Bank Clerical Staff DA (Aug-Oct 2018)

12 slabs increase in DA for Aug 2018 – Oct 2018 and CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588. AVG CPI: (6573.85+6596.68+ 6642.33/3=. 19812.86/3=6604.28-4440=2164.28/4=541 slabs @ 0.10%=54.10% So Confirmed Increase in DA…

Swaps in ATMs

  In terms of recommendations of Shri.D.K.Mohanty Committee on Currency Movement(CCM), RBI advised all the banks to consider using lockable cassettes in their ATMs which shall be swapped at the time of cash replenishment. The above decision was taken by the Central Bank in order to mitigate risks involved in open cash replenishment/top up. RBI…

Budget 2018 highlights

Tax proposals for Salaried Class: No change in income slabs for salaried class. Health and education cess has been increased to 4 per cent Standard deduction of Rs. 40,000 for salaried employees in lieu of transport and medical expenses Education cess: 3% to 4% Surcharge of 10 % on income above Rs 50 lakh but…

Statewise lists of bank holidays 2018 in India

(This post offers you holidays lists of 31 states viz.1.Andhra Pradesh, 2.Arunachal Pradesh, 3.Assam, 4.Bihar, 5. Chhattisgarh,  6. Delhi, 7. Goa, 8.Gujarat,9. Haryana,10. Himachal Pradesh, 11.Jammu & Kashmir,  12.Jharkhand, 13.Karnataka, 14.Kerala, 15.Madhya Pradesh, 16. Maharashtra,  17. Manipur,                   18. Meghalaya, 19.Mizoram,20. Nagaland,  21.Odisha, 22. Pudhucherry, 23.Punjab,  24.Rajasthan, 25.Sikkim, 26.Tamilnadu, 27.Telangana, 28.Tripura, 29.Uttarkhand, 30.Uttar Pradesh, 31. West…