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Calculate Your Salary with 2.5% Load Factor

Know the formula to calculate the hiked salary in 12th Bipartite Wage Revision for bankers   - In the recent concluded 12th BPS settlement between IBA and Bankers Union, it is decided to have 2.50% load factor on basic pay. The overall hike will be 16…

Calculate Your Salary with 15% Hike in 12th Bipartite Wage Revision

12th Bipartite Salary Revision Calculator - Calculate Your Salary with 15% Hike in 12th Bipartite Wage Revision by IBA. The recent offering may increase the salary of the bank employees by 15% on Payslip cost. Though the offer is being rejected by th…

How to Claim Income Tax Benefit on 11th BPS Arrears Payment ?

Know the steps to calculate and get the Income tax benefit on arrears payment using 89 (1) Relief Calculator in Excel – Every time whenever the bipartite arrears of salary or allowances are paid, the Income tax is deducted in the current financial ye…

Bank of Baroda Will Pay 11th BPS Arrears After 11th Jan 2021

Public Sector Bank of Baroda has announced that the arrears for their employees as per 11th Bipartite Wage settlement will be paid on 11th of Jan 2021.  11th BPS Revised Salary Implementation in Bank of Baroda Public Sector Bank of Baroda  has issue…

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 …

11th BPS Salary Payment to Officers - Circular

11thBPS Salary Payment to the officers of the State Bank of India, Canara Bank, Punjab National Bank, Bank of India, Bank of Baroda, Indian Overseas Bank, Bank of Maharashtra, Union Bank of India, Indian Bank, UCO Bank, Punjab & Sindh Bank, Centra…

11th BPS Revise Wage Payment to Clerks by Banks - Guidelines

Get the master guidelines on payment of revised salary and benefits  as per the 11th Bipartite wage settlement.  Salary settlement is being implemented by all the Public Sector Banks as per the Joint Note - The banks which are implementing the revised…

11th BPS Arrears Payment To Workmen Employees in SBI, Guidelines

11th BPS Arrears Payment to workmen employees in SBI - The Executive Committee of the SBI Central Board in its meeting held on accorded approval for implementation of the provisions of the above Settlements, as applicable, to the Bank.  The provision…

SBI to Pay Ad-hoc Arrears By 31st, Know the Guidelines

SBI to pay 11th BPS Arrears by 31st - The Executive Committee of the Central Board in its meeting held on 08.12.2020 has accorded approval for implementation of the provisions of the above Settlement, as applicable, to the Bank, subject to receipt of …

IOB has Started Sharing the 11th BPS Arrears Payment Sheet

Preparation for payment of 11th Bipartite Arrear is almost finished in many of the banks and Indian Overseas bank (IOB) has shared the calculation sheet with employees also. It is believed that the Government permission will be approved by this week …

Canara Bank Excel Based 11th BPS Salary Arrears Calculator

Official excel based 11th BPS Salary Calculator for bank employees by Canara Bank Officers Union (CBOO). The excel based S alary and Arrears Calculation package is not only for the canara bank rather for the benefit of all the officers in the Banking…

11th BPS Salary Arrears Calculator

11th BPS Arrears Calculator - Get the arrears calculators for 11th BPS Wage Revision and salary hike . Bank employees salary calculator for 11th Bipartite Wage settlement. The salary calculator is enabled for all the banks like SBI, Canara, BOB, BOI, …

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