Expected DA for banker from May 2023

Expected DA Calculation Updated on 31.03.23 on the basis of CPI for the months of Jan'23, Feb'23 & assumptions of CPI for the month of Mar'23 as mentioned hereunder. The CPI for the month of Feb'23 announced today i.e. on 31.03.23 as 132.70; declined by 0.10 from the last month (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of 0.50 points CPI in the month of Mar'23. it is assumed keeping in view on going regular rise in prices of commonly required daily needs items / commodities which is making month over month difficult to manage family budget; whereas it is quite surprisingly that in the month Feb'23 CPI index is down by 0.10 point from the last month. Accordingly, on the this assumption, we may expect there would be an increase of 8 slabs and the total tentatively revised DA slabs would be 596 from May'23 in terms of 11th BPS.
2. On assumptions if there is an increase of 0.30 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 595 from May'23 in terms of 11th BPS.
3. On assumptions if there is an increase of 0.20 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 594 from May'23 in terms of 11th BPS.

Let's say it again and again till all 140 cr Indian acknowledge this

Satyajit Roy - Master of Film Maker

সত্যজিৎ রায় - মাস্টার অফ ফিল্ম মেকার

সত্যজিৎ রায় তার জীবদ্দশায় প্রচুর পুরস্কার পেয়েছেন। তিনিই দ্বিতীয় চলচ্চিত্র ব্যক্তিত্ব যাঁকে অক্সফোর্ড বিশ্ববিদ্যালয় সাম্মানিক ডক্টরেট ডিগ্রি প্রদান করে। প্রথম চলচ্চিত্র ব্যক্তিত্ব হিসেবে অক্সফোর্ডের ডিলিট পেয়েছিলেন চার্লি চ্যাপলিন। ১৯৮৭ সালে ফ্রান্সের সরকার তাকে সেদেশের বিশেষ সম্মনসূচক পুরস্কার লেজিওঁ দনরে ভূষিত করে। ১৯৮৫ সালে পান ভারতের সর্বোচ্চ চলচ্চিত্র পুরস্কার দাদাসাহেব ফালকে পুরস্কার। 

১৯৯২ সালে মৃত্যুর কিছুদিন পূর্বে একাডেমি অফ মোশন পিকচার আর্টস অ্যান্ড সাইন্সেস তাকে আজীবন সম্মাননাস্বরূপ একাডেমি সম্মানসূচক পুরস্কার প্রদান করে। মৃত্যুর কিছুদিন পূর্বেই ভারত সরকার তাকে প্রদান করেন দেশের সর্বোচ্চ অসামরিক সম্মান ভারতরত্ন। সেই বছরেই মৃত্যুর পরে তাকে মরণোত্তর আকিরা কুরোসাওয়া পুরস্কার প্রদান করা হয়। প্রয়াত পরিচালকের পক্ষে এই পুরস্কার গ্রহণ করেন শর্মিলা ঠাকুর।

Satyajit Roy - Master of Film Maker
Satyajit Roy received many awards during his lifetime. He is the second film personality to be awarded an honorary doctorate by the University of Oxford. Charlie Chaplin was the first film personality to receive a degree from Oxford. In 1987, the French government awarded him the Legion d'honneur, a special honorary award of that country. In 1985, he received the Dadasaheb Phalke Award, India's highest film award.

Shortly before his death in 1992, the Academy of Motion Picture Arts and Sciences presented him with an Academy Honorary Lifetime Achievement Award. Shortly before his death, the Indian government awarded him the country's highest civilian honor, the Bharat Ratna. He was posthumously awarded the Akira Kurosawa Award later that year. Sharmila Tagore accepted the award on behalf of the late director.

RBI asks banks to make extra provisioning on top 20 business houses

To ready up for any contingency, the Reserve Bank of India has advised banks to set aside specific provisioning towards their exposure to top 20 conglomerates of India.

