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Budget 2021 Updates

Finance Minister Nirmala Sitharaman listed Health & well-being,     Physical & financial capital & infrastructure,    Inclusive development for aspirational India,    Reinvigorating human capital,     Innovation & R&D, and     Minimum Govt & Maximum Governance as the main pillars of Budget 2021. The highlights of budget 2021 announcements are as under: TAX RULES FOR INDIVIDUALS: No…

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Sovereign Gold Bond rate fixed at Rs.4862

RBI on Friday announced that Sovereign Gold Bond Scheme 2020-21 – Series XI will be open for subscription from February 01, 2021, to February 05, 2021. The nominal value of the bond is fixed at Rs.4912 (Rupees Four thousand nine hundred and twelve only) per gram of gold.The investors who will be applying online and…

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Dearness relief for Bank Pensioners from Feb 2021 to July 2021

Based on the CPI announced, the average index number works out to7849 (base 1960=100). It means Dearness relief for the Bank pensioners will be77 slabs. The details of the percentage of dearness relief payable for the period from February 2021 to July 2021 to bank pensioners retired at various periods are as under. October 2020…

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Bank Officers’ Dearness Allowance chart for Feb to April 2021

Based on the CPI announced, the average index number works out to 7849 (base 1960=100). It means Dearness Allowance for the bank staff will be 374 slabs (26.18% %) or an increase of 34 slabs over the previous Quarter. Click below to know the eligible DA for the period February 2021 to April 2021 Scale…

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Bank Clerical: Dearness Allowance from Feb to April 2021

Based on the CPI announced, the average index number works out to 7849 (base 1960=100). It means Dearness Allowance for the bank staff will be 374 slabs (26.18% %) or an increase of 34 slabs over the previous Quarter. Click below to know the eligible DA for the period February 2021 to April 2021 BASIC…

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