Are PSBs also government bank?
Are employees of PSBs also government employees?
Menu
Govt Banks
Replies (3)
1. Government is shareholder in PSBs.
2. Bank Employees are not Govt. Employees. They are employees of a Banking company, in which Govt is also a shareholder.
Then what is a government company? Are govt company employees also govt employees?
Govt company is a company which controls the entire activities of a company. Here in this case all public sector banks stake is being controlled by government.
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
