Dearness allowance: DA chart of Bank Officers from February 2020 to April 2020
On the basis of CPI data announced by the Labour Bureau for the period of October 2019 to December 2019, the average index number works out to 7479 (base 1960=100) or 759 slabs for the above period. It means bank officers are entitled to 759 slabs (75.90%) or enhancement of 42 slabs (4.20%) dearness allowance…
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Dearness allowance: DA chart of Bank clerical staff from February 2020 to April 2020
On the basis of CPI data announced by the Labour Bureau for the period of October 2019 to December 2019, the average index number works out to 7479 (base 1960=100) or 759 slabs for the above period. It means bank employees are entitled to 759 slabs (75.90%) or enhancement of 42 slabs (4.20%) dearness allowance…
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Dearness allowance: DA chart on Special allowance of Bank Employees from February 2020 to April 2020
On the basis of CPI data announced by the Labour Bureau for the period of October 2019 to December 2019, the average index number works out to 7479 (base 1960=100) or 759 slabs for the above period. It means bank employees are entitled to 756 slabs (75.90%) or enhancement of 42 slabs (4.20%) dearness allowance…
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Dearness allowance: DA chart of Bank Sub-Staff from February 2020 to April 2020
On the basis of CPI data announced by the Labour Bureau for the period of October 2019 to December 2019, the average index number works out to 7464 (base 1960=100) or 759 slabs for the above period. It means sub-staff of bank employees are entitled to 759 slabs (75.90%) or enhancement of 42 slabs (4.20%)…
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What is deficit financing?
An excess of estimated expenditure over the estimated revenue over a specific period of time is known as fiscal deficit. The term deficit financing is generally referred to as a technique used by a government to manage the ‘Fiscal Deficit’ in budgetary situations. Governments across the world normally resort to cover the deficit (the gap…
Revised guidelines for Merchanting Trade Transactions (MTT)
In the Indian context, when a transaction involves the shipment of goods from one foreign country to another foreign country through an Indian Intermediary it is called merchanting trade or Intermediary trade. Goods involved in the merchanting trade transactions would be the ones that are permitted for exports/imports under the prevailing Foreign Trade Policy (FTP)…
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