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2. Vice President. ₹400,000 (equivalent to ₹ 420,000 or US$5,300 in 2023) + Other allowances fixed to the Vice President. [4] [5] [3] 3. Prime Minister. ₹250,000 (equivalent to ₹ 260,000 or US$3,300 in 2023) + Other allowances fixed to the Prime Minister.
Old Pension Scheme (OPS) in India was abolished as a part of pension reforms by Union Government.Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the ...
The Ministry of Finance ( IAST: Vitta Maṃtrālaya) is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. [1]
The economy of Punjab is the 16th largest state economy in India with ₹8.02 lakh crore (US$100 billion) [1] (FY2024-25) in gross domestic product and a per capita GDP of US$3460 (264,000) ranking 19th amongst Indian states. [7] [8]
Panchayati raj (council of five officials) is the system of local self-government of villages in rural India [1] as opposed to urban and suburban municipalities . It consists of the Panchayati Raj Institutions (PRIs) through which the self-government of villages is realized. [2] They are tasked with "economic development, strengthening social ...
The committee questioned the finance ministry civil servants including the Union Financial Services Secretary, Rajiv Kumar about the ₹ 11,400 crore (equivalent to ₹ 150 billion or US$1.9 billion in 2023) fraud in Punjab National Bank (PNB) and asked them to submit a report on it. It is currently on its way to becoming India's biggest ...
The Government of Jharkhand also known as the State Government of Jharkhand, or locally as State Government, is the supreme governing authority of the Indian state of Jharkhand and its 24 districts. It consists of an executive, led by the Governor of Jharkhand, a judiciary and a legislative branch. Like other states of India, the head of state ...
Computerisation wing. ETTSA (Excise and Taxation Technical Services Agency) government of Punjab is an autonomous body working primarily towards computerisation and automation of the Excise and Taxation Department of the Punjab State Government. [3] ETTSA works at 99 locations spanning the length and breadth of Punjab.