The Citizen Investment Trust (CIT) has decided to provide one per cent bonus from the profits made in the current fiscal year. The bonus will be provided to accountholders of CIT’s Employees Saving Growth Retirement Scheme.
The CIT will be providing the one per cent bonus to participants of the abovementioned scheme from the profit of current fiscal year based on Section 10 (3) of the Retirement Fund Operation Guideline, 2059. Uddhav Silwal, Information Officer of CIT, said that Rs 1.03 billion has been allocated for the purpose.
The CIT has mentioned it believes that this bonus will in some way help people who have been financially affected by the impact of the coronavirus pandemic. The bonus will be deposited in the accounts of the respective participants of the scheme.
