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.
SLR or statutory liquidity ratio is the minimum percentage of deposits that a bank has to maintain in form of gold, cash or other approved securities.It is the ratio of liquid assets (cash and approved securities) to the demand and term liabilities / deposits.RBI is empowered to increase this ratio up to 40%.hat are CRR and SLR with respect to banks? CRR or cash reserve ratio is the minimum proportion / percentage of a bank's deposits to be held in the form of cash.