Expected DA Calculator from January 2021 (Updated Oct 2020)LFC 10th and 11th Bipartite Settlement As per 11th BI-Partite Settlement Dated on 11 November 2020, the new Leave Fare Concession (LFC) rules for Bank Subordinate and Non-subordinate Staff with effect from 1st November 2017. Leave Fare Concession in … [Read more...]
11 Bipartite Settlement – Complete Details of New Pay Scale, Increment, DA, HRA, TA and Special Allowance
11 Bipartite Settlement for Bank Employees and Officers Complete Details of New Pay Scale, Stagnation Increment, Dearness Allowance, House Rent Allowance, Transport Allowance and Special Allowance Pay scale Structure for Bank Employees after 11th … [Read more...]
11th Bipartite Settlement: 5 day week, Revision of pension in RBI pattern and Uniform DR
The point of dispute is with percentage of special allowance which is almost certain to increase from its existing 7.75%, 9% and 10%. This clearly exposes the design of IBA to deny merging special allowance with basic pay as “subjudice‟ matter. Now, … [Read more...]