Tag: Finance Minister

Sitharaman remarked that India attaches great significance to presenting this statement before the global community since it unanimously voices the view of BRICS countries on the critical aspects underpinning current international policy conversations on post-pandemic recovery.

Bhubaneswar: An inter-ministerial committee meeting to look into the seven-point charter of demands by the agitating teachers held under chairmanship of Finance Minister Shashi Bhusan Behera remained inconclusive on Tuesday. Although the meeting discussed various points including service conditions and withdrawal of the ‘controversial’ affidavit clause prescribed in the Grant-in-Aid (GIA) Policy-2017, no consensus was […]

Big relief for taxpayers as Finance Minister Piyush Goyal announced that individual taxpayers having annual income up to 5 lakhs will get full tax rebate now. As many as three crore taxpayers will be benefited with the decision. The interim Budget 2019-20 was the last budget of the Modi government ahead of the general polls. Finance Minister […]

Surat/Bhubaneswar: Duped depositors of chit fund companies today protested Odisha Finance Minister Sashi Bhusan Behera in Surat during his visit to Gujarat. Demanding immediate refund of money, the protestors held placards and banners and shouted slogans against Behera, who was in Surat to attend a meeting at the Chambers of Commerce at Nanpura. Under the […]

Bhubaneswar: Odisha Assembly was on Tuesday adjourned twice due to ruckus by the opposition Congress and the BJP over unemployment and failure of state government to provide drought relief to the affected farmers. While Congress wanted a discussion on the growing unemployment in the state, the BJP said the state government had failed to give […]

The Jammu and Kashmir government on April 24 approved implementation of 7th Pay Commission’s recommendations and with this it becomes the first state in the country to do so resulting in 20 per cent average hike in the salary of its lakhs of employees. The implementation will have an additional burden of Rs 4,201 crore […]

Bhubaneswar: With lakhs of state government employees still waiting for their March salary in the middle of April, Odisha Finance Minister Shashi Bhushan Behera today said that a lightning strike has led to a technical glitch resulting in a delay in disbursement of salaries. As per reports, over 4 lakh State government employees have not […]

New Delhi/Bhubaneswar: The Centre has increased the salary of the Lieutenant Governors of Union Territories made it on a par with the emoluments of secretaries of the central government. The decision has been taken by the BJP-led central government at a meeting of the Union Cabinet presided by Prime Minister Narendra Modi on Wednesday. The […]

5:19-5:21 pm: Outlay of Rs 176 crore proposed for Special Development Councils in 9 tribal dominated districts; Rs 120 crore under Biju KBK Yojana 5:17-5:19 pm: For 2018-19 Odisha Finance minister Sashi Bhusan Behera proposes Rs 2,090 crore for disaster management including Rs 865 crore under SDRF, Rs 1000 crore under NDRF 05:12- 5:17 pm: […]

New Delhi/Bhubaneswar: Central government employees have been expecting a further hike in the minimum pay next month after several news related to a possible increase in pay were published in the media. However, it seems the expectations have been crushed again as reports are there that the Centre is not going to increase the minimum […]

New Delhi/Bhubaneswar: The Payment of Gratuity (Amendment) Bill was passed by the Lok Sabha on Thursday. The Bill, one passed, will enable the government to fix period of maternity leave and tax-free gratuity amount with an executive order. Meanwhile, the motive of government behind increasing the tax-free gratuity is an inclusive one. Moving the bill […]

New Delhi/Bhubaneswar: The end of the 2017-18 financial year is likely to bring in good news for the lakhs of government employees as reports are there that the Narendra Modi-led Central government is mulling to take a final call on the further hike in basic pay demand of the employees. It is believed that the […]

New Delhi/Bhubaneswar: In the history of pay commissions, the Central government employees would have never found themselves in such a catch-22 situation where they had to spend so much of their time pondering over its recommendations. Since the implementation of the 7th Pay Commission, resentment among the employees has been brewing; they are protesting, threatening […]

New Delhi/Bhubaneswar: The Central government employees will no longer get their salary and allowances ‘revised’ as per the recommendations of a pay commission in future as the Centre has “almost” decided not to form any pay commission in future. A top official in the Finance Ministry, on condition of anonymity, has confirmed that no new […]

New Delhi: The Lok Sabha on Friday passed a Bill that seeks to amend the Insolvency and Bankruptcy Code (IBC) to plug potential loopholes and prohibit “certain persons”, such as wilful defaulters, from submitting resolution plans to let them take charge of the company. The Insolvency and Bankruptcy Code (Amendment) Bill, 2017 was passed after […]