Leave Travel Allowance: Salaried employees can avail exemption for a trip within India under Leave Travel Allowance. The exemption is only for shortest distance on a trip. This allowance can only be claimed for a trip taken with your spouse, children and parents, but not with other relatives. ...
84 | SOCIAL ISLAMI BANK LIMITED Dear respected Shareholders, It is my great pleasure to welcome you all on behalf of the Board of Directors to the 26th Annual General Meeting of Social Islami Bank Limited and to present before you the Directors' Report along with the audited financial ...
on an average, he gets a 5% increment. He started at 25 years and worked till 60 years so his working life is, 35 years. He contributes 12% of his basic salary towards PF which is matched equally by one’s company, (EPF contribution is 3.67%, EPS 8.67%). ...
On 21 Mar 2018, Parliament has passed Payment of Gratuity(Amendment) Bill 2017 paving the way for doubling the limit of tax-free gratuity to Rs 20 lakh.It will also fix the maternity leave period to 26 weeks for the purpose of computation of continuous period.Before 24 May 2010, limit wa...