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
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.