Latest update: 31.01.2018
As announced by the Labour Bureau of the Government today (31.01.2018), the average index numbers for October ‘17 to December ‘17 works out Bank employees and Officers DA Chart for Feb ’18 to Apr ‘18to 6551.01. It means 12 slabs (1.20% ) increase in DA for the ensuing quarter February 2018 to April 2018, over the previous quarter.
This means 52.80 % DA for the quarter February 2018 to April 2018 on ‘pay’ (which includes allowances eligible for DA) @ the rate of 0.10% per slab. The above increase in DA rate is applicable to all the serving staff of banks viz. Officers, clerical and sub-staff.
CLICK BELOW
(1)Dearness Allowance for Bank –Officer (click)
(2)Dearness Allowance for Bank – Clerical Staff (Click)
(3)Dearness Allowance for Bank Sub-Staff (Click)
(4) Dearness Relief for Bank Pensioners (CLICK)
Please clarify if RS 50000 intt earned from bank from all sources eg S/B +FDR+ RD etc are tax free in Fy 2018-19
N K Singla
SBI
Hi Sir,
It’s only applicable for Public sector or including pvt sector bank.
Employees of Private Banks which are members of IBA and participating in Bipartite wage settlement are getting same rate of DA.
Good afternoon,Sir,
What is the date of Revised-Gratuity payble to bank officer employees?
Not yet decided. Most probably the bill will be passed in the ensuing session of the Parliament.