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 a commercial bank needs to maintain in the form of cash or gold or govt approved securities bonds before providing credit to its customersslr rate is determined and maintained by the rbi reserve bank of india in order to control the expansion of bank creditlr statutory liquidity ratio is the amount a commercial bank needs to maintain in the form of cash or gold or govt approved securities bonds before providing credit to its customers
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.