Dearness Relief payable to Bank Pensioners (Aug ’18 to Jan’19)
The percentage of Dearness Relief (DR) payable to the bank pensioners for the half year August 2018 to January 2019 will be as under. Retired on or after 11.2012: 541 slabs @ 0.10%=54.10% No of slabs Rate per Slab Percentage of DR payable DA on Basic Pension (Before commutation) 541 0.10% 54.10% Basic Pension ×…
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DA chart of Bank employees (August-October’18)
12 slabs increase in DA for Aug 2018 – Oct 2018 and 14 slabs increase in DA for Aug 2018 – January 2019 for Pensioners CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588.…
Read article DA Chart for Bank Sub-Staff (August-October 2018)
12 slabs increase in DA for Aug 2018 – Oct 2018 CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588. AVG CPI: (6573.85+6596.68+ 6642.33/3=. 19812.86/3=6604.28-4440=2164.28/4=541 slabs @ 0.10%=54.10% So Confirmed Increase in DA Slabs…
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Bank Officers DA (August-October 2018)
12 slabs increase in DA for bank officers, CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588. AVG CPI: (6573.85+6596.68+ 6642.33/3=. 19812.86/3=6604.28-4440=2164.28/4=541 slabs @ 0.10%=54.10 So Confirmed Increase in DA Slabs for Aug 2018…
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Bank employees DA on special pay (Latest)
12 slabs increase in DA for Aug 2018 – Oct 2018 CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI for April, May & June 2018 is 6588. AVG CPI: (6573.85+6596.68+ 6642.33/3=. 19812.86/3=6604.28-4440=2164.28/4=541 slabs @ 0.10%=54.10% So Confirmed Increase in DA Slabs…
How to calculate the payment of Gratuity?
(This post offers calculation of Gratuity in two different methods and also discusses tax liability on Gratuity received) The tax-exempt gratuity limit had already been raised to Rs. 20 lakh for government employees effective from 1 January 2016. Payment of Gratuity (Amendment) Act, 2018 is notified in the Government Gazette on 29th March 2018. The…
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