Dearness allowance payable to Bank Sub-staff for Feb-April 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…
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Dearness allowance on bank employees special Pay for February-April 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 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…
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Infrastructure Investment Trusts (InvITs): Types,taxation, and structure
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…
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History of Investments in REIT: A New Avenue for retail investors in India
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…
Read article Difference between REIT and REIT mutual funds explained
The key difference between a REIT and a mutual fund is that that; Related Posts:
RBI guidance on Credit Default Swap
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…
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