Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 63 slabs of additional DR for the quarter from February 2024 to April 2024. So no increase in DA for the serving staff for the ensuing quarter. FOR Pensioners 61 slabs increase in Dearness…
Consumer Price Index for October 2023, November 20232, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to (62) slabs of additional DR for the quarter from February 2024 to April 2024.Pending amendments to wage revision, Banks may pay the Dearness Allowance payable to bank officers for the period February 2024 to…
Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 63 slabs of additional DR for the quarter from February 2024 to April 2024.Pending amendments to wage revision, Banks may pay the Dearness Relief payable to Bank clerical Staff for the period February 2024…
Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 63 slabs of additional DR for the Quarter of February 2024 to April 2024. So no change in DA rate for the Pending amendments to wage revision Banks may pay the Dearness Allowance payable…
Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 63 slabs of additional DR for the Quarter from February 2024 to July 2024. So no change in DA for the ensuing quarter.Pending amendments to Pension Regulations, Banks may pay the Dearness on special…
InvITs stands acronym for Infrastructure Investment Trusts. They are similar to REITs but invest in infrastructure projects like roadways, power plants, transmission lines, and other infrastructure. As per current SEBI Regulations InvITs can be divided into 5 key types depending on the types of infrastructure they own or operate: The business model of Infrastructure Investment…
REIT stands for “Real Estate Investment Trust”. These trusts were originally devised in the United States in 1960 under the Cigar Excise Tax Extension Act. The first REIT was listed on the New York Stock Exchange in 1965. REIT approach has flourished and served as the model for around 40 countries around the world. REITs…
The key difference between a REIT and a mutual fund is that that; Related Posts:
A credit default swap (CDS) is a contract between two parties in which one party purchases protection from another party against losses from the default of a borrower for a defined time. The protection buyer makes periodic payments (premium) to the protection seller until the maturity of the contract or the credit event, whichever is…
(This post offers salient features of ISDA, covering some of the points most important to the parties to the agreement for OTC derivatives transactions internationally.) The ISDA Master Agreement is an internationally agreed document published by the International Swaps and Derivatives Association, Inc. (“ISDA”) which is used to provide certain legal and credit protection for…
