Phrases with «indexation benefit»

The phrase "indexation benefit" refers to a process where a certain amount, such as income or savings, is adjusted or increased automatically to keep up with inflation. This helps to ensure that the value of the amount remains consistent over time and is not eroded by rising prices. Full definition

indexation benefit

Sentences with «indexation benefit»

(6) For the purpose of subparagraph ii of paragraph 3 of subsection (1), the outstanding balance with respect to attendant care benefits is calculated by subtracting the total of attendant care benefits paid by the insurer in the year preceding January 1 of the year to which the optional indexation benefit applies from the indexation balance calculated under subsection (7). (ontario.ca)
This, however, comes with indexation benefits. (kotaksecurities.com)
However, the finance minister in his Budget 2018 - 19, has proposed to tax long term capitals gains of over Rs 1 lakh at 10 % without indexation benefit. (relakhs.com)
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Phrases with «indexation benefit»

Sentences with «indexation benefit»

See also