On the basis of CPI data announced by the Labour Bureau for the period of April 2020 to June 2020, the average index number works out to 7540 (base 1960=100) or 775-slabs(77.50 %) for the above period. It means bank employees and officers have entitled dearness allowance to an increase of 14 slabs (1.40%) for the ensuing quarter of August 2020 to October 2020.
Click below for latest DA chart
D.A. Chart of Bank officer for the quarter of August 2020 to October 2020
D.A. Chart of Bank clerical staff for the quarter of August 2020 to October 2020
D.A.Chart of Bank sub-staff for the quarter of August 2020 to October 2020
Dearness Allowance payable on the special allowance for the quarter of August- October 2020
DEARNESS RELIEF FOR PENSIONER from August 2020 to February 2021
This article explains the assumptions and key aspects of approaches to capital structuring, including the…
A company's capital structure is influenced by various factors, including its size, profitability, growth prospects,…
Leverage and gearing are financial terms that refer to the use of debt by a…
Capital structure is the combination of debt and equity used by a company to finance…
The foreign exchange market, or Forex Market (FX market), is a global decentralized over-the-counter (OTC)…
A currency forward contract is a customized, written contract between two parties that sets a…