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Thursday, 26 March 2015

Expected Dearness Allowance from July 2015 for Central Govt. Employees & Pensioners :

Expected Dearness Allowance from July 2015 for Central Govt. Employees & Pensioners :


           
The CDA may be increased by 6.0% i.e upto 119.0% w.e.f. 01-July-2015  depends upon the Average AICPIN of the months Jul'14 to Jun'15.

HOW TO MAKE MORE MONEY WITH SBI SAVINGS PLUS ACCOUNT

HOW TO MAKE MORE MONEY WITH SBI SAVINGS PLUS ACCOUNT
Savings Plus Account is a Savings Bank Account linked to MODS, wherein surplus fund above a threshold limit from the Savings Bank Account is transferred automatically to Term Deposits opened in multiples of Rs. 1000 and will eligible to earn interest at higher rate see deposit rate.
  • Any surplus funds retaining a minimum of Rs. 25000/ in Savings Bank(to be set up by the customer) will be transferred as Term Deposit with a minimum of Rs. 10000/- and in multiple of Rs. 1000/- at one instance

  • Account holder has the flexibility to choose the period of deposit from 1 year to 5 years.

  • Payments in excess of available balance in the Savings bank Account can be made by breaking MODs Last In First Out.

Tuesday, 17 March 2015

Difference between IDA and CDA Pay Scale

Although both IDA & CDA are calculated w.r.t. Average AICPI(IW), there is difference between IDA & CDA. It happens because of difference in date of implementation of revised pay scales.

Wednesday, 4 March 2015

RBI Reduces the Repo Rate by 0.25%


RBI Reduces the Repo Rate by 0.25% from 7.75% to 7.5%.
RBI announces today to-
  1. reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect.

Saturday, 28 February 2015

Income Tax Rates For Financial Year 2015-16

Income Tax Rates For F/Y 2015-16

The Income Tax rate slab For F/Y 2015-16 is being continued in Union Budget 2015-16 as it was in  F/Y 2014-15. There is no change in exemption limit.

Monday, 23 February 2015

How to Validate Digital Signatures in e-Aadhaar Card

Steps to Validate Digital Signatures

Know After You Download

  • If you see 'validity unknown' icon on your e-Aadhaar, thenclick here to follow instructions 
  • Please use your postal code as password to open the E-Aadhaar pdf file.

Friday, 9 January 2015

Expected IDA From April 2015 for CPSU Employees

Expected IDA From April 2015 for CPSU Employees

  
The IDA w.e.f. 01-April-2015 depends upon the Average All India Consumer Price Index Numbers (Industrial Worker) of the months December-2014, January-2015 & February-2015.
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Monday, 24 November 2014

BSNL invites application for the post of JAOs

Recruitment of Junior Account Officer (JAOs)

No. of Posts : 962
Last Date for applying Online: 31/12/2014
Examination Date: 22/02/2015
Scale of Pay: IDA Pay Scale- Rs. 16400-40500
See More...

Friday, 3 October 2014

IDA Increase From January 2015 for CPSU Employees

IDA From January 2015 for CPSU Employees

  
The IDA w.e.f. 01-January-2015 depends upon the Average All India Consumer Price Index Numbers (Industrial Worker) of the months September-2014, October-2014 & November-2014.
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Thursday, 4 September 2014

Central Govt. approves hike in Dearness Allowance from July 2014 for Central Govt. Employees & Pensioners by 7%

Friday, 15 August 2014

SBI MODS (Multi Option Deposit)

SBI MODS (Multi Option Deposit)

The MOD (Multi Option Deposit) account is a combination of your transactional (debit) account and deposit account. These are the Time Deposits but at the time of need for funds, withdrawals can be made in units of Rs.1,000/- from the deposits by issuing a cheque from Savings Bank Account or from ATM / branch or through any other channel. This kind of deposits is completely liquid. The sum of available balance in the transactional account and MOD balance can be used for issuing cheques or withdrawal or making any other payment.

Key Features: