliament. According to the report, the Centre may announce a 4 per cent hike in Dearness Allowance (DA) to staffers and pensioners.
The commerce ministry has sought reduction in the import duty on gold in the forthcoming budget with a view to pushing exports and manufacturing of the gems and jewellery sector, a source said.
Finance Minister Nirmala Sitharaman may announce second-round capital infusion for public sector general insurance companies in the upcoming Budget to improve their financial health.
Prime Minister Narendra Modi on Wednesday invited ideas and suggestions that can be taken into consideration for the upcoming Union Budget to be presented before the Parliament on February 1. The designated website -- mygov.in -- has had an overwhelming response with people giving all sorts of suggestions.
Union Budget 2020: Congress leader Rahul Gandhi on Friday slammed Prime Minister Narendra Modi over his pre-Budget consultations with industry leaders. He called it a 'Suit-boot budget'
Now you can be a part of Union Budget 2020. Prime Minister Narendra Modi has asked people to share their ideas and suggestions for the upcoming India Budget 2020, which will be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1.
Gross domestic product is estimated to grow 5.0 per cent in 2019-20, slower than the 6.8 per cent growth of 2018-19, the Ministry of Statistics said in a statement.
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