11th Circular Issued in Canara Bank for Collection of Levy @4%

Breaking

Post Top Ad

Read in Your Language

Get 11th Bipartite Daily Updates, Enter your email address:

Tuesday, 29 December 2020

Circular Issued in Canara Bank for Collection of Levy @4%

11th Bipartite Wage Settlement was done in the month of November still many banks have not paid the arrears and revised salary to their employees but the demand of LEVY has come for the payment


Public Sector Canara Bank along with other banks have issued the circular for payment of LEVY by employees to various unions of workmen and officers.


The mentioned circular has also given the option to choose for 'payment' or 'non payment' of Levy, which is to be opted before 30th Dec.


The rate of arrears are different as per the various Unions of Workmen and officers. The rate at which the levy is demanded by the Unions are :


1. Workmen Union - On an average 4% of  (Gross Arrears - PF/NPS-Income tax)


2. Staff Federation - 3% of  (Gross Arrears - PF/NPS-Income tax)


3. Officers Union - 2% of (Gross Arrears - Income tax)


It is also nice to see hear that the Canara Bank Officers Association (CBOA) & COO has not demanded any LEVY from their members, 'No Levy from the Members' : Canara Bank Officers Union (CBOO).


Where as the AIBEA has demanded for the Levy at 4% from their members, AIBEA Directs Union Members for LEVY @4% From Net Salary


No comments:

Post a comment

Get 11th Bipartite Daily Updates, Enter your email address:

Join 11th BPS Group

 
11th Bipartite Settlement
Private group · 15,731 members
Join Group
Discussion on 11th Bipartite Wage Settlement for public sector's bank employees. Join this group for latest updates.
 

Followers

Post Top Ad