High Court Directive: Consideration of UBOA Kerala State’s Representation
In a key development, the Kerala High Court directed Union Bank of India to review the representation submitted by UBOA Kerala State concerning the perquisite tax on concessional loans. UBOA Kerala raised important concerns regarding:
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Urgent Financial Assistance for Officers in Distress
In response to the severe financial hardships caused by perquisite tax deductions, UBOA Kerala State launched the Urgent Financial Assistance initiative, which provides much-needed relief to officers facing financial distress. Phase I – Financial Assistance The first phase of the financial relief scheme was introduced in early 2025 to address the financial struggles of officers…
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