Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy.
Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy. According to the sources, in a cabinet meeting headed by the state minister for space and secretaries from Bhabha Atomic Research Center and Department of Space it has been decided that now PRIS or Performance Related Incentive Scheme is not required since the scientists in these organizations are already getting the highest salaries in the country.
Chancellor Rachel Reeves has unveiled the long-anticipated budget.
The amount you can save in a tax-free cash ISA has been slashed from £20,000 to £12,000 in the budget.
The chair of the Office for Budget Responsibility (OBR) has apologised and not ruled out his resignation over the accidental early release of the independent body's fiscal forecast.
The owner of Candy Kittens, the vegetarian sweet brand, is in talks about a cut-price deal to buy Graze, the snacks range owned by FTSE-100 consumer goods giant Unilever.
This was a budget that had to recapture the confidence of the people who lend national governments money.
Rachel Reeves has announced a mansion tax on homes worth more than £2 million.
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