https://www.taxtmi.com/news?id=13696 Measures impose an immediate 10% mandatory cut in non-plan expenditure for the current financial year with specified exclusions (interest, debt repayments, defence capital, salaries, pensions, Finance Commission grants). Additional austerity measures restrict creation of posts, vehicle purchases, foreign travel and luxury conferences and tighten discipline in transfers to States, PSUs and autonomous bodies. The measures operate until further orders and reported savings are not centrally monitored or quantifiable. en-us Sat, 13 Dec 2014 09:33:24 +0530 Sat, 13 Dec 2014 09:33:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13696 Measures impose an immediate 10% mandatory cut in non-plan expenditure for the current financial year with specified exclusions (interest, debt repayments, defence capital, salaries, pensions, Finance Commission grants). Additional austerity measures restrict creation of posts, vehicle purchases, foreign travel and luxury conferences and tighten discipline in transfers to States, PSUs and autonomous bodies. The measures operate until further orders and reported savings are not centrally monitored or quantifiable. News - Sat, 13 Dec 2014 09:33:24 +0530 https://www.taxtmi.com/news?id=13696