The Union Cabinet has approved a 2% increase in Dearness Allowance for central government employees and Dearness Relief for pensioners, raising the rate from 58% to 60%. The revised rate will take effect from January 1, 2026, which means eligible employees and pensioners are also expected to
The Union Cabinet has sanctioned the continuation and restructuring of the Skill India Programme (SIP) until 2026, with a financial outlay of ₹8,800 crore covering the period from 2022-23 to 2025-26. This initiative underscores the government’s commitment to developing a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and
The Union Cabinet has given its approval to a new Income Tax Bill, which is scheduled to be introduced in Parliament next week. This legislative move seeks to replace the existing Income Tax Act, which has been in force for over six decades, with a more contemporary framework. Objective of the New Income Tax Bill […]
The Union Cabinet is set to approve a new Income Tax Bill on February 7, with plans to introduce it in the Lok Sabha during the ongoing Budget session. This bill seeks to replace the existing Income Tax Act of 1961 with a more streamlined and taxpayer-friendly system. Objective of the New Tax Bill The […]















