Tag RBI retirees
Data indicates an increase of 23 slabs for RBI Pensioners, Family Pensioners, and other Bank Pensioners whose pension is merged at 6352 points.
The increase is 1.61% over the earlier half year and the total DR comes to 50.12% of the Basic Pension. The details are given in the chart below.
Notably, the RBI transferred a surplus of Rs 9,75,118 crores to the Government of India between 2011/12 and 2023/24, a remarkable achievement.
RBI Pensioners may note the following information for Income tax guidelines about matters like reporting savings, investments, and claiming rebates/deductions to the offices concerned for the Financial Year (FY) 2024-25. New Tax Regime a) By default, the TAX REGIME from… Continue Reading →
RBI has recently made a significant modification to the Master circular Para 12.1 Master Circular modified: As per para 12.1 the dispensary facility such as free treatment and issue of drugs on credit slips as per norms is accessible only… Continue Reading →
As we enter 2024, let us carry the spirit of resilience and unwavering determination.
Here’s to a brighter future, filled with hope, prosperity, and a well-deserved recognition of the valuable contributions retirees have made to the banking sector.
There is an increase in bed charges and ICU charges
With effect from 1st March 2019, the family pension payable to the spouse of a deceased employee of RBI shall be at the rate of 30% of pay uniformly subject to minimum of ₹9,000 per month, and a maximum of 30% of the highest pay per month in the Bank.
After the expiry of the earlier cashless GMP policy under(MAFS) on August 14, 2023, RBI has extended the policy with the New India Assurance Co. Ltd. for the period up to 31.12.23 on the same terms and conditions.The new policy… Continue Reading →
Data for the half year ending June 23 Labour Bureau, M/o Labour and Employment have released the All-India Consumer Price Index numbers -AICPIN for the half year ending June 23 and the data is shown in chart above: 44 slabs… Continue Reading →
PPN stands for Preferred Provider Network /Preferred Partner Network.
It means a Network of hospitals in India which have agreed to cashless package pricing for the insured. Every hospital that has a tie-up with the insurance company maintains three different rates for the same treatment.