Highly placed sources say that the move is more to lean on the side of caution and should not be construed as any ‘warning signal’ from the regulator.

PSU banks and private banks are in a much better shape now than before. Therefore, the regulator felt that it would be good for the system if banks start taking prudential provisioning on business groups now,” said senior banker aware of the matter.

It is learnt that the regulator was mulling on these lines after the FY22 annual inspection, which concluded for most banks by September–November last year, but the decision to implement the need for prudential provisioning became imminent in the wake of ongoing collapses of banks in the US and Europe.

Some of large corporations also have significant foreign debt exposure in the form of bonds and loans and it would be better to be step ahead of the curve to ensure that banks in India don’t suffer because of the global turmoil,” said another senior executive who didn’t want to be named. Reliance Industries, Adani group and Vedanta are conglomerates to name a few, with heavy exposure to foreign debT

An email sent to RBI seeking confirmation remained unanswered till press time.

Another banker aware of the matter added that with overall asset quality position and profitability of the banking system at a multi-decade best level, the RBI felt that now would be a good time to shore up some provisioning to meet any contingencies.

In the recently-concluded meeting with PSU bank chiefs, the Finance Ministry has also asked PSU banks to identify stress points, including “concentration risks and adverse exposures”.

Won’t hit P&L

When asked whether the move would hurt the profits of banks significantly, most bankers said it won’t; the reason being the freedom available with banks to decide on the quantum of provisioning. Since the top 20 conglomerates are standard assets for the banking system and the nudge by the regulator is more towards building a buffer, banks can decide on how much they would want to set aside if they have exposure to any of the 20 conglomerates.

“The regulations require us to take at least five per cent provisioning in a year towards these group exposures, but some may want to maintain a slightly higher sum, at an entity-level,” said a CEO of a private bank. The prudential provisioning will reflect as part of provisioning buffer held by banks. However, even if banks have already created a floating provision, this exercise would be in addition to that and should be identifiable with the group exposure.

Why PAN is not identity proof?

Why PAN is not identity proof?

as PAN card do not hold any address. you need a address proof with photograph on it.

Is PAN an officially valid document?

 Is PAN an officially valid document?

Officially valid documents (OVDs) for KYC purposes include Passport, driving licence, voters' ID card, PAN card, Aadhaar letter issued by UIDAI and Job Card issued by NREGA signed by a State Government official

What are the list of valid OVDs?

Officially Valid documents (OVDs):

The Passport • The Driving Licence • The voter identity card issued by the Election Commission of India • Job card issued NREGA duly signed by an officer of the State

 Government • Letter issued by the National Population Registrar containing details of name and address.

Is PAN invalid without Aadhaar?

If an individual does not link PAN to Aadhaar within the due date, his/her PAN will become inoperative. Once PAN becomes inoperative, it will not be possible to furnish, intimate, or quote the PAN number anywhere. This may further result in: Higher tax rate applied for income tax purposes.

WHERE DOES INDIA INVEST?

Top Computer Science Engineering Colleges In India

 Computer Science Engineering Colleges 

Computer Science Engineering has been one of the most lucrative and competitive course to study its inception in Indian Engineering Schools, Colleges, Universities. This is really an excellent field to have opportunities both in software companies and higher studies. As computing is extensively applied to almost every walk of life it created massive jobs for computer engineering students. On the same time more demand and application kept it research funding alive attracting many students to opt for higher studies. Also Government organizations like DRDL, ISRO, ECIL, BEL, TCS offer jobs to computer science students.

Computer Science Engineering Colleges

Engineers of Computer Science Engineering can work as a software/hardware engineer, which are the two main sectors in the computer industry. Software is the set of programmed instructions that enable a computer to perform specified functions & hardware covers the physical elements of a computer system & is concerned with the design, development, assembly, manufacture and maintenance.

• CAREER PROSPECT

The job prospects for computer engineers are increasing rapidly both in India and abroad because of the booming in this industry. System study, analysis, design, programming are the main areas which provide various probabilities to the computer science engineers to shave themselves in their career.

