The Central government's decision to raise employees' dearness allowance by 4% to 50% has led to a 25% increase in retirement gratuity and death gratuity limits, effective from January 1, 2024. This revision, in line with the Seventh CPC recommendations, brings the cap to Rs 25 lakh from Rs 20 lakh.
In June 2024, all private and public sector banks in India will observe 10 holidays, including regional holidays, second and fourth Saturdays, and all Sundays. Online banking services will still be available on these days.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Wednesday. While BSE Sensex dipped over 650 points, Nifty50 went below 22,750.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Wednesday. While BSE Sensex dipped over 600 points, Nifty50 went below 22,750.