Update: If you are looking for update about budget 2015-16, then here is the update.
Federal Govt. has announced 10% increase in Pay and pension of Govt. Employees. Minimum pension is increased from 5000 to 6000 rupees. 5% increase in conveyance allowance of employees from scale 1-15 as well as 20% increase in medical allowance has been announced for employees from scale 1 to scale 15. One premature increment will be give to employees from scale 1 to scale 4.
Please share you thoughts in comments.