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
What is SLR? (For Non Bankers) : SLR stands for Statutory Liquidity Ratio. This term is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities.For Non Bankers) : SLR stands for Statutory Liquidity Ratio. This term is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities.