Day: March 13, 2019

5 allowances that are taxable for employees

1. Dearness Allowance (DA) is provided for the adjustments of infl ationary effect on the cost of living to public sector employees. 2. City Compensation Allowance (CCA) is offered to the employees to meet the living expenses in areas like the metros and big cities. 3. Entertainment Allowance is offered […]

SBI doorstep banking: Check out if you are eligible for it

India’s largest commercial bank, the State Bank of India (SBI), has launched ‘Doorstep Banking’ for senior citizen customers over 70 years of age, differently-abled customers and infirm customers, including visually-impaired customers. As per the press release issued by the bank , under this new facility customers will be able to […]