allowances and deduction from employment income Allowance = amount provided by an employer to an employee The only allowance that is not taxable are reasonable travel allowances; all other allowances are
SLR, statutory liquidity ratio is the amount of money that is invested in certain specified securities predominantly central government and state government securities. Once again this percentage is of the percentage of the total bank deposits available as far as the particular bank is concerned.epo rate is a rate at which banks borrow from RBI for short periods up to 7 or 14 days but predominantly overnight. RBI manages this repo rate which is the cost of credit for the bank.
Rama sub is a gud answer for CRR... SLR is statutory liquid ratio, this is the % of deposits that need to be maintained as liquid thru' investing in RBI bonds. SLR includes CRR, for example CRR is 7% and SLR is 10%, the 3% should be can non-cash investments.his ratio (what part of the total deposits is to be held as cash) is stipulated by the RBI and is known as the CRR, the cash reserve ratio. When a bankâs deposits increase by Rs100, and if the cash reserve ratio is 10, banks will hold Rs10 with the RBI and lend Rs 90.