Computer Engineers develop computer programs for industries. They are engaged in analysing problems for solutions, formulating and testing, using advanced communications or multi-media equipment or working in teams for product development. They can work as programmers, web developers and E- commerce specialists with industries that build or use computer-based systems such as telecommunications, automotive, aerospace etc as per research level.

National and multi-national computer manufacturing companies; computer hardware system design and development companies, computer networking companies and software development companies as well as hardware assembling and maintenance companies, data processing departments of modern industries and in areas where computers and computer aided systems are used, such as aeronautics and space science, the petroleum industry, chemical plants and power plants and management consultancy organizations are some among the probable work places.

• FUTURE

The future of Computer Science Engineering can’t be predicted actually. What will be the future scopes of computer science engineering is a crystal ball question. There are various possibilities among many fields. Some of them are: quantum computing, massively parallel computers, computing using biological components or plastic elements to make implantable or wearable computing devices or evolution of Drupal. Direct neural connections between computers and the brain. More virtual reality, artificial intelligence, robotics.

Here the List of Best Engineering Colleges in India for Computer Science Engineering

 Top 10 Computer Science Engineering Colleges in India

COLLEGE NAME	CITY	CONTACT DETAILS	WEBSITE
IIT-Delhi	Delhi	Hauz Khas, New Delhi, Delhi-110016 Phone: 0112-6591471	www.iitd.ac.in
IIT- Kanpur	Kanpur	Kanpur  nagar, Uttar Pradesh (UP), Kanpur-208016,  India Phone: 0512-2597982	www.iitk.ac.in
IIT- Bombay	Mumbai	Powai, Mumbai -400076, Maharashtra, India Phone: 022-25722545	www.iitb.ac.in
IIT- Kharagpur	Kharagpur	Kharagpur, West Bengal 721302 India Phone: 0760-2521656	www.iitkgp.ac.in
IIT- Chennai	Chennai	Madras Chennai-600036 India Phone: 0442-2574350	www.iitm.ac.in
IIIT	Hyderabad	Ordnance Factory Estate Yeddumailaram -502205 Andhra Pradesh, IndiaPhone: 040-23016033	www.iith.ac.in
IT- BHU	Varanasi	Varanasi, UP, India Phone: 0542-2368427	www.itbhu.ac.in
IIT- Guwahati	Guwahati	Guwahati, Assam, 781039 Phone: 0361-2583000	www.iitg.ac.in
BITS	Pilani	Pilani, Rajasthan 333031 Phone: 09468642989	www.bits-pilani.ac.in
BESU	Howrah	P.O. Botanical Garden, Howrah, West Bengal 711103 Phone: 09830124073	www.becs.ac.in

  

• Top Engineering Colleges in Delhi for Computer Science Engineering

Delhi is well established as an Educational hub and famous for its Computer Science Engineering Colleges across the country. Here we have tried to bring result of proper research by oureducation.in team to give you better picture of top colleges of Computer Science in Delhi and NCR region. 

COLLEGE NAME	UNIVERSITY	CONTACT DETAILS	WEBSITE
IIT-Delhi	N/A	Hauz Khas, New Delhi, Delhi-110016 Phone: 011 2659 1471	www.iitd.ac.in
Netaji Subhas Institute of Technology	N/A	Azad Hind Fauj, Sector-3, Dwarka, New Delhi Phone: 011-25099050	www.nsit.ac.in
Indraprastha  Institute of Information Technology	N/A	3rd Floor, Library Building, NSIT Campus, Dwarka, Sector 3, New Delhi-110078 Phone: 01125099177	www.iiitd.ac.in
Dehli College of  Engineering	University of Delhi	New Campus Bawana Road Delhi, India Phone: 011-27296337	www.dce.edu
Guru Premsukh Memorial College of Engineering	N/A	Sector-13, Rohini, Delhi Phone: 011-786070	www.gpmce.ac.in
Bharati Vidyapeeth’s  College of  Engineering	Guru Gobind Singh Indraprastha University	A-4, Paschim Vihar, New Delhi Phone: 011-25275436	www.bvcoend.ac.in
Department of Science & Technology	Guru Govind Singh Indraprastha University	Technology Bhavan, New Mehrauli Road, New Delhi-110016 Phone: 011-26567373	www.dst.gov.in
Ambedkar Institute of Technology	Guru Govind Singh Indraprastha University	Geeta Colony, East Delhi , India -110031 Phone: 011-22048047	www.aitdehli.net

