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DA Hike Raised To 60% For Central Staff

By BPN News Desk April 18, 2026
indian rupee
Government Policies National
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
Government Policies National

Cabinet Allocates ₹8,800 Crore to Enhance Skill India Programme

By BPN News Desk February 9, 2025
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
Parliament
Economy National

Cabinet Approves New Income Tax Bill for Parliamentary Introduction

By BPN News Desk February 8, 2025
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 […]
Nirmala Sitharaman
Business Finance

Cabinet Set to Approve New Income Tax Bill for Reforms

By BPN News Desk February 6, 2025
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 […]

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