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Budget 2018 highlights

Tax proposals for Salaried Class: No change in income slabs for salaried class. Health and education cess has been increased to 4 per cent Standard deduction of Rs. 40,000 for salaried employees in lieu of transport and medical expenses Education cess: 3% to 4% Surcharge of 10 % on income above Rs 50 lakh but…

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Latest Dearness Relief chart for Bank Pensioners

(The DA relief for Bank Pensioners is continuously updated on this site as soon as the ministry of labour releases consumer price index (For example DA chart for the months of February to July   will be updated on 31st Jan, and  DA chart for the  months of August to January will be updated on 31…

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Bank officers and employees Dearness Allowance (Latest DA Chart)

Latest update: 31.01.2018 As announced by the Labour Bureau of the Government today (31.01.2018), the average index numbers for October ‘17 to December ‘17 works out Bank employees and Officers DA Chart for Feb ’18 to Apr ‘18to 6551.01. It means 12 slabs (1.20% ) increase in DA  for the ensuing quarter February 2018 to…

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Statewise lists of bank holidays 2018 in India

(This post offers you holidays lists of 31 states viz.1.Andhra Pradesh, 2.Arunachal Pradesh, 3.Assam, 4.Bihar, 5. Chhattisgarh,  6. Delhi, 7. Goa, 8.Gujarat,9. Haryana,10. Himachal Pradesh, 11.Jammu & Kashmir,  12.Jharkhand, 13.Karnataka, 14.Kerala, 15.Madhya Pradesh, 16. Maharashtra,  17. Manipur,                   18. Meghalaya, 19.Mizoram,20. Nagaland,  21.Odisha, 22. Pudhucherry, 23.Punjab,  24.Rajasthan, 25.Sikkim, 26.Tamilnadu, 27.Telangana, 28.Tripura, 29.Uttarkhand, 30.Uttar Pradesh, 31. West…

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Bank Holidays 2018 declared by Sikkim Government

(Calendar of Public Holidays in SIKKIM under NI Acts) Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory.  In other States…

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Bank Holidays 2018 declared by Tripura Government

(Calendar of Public Holidays in Tripura under  sec 25 of NI Acts) Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory. …

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