Consumer Price Index for October 2023, November 2023, and December 2023 are respectively- 138.40, 139.10, and 138.80. It works out to 63 slabs of additional DR for the quarter from February 2024 to April 2024.
Pending amendments to wage revision, Banks may pay the Dearness Relief payable to Bank clerical Staff for the period February 2024 to April 2024 as below.
| BASIC | NEW DA |
| 17900 | 10107 |
| 18900 | 10672 |
| 19900 | 11237 |
| 20900 | 11801 |
| 22130 | 12496 |
| 23360 | 13190 |
| 24590 | 13885 |
| 26080 | 14726 |
| 27570 | 15568 |
| 29060 | 16409 |
| 30550 | 17250 |
| 32280 | 18227 |
| 34010 | 19204 |
| 35740 | 20181 |
| 37470 | 21158 |
| 39200 | 22135 |
| 40930 | 23111 |
| 42660 | 24088 |
| 45930 | 25935 |
| 47920 | 27058 |
| 49910 | 28182 |
| 51900 | 29306 |
| 53890 | 30429 |
| 55880 | 31553 |
| 57870 | 32677 |
| 59860 | 33800 |
| 61850 | 34924 |
| 63840 | 36048 |
| 65830 | 37171 |
A computerized accounting system is a software application that automates financial records and reporting processes…
As the name says ‘computerised accounting’ is the use of computers, software, and hardware to…
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission…
The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis…
The term "accounting treatment" represents the prescribed manner or method in which an accountant records…
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…