•  Top Engineering Colleges in Mumbai for Computer Science Engineering

 To make work of students easy team of oureducation.in have researched for Best Computer Science Engineering Colleges at Mumbai.

COLLEGE NAME	UNIVERSITY	CONTACT DETAILS	WEBSITE
Indian Institute of Technology Madras	N/A	Powai, Mumbai-400076, Maharashtra, India Phone: 022-25722545	www.iitb.ac.in
Watumull Institute of Electronics Engineering & Computer Technology	University of Mumbai	47, Dr, R.G.Thadani Marg, Next to venus Apartment, Worli, Mumbai -400018 Phone: 022-24974858	www.watumull.edu
Department of Computer Science, University of Mumbai	University of Mumbai	Registrar University of Mumbai M.G. Road Fort Mumbai-400 032.	www.mu.ac.in
School of Technology and Computer Science Tata Institute of Fundamental Research		Dr. Homi Bhabha Road, Navy Nagar, Colaba, Mumbai- 400005 Phone: 022-22782000	www.tcs.tifr.res.in
Department of Computer Science, Shreemati Nathibai Damodar Thackersey Women’s University	Shreemati Nathibai Damodar Thackersey Women’s University	4th Floor, UMIT Building, Sir Vithaldas Vidyavihar, Juhu Tara Road, Santacruz Mumbai- 400 049Phone: 022-26605127	www.sndt.ac.in
Lokmanya Tilak College of Engineering	University of Mumbai	Sector 5, Kopar Khairane, Navi Mumbai, MH Phone: 022- 27541005	www.ltce.com

• Top Engineering Colleges in Kolkata for Computer Science Engineering

West Bengal capital region that is Kolkata Region have mushroomed like any thing and at every nook and corner one can find colleges claiming as top engineering college. Here we have tried to bring result of proper research by oureducation.in team to give you better picture of top colleges of computer science in Kolkata and nearby area.

COLLEGE NAME	UNIVERSITY	CONTACT DETAILS	WEBSITE
Jadavpur University	N/A	LB Block, Plot No. 8, Salt Lake Bypass, Sector III, Salt Lake City, Kolkata, West Bengal 700098 Phone: 033-23355215	www.jadavpur.edu
Bengal Engineering & Sceince University(BESU)	N/A	P.O. Botanical Garden, Howrah, West Bengal  711103 Phone: 026681073	www.becs.ac.in
Institute of Engineering and Management	West Bengal University of Technology	EP Block, Salt Lake, Kolkata, West Bengal Phone: 033-23572995	www.iemcal.com
Heritage Institute Technology	West Bengal University of Technology	Anandapur, P. O. East Kolkata Township, Chowbaga Road, Kolkata, West Bengal -700107 Phone: 033-24430454	www.heritageit.edu
B.P. Poddar Institute of Management & Technology	West Bengal University of Technology	137, VIP Road, Poddar Vihar, Kolkata, West Bengal 700052 Phone: 033-25739609	www.bppimt.ac.in
Meghnad Saha Institute of Technology	West Bengal University of Technology	Nazirabad, Kolkata, West Bengal 700150 Phone: 033-24431032	www.msitcollege.org
West Bengal University Of Technology	N/A	BF 142 Sector I, Salt Lake, BF Block, Salt Lake City, Kolkata, West Bengal 700064 Phone: 033 6414 7753	www.wbut.net
Government College of Engineering and Leather Technology	West Bengal University of Technology	Block-LB, Sector-III, Salt Lake City, Kolkata, West Bengal 700098 Phone: 033-23356977	www.gcelt.gov.in

• Top Engineering Colleges in Chennai for Computer Science Engineering

Chennai , earlier known as Madras has always been a pioneer center for computer science engineering students and industry as whole. To make work of students easy team of oureducation.in have researched for Best Computer Science Engineering Colleges at Chennai.

