EXPLAINED: Big Blow To Bank Employees! SC Says Interest-Free Loans Availed By Bank Staff Taxable
SC ruling said, benefit enjoyed by bank employees from interest-free loans or loans at a concessional rate is a unique benefit/advantage enjoyed by them and hence is liable to taxation.
May 09, 2024, 11:03 AM ISTAmid debate on 3 offs a week, Indian bank employees want 5 days work-week; here's why
Employees at the bank began working on alternate Saturdays seven years ago. Since 2015, bank unions have been clamouring for time off on all Saturdays and Sundays.
Jun 13, 2022, 18:44 PM ISTBank Strike in June: Banking operations to get affected on THESE days
Banking activities may be impacted if the strike takes place. The demands include pension updates and revisions for all retirees, and others.
Jun 10, 2022, 16:16 PM ISTBank Strike Today: SBI and other bank services across country hit
As a result of the two-day strike, services such as deposits and withdrawals at branches, check clearance, and loan applications are still delayed.
Dec 17, 2021, 10:50 AM ISTDNA: What bank employees want from the government?
DNA, which is highly popular among millions of TV viewers worldwide for its accurate, unbiased and in-depth reporting of issues of utmost concerns to the country, is hosted by Zee News Editor-in-Chief Sudhir Chaudhary. In this segment of the DNA, know why bank employees are opposing privatization of banks.
Mar 16, 2021, 23:38 PM ISTBank unions, IBA agree on 15% annual wage hike; 8.5 lakh employees, officers set to benefit
As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.
Jul 23, 2020, 01:50 AM ISTTalks with govt fail, bank unions call 24-hour strike today against merger
Besides several central trade unions, the All India Bank Officers' Association (AIBOA) has also extended support to the strike. AIBOA has clearly asked its members to not join work today.
Section of PSU bank unions threatens strike on December 27
Following the strike call, many banks including State Bank of India (SBI), Vijaya Bank have already informed their customers about inconvenience if it materialises.
Dec 18, 2017, 18:48 PM ISTBank employees call for protest march on Sept 15
Bank employees plan to conduct "March to Parliament" on September 15 to draw the government's attention towards various issues, Deepak Kumar Sharma, General secretary of SBI Officers Association, Chandigarh Circle, said here.
Sep 11, 2017, 23:49 PM ISTBank strike on August 22: Banking operations likely to be affected
Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
Aug 21, 2017, 09:31 AM ISTBank strike on August 22: All you need to know
In order to protest against the banking reforms proposed by the Centre, the bank employees are calling strike on August 22.
Aug 17, 2017, 17:39 PM ISTRBI exempts banks from opening on Apr 1 on annual closing
Reversing its earlier order, the Reserve Bank on Wednesday said the bank branches dealing in government businesses need not remain open on April 1 in view of the annual closing business.
Mar 29, 2017, 16:01 PM ISTBank employees threaten nation-wide strike on Feb 7
A section of bank trade unions have threatened to go on a day-long nation-wide strike on February 7 to press various demands including complete removal of restrictions imposed during demonetisation period and safeguarding the autonomy of the Reserve Bank of India.
Jan 20, 2017, 15:33 PM ISTHere is why Banks employees want to shut shop for 15 days
Even those handling wads of notes on a daily basis are a harried lot. The reference is to bank employees. The struggle to manage the cash requirement of common public has raised their stress level. They would like the Reserve Bank of India( RBI)to close bank branches until sufficient quantities of currency notes supplies reach banks.
Dec 05, 2016, 10:24 AM ISTBank employees to join national strike on September 2
Nearly 5 lakh bank union workers and officers are set to join the strike called by trade unions on September 2 to protest against what they call anti-people policies of the Modi government and labour reforms.
Aug 18, 2016, 17:51 PM ISTIDBI Bank employees give strike call on Mar 28
A section of officers and employees of IDBI Bank today called for a one-day strike on March 28 to protest against the government's proposed stake sale in the state-run lender
Mar 16, 2016, 21:47 PM ISTWon't write off any bad loans, defaulters won't be spared: Arun Jaitley
Finance Minister Arun Jaitley on Saturday said that defaulters will not be spared as the government will not write off any bad loans.
Mar 05, 2016, 17:08 PM ISTBank employees to go on nationwide strike on December 2
Bank employees will observe a country-wide strike on December 2, a leading union said on Saturday.
Oct 24, 2015, 21:35 PM ISTNew health cover for bank employees to be ready by month-end
All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.
Aug 02, 2015, 15:03 PM ISTNation-wide bank strike on June 24
The All India Bank Employees Association (AIBEA) on Saturday called for a nation-wide strike on June 24 in support of various demands of the State Sector Bank Employees Association (SSBEA).
May 30, 2015, 16:21 PM IST