Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers

Bank Employees Pay Scale as on May 2015 – Detailed Entry Level Salary for Clerk, Sub-staff, Officers ALL INDIA PNB STAFF FEDERATION (Affiliated to N.C.B.E.) Central Office: R-8/38 Raj Nagar Ghaziabad (U.P.) Ph. /Fax No: 0120-4136800 Mobile (G.S.): 9818562336 E-mail: aipnbsf@yahoo.co.in Website: www.aipnbsf.org Camp Office: Punjab National Bank Preet Vihar, Delhi-92 Circular No. 11/2015 Dated: 20.05.2015 TO ALL MEMBERS 10th BIPARTITE SETTLEMENT...

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Financial Components of Wage Revision – AIBOA Circular

Financial Components of Wage Revision – AIBOA Circular ALL INDIA BANK OFFICERS’ ASSOCIATION Circular No.10/VI/2015 May 20,2015 Camp :Mumbai All Units / State Committees Dear Comrades, Understanding reached on financial components of wage revision. 7th Joint Note to be inked on 25th May 2015 at Mumbai Today, the penultimate round on the current wage revision was held at IBA Office, Cuffe Parade, Mumbai at 2.30 p.m. The IBA team was led by Shri Arun Tiwari, CMD, Union Bank, Shri Ashwini Mehra, DMD, SBI, Shri M. V. Tanksale, CEO,...

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All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers

All India Bank Officers Association presents Pay & Arrears Calculator for Bank Officers AIBOA has presented a new updated pay and arrears calculator for bank officers through on its official website. Please click here to download the Pay & Arrears Calculator Joint Note to be signed between Officers Organisations and IBA As soon as the the joint note is signed we shall up load the full text of the same. In the meanwhile we furnish here under the HIGHLIGHTS of pay AND other details on which areas of agreement reached for information...

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EPFO to deduct TDS on PF withdrawals in some cases from June

EPFO to deduct TDS on PF withdrawals in some cases from June New Delhi: Retirement fund body EPFO will deduct tax at source from next month on PF withdrawals where accumulations are over Rs 30,000 and the employee has worked less than five years. “The Finance Act, 2015 (20 of 2015) has inserted a new section 192A regarding the payment of accumulated provident fund balance due to an employee. The provision shall take effect from June 1, 2015,” an EPFO circular said today. “Income Tax shall be deducted at source (TDS)… If at the time of...

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PSU bank employees will soon get pay hike, arrears for 30 months

PSU bank employees will soon get pay hike, arrears for 30 monthsMumbai, May 22:  Employees of public sector banks, old generation private sector banks and some foreign banks will be a happy lot as they will soon get 15 per cent pay hike, arrears for the last 30 months, and other benefits as part of a deal that the unions and bank managements have reached.Unions, under the aegis of the United Forum of Bank Unions, and bank managements, represented by the Indian Banks’ Association, have worked out a detailed Bipartite Settlement/ Joint...

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