What is Deferred Tax Liabilities (DTL)?
Deferred Tax Liability (DTL) can be defined as Provision for Future Taxation or an obligation to pay taxes in the future.The DTL reported on an organization’s balance sheet represents the net difference between the taxes that are paid in the current accounting period and the tax that is assessed or is due for the current…
Read article
What is Leverage Ratio of assets to capital?
Assume, a bank keeps all the deposits collected from the customers in its vaults. It is an ideal situation to a bank that it has large quantity of liquid capital to return the money back to the depositors as and when they demand it. However, keeping customer’s deposits without using doesn’t earn any money to…
Read article
What is capital reserve?
The term capital reserve is sometimes used for the capital buffers that banks have to establish to meet regulatory requirements which are different from cash reserves that banks to maintain as per Central Bank (RBI) regulations. In general terms, a capital reserve is an account on the balance sheet of a company that can be…
Read article
DA for Bank Staff from November 2018 to January 2019
As per Labour Bureau, CPI for the month of July 2018, August 2018 and September 2018 is 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of Novemeber 2018 to Janaury 2019. That means an increase of DA by 6.6 % from the existing 54.10%.…
Read article
DA for Bank Officers from November 2018 to January 2019
As per Labour Bureau, CPI for the month of July 2018, August 2018 and September 2018 is 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of Novemeber 2018 to Janaury 2019. That means an increase of DA by 6.6 % from the existing 54.10%.…
DA for Bank employees from November 2018 to January 2019
As per Labour Bureau announcement CPI for the months of July 2018, August 2018 and September 2018 are 301,301 and 301 respectively. Accordingly, DA for bank employees and officers is increased by 66 slabs for the months of November 2018 to January 2019. That means an increase of DA by 6.6 % from the existing…
Read article