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Bank Employees DA on special pay: Feb-Apr 2019

In terms of Consumer Price Index Numbers announced by Labour Bureau of India, the average index numbers for October ‘18 to December ‘18 works out to 6885. It means bank staff will get 4 slabs increase in DA for the ensuing quarter February 2019 to April 2019. In the other words Bank Staff will get…

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Bank Officers Dearness Allowance: DA Chart For Feb-Apr 2019

In terms of Consumer Price Index Numbers announced by  Labour Bureau of India, the average index numbers for October ‘18 to December ‘18 works out to 6885. It means bank staff will get 4 slabs increase in DA for the ensuing quarter February 2019 to April 2019. In the other words Bank Officers will get…

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Income tax calculation for the FY 2018-19

Key changes announced in the Union budget 2018 are as under For individuals below 60 years of age Standard deduction of Rs. 40,000 for salaried employees in lieu of transport and medical expenses Health and education cess has been increased to 4 per cent from earlier 3 per cent Surcharge of 10 % on income…

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11th BPS/Joint Note (Talks held on November 30, 2018)

11th BPS/Joint Note (Talks held on November 30, 2018) In today’s meeting (30.11.2018), IBA improved their offer to 8%. We(UFBU) replied it is far below our expectation and urged upon them to improve their offer. We also demanded full mandate. These issues will be pursued further. Thereafter UFBU meeting decided to go on strike on…

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