COLLEGE NAME	UNIVERSITY	CONTACT DETAILS	WEBSITE
IIT- Chennai	N/A	Madras Chennai-600036 India                                 Phone: 044-22574350	www.iitm.ac.in
Vels University	Vels University	Velan Nagar P.V. Vaithiyalingam Road Pallavaram Chennai – 600117 Tamil Nadu, India Phone: 044-22662500	www.velsuniv.ac.in
Department of Computer Science Engineering, St.Peter”s University	St.Peter”s University	St.Peter’s University Avadi, Chennai Tamil Nadu, India-600054 Phone: 044-26558080	www.stpetersuniversity.org
Panimalar Engineering College	Anna University	Bangalore Trunk Road, Varadharajapuram,Nazarathpet, Poonamalle, Tamil Nadu-600123 Phone: 044-26490717	www.panimalar.ac.in
Anna University of Technology	Anna University	Chennai-600025, India Phone: 044-22358801	www.cs.annauniv.edu

• Top Engineering Colleges in Bangalore for Computer Science Engineering

Bangalore or call it IT hub of India , with Microsoft office and Google presence does not need any further recognition.

COLLEGE NAME	UNIVERSITY	CONTACT DETAILS	WEBSITE
R.V. College of Engineering	N/A	R.V. Vidyanikethan Post, Mysore Road, Bangalore, Karnataka 560059 Phone: 080 6717 8021	www.rvce.edu.in
P.E.S. Institute of Technology	Visvesvaraya Technological University	100 Feet Ring Road, Banashankari Stage III, Bangalore, Karnataka 560085 Phone: 080 2672 1983	www.pes.edu
B.M.S. College of Engineering	Visvesvaraya Technological University	Banashankari, Bangalore, Karnataka Phone: 080 26622130	www.bmsce.in
M.S. Ramaiah Institute of Technology	Visvesvaraya Technological University	M S Ramaiah Nagar, Mathikere, Bangalore, Karnataka Phone: 080-23600822	www.msrit.edu
Bangalore Institute of Technology	Visvesvaraya Technological University	Krishna Rajendra Road, Visveswarapuram, Bangalore, Karnataka 560004 Phone: 080-26615865	bit-bangalore.org
Dayananda Sagar College of Engineering	Visvesvaraya Technological University	Kumaraswamy Layout, Bangalore, Karnataka Phone: 080-26662789	dayanandasagar.edu
R.N.S. Institute of Technology	Visvesvaraya Technological University	Channasandra, Uttarahalli Main Road, Bengaluru, Karnataka, 560098 Phone: 080-28611881	www.rnsit.ac.in

Provident Fund Body EPFO Fixes 8.15% Interest Rate For 2022-23

Retirement fund body EPFO (Employees' Provident Fund Organisation) fixed 8.15 per cent  rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting today.

In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21.

This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.

The Employees' Provident Fund Organisation's apex decision-making body Central Board of Trustees (CBT) has decided to provide 8.15 per cent rate of interest on EPF for 2022-23 at its meeting on Tuesday, the Ministry of Labour and Employment said.

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by CBT in March 2021.

After the CBT's decision, the interest rate on EPF deposits for 2022-23 will be sent to Ministry of Finance for concurrence.

After the government's ratification, the interest rate on EPF for 2022-23 will be credited into accounts of over five crore subscribers of EPFO.