Sentences with phrase «lakh in a financial year»

Such long term capital gains (over and above Rs 1 lakh in any financial year) will be taxed at a special rate of 10 % + surcharge, total of 10.4 %.

Example 1: In the financial year 2017 - 2018, if you start an SIP of $ 12500 starting in April 2017 till March 2018, you will have made an investment totalling $ 1.5 lakh in the financial year 2017 - 2018.

Section 80C covers investment in various financial instruments including Life Insurance (including Term Insurance, Child Plans, ULIPs, all Savings Plans, Wealth Plans and Pensions Plans, but excluding Health Plans) up to a maximum limit of Rs. 1.50 lakhs in a financial year.

Premiums paid towards a life insurance policy is eligible for tax deductions under Section 80C with a limit of 1 lakh in a financial year.

Under Section 80C, you can invest in a life insurance product and claim tax benefit up to Rs. 1.5 lakh in a financial year.

The maximum tax benefit that can be availed is Rs 1.5 lakh in a financial year.

Not exact matches

The platform clocked in Rs 65 lakh in earnings before interest, taxes, depreciation and amortisation (EBITDA) during the first quarter of the current financial year, according to a filing by the Noida - based company with the Bombay Stock Exchange on October 12.

-- The X-Trail is powered by a 2.0 - litre petrol engine producing 144 PS and 200 Nm, paired with an AC electric motor that produces 40.8 PS and 160 Nm of torque — The motor regenerates energy and produces power as well — It will be launched in the next financial year at an expected price of Rs. 30 - 35 lakhs — The X-Trail marked Nissan's entry in the Indian market and the new model will be India's first full hybrid SUV

French carmaker Renault's executive sedan Fluence sits atop among the list of 10 worst selling cars (priced below Rs 15 lakh) in India in the financial year 2014 - 15, with miniscule sales of 232 units in the full year, according to sales data released by Society of Indian Automobile Manufacturers (SIAM).

In the last financial year, the company sold more than 1.70 lakh units and registered a growth of eight per cent.

Most of the times we invest in a mutual fund to achieve a financial goal, for example saving 7 lakh rupees for down payment of new house in next 5 years.

Real estate — 3 cr term insurance — 2 cr health insurance — 10 lakhs family floater 5 lakhs by company 10 lakhs (cancer care policy due to my family history) various traditional policies from lic — 10 lakhs (premium ending by next year and benefits after 3 yrs) equities — 4lakhs mutual fund (through a financial advisor)-- 25 lakhs ppf — 5 lakhs fixed deposit — 2 lakhs sip in force for 20000 / - per month

Dear Naresh, In your case the loan taken FY and possession date falls in the same Financial year, so you can claim total prior period interest + Regular interest payments subject to max Rs 2 Lakh (if property is self - occupiedIn your case the loan taken FY and possession date falls in the same Financial year, so you can claim total prior period interest + Regular interest payments subject to max Rs 2 Lakh (if property is self - occupiedin the same Financial year, so you can claim total prior period interest + Regular interest payments subject to max Rs 2 Lakh (if property is self - occupied).

In the first three tranches of gold bonds issued during the financial year 2015 - 16, about 4.50 lakh investors purchased total bonds equivalent to 4,908 kg, amounting to about Rs. 1,320 crore.

* In 2013 - 14, the life insurance industry recorded a premium income of Rs 3.14 lakh - crore as against Rs 2.87 lakh - crore in the previous financial year, registering a growth of 9.4 per ceIn 2013 - 14, the life insurance industry recorded a premium income of Rs 3.14 lakh - crore as against Rs 2.87 lakh - crore in the previous financial year, registering a growth of 9.4 per cein the previous financial year, registering a growth of 9.4 per cent

What makes life insurance so popular is that it provides a maximum deduction of Rs. 1.5 lakh in a given financial year, also granting a pre-decided tax - free amount at the end of maturity or in case of fatality of the policy owner.

In this case, the total PPF investments in the account of the minor and guardian / minor can not exceed 1.5 lakhs, for a given financial yeaIn this case, the total PPF investments in the account of the minor and guardian / minor can not exceed 1.5 lakhs, for a given financial yeain the account of the minor and guardian / minor can not exceed 1.5 lakhs, for a given financial year.

The state - owned insurance provider is planning to employ over 1 lakh agents in this financial year.

Service tax, however, is applicable only if the value of services exceeds Rs. 10 lakhs in a single financial year.

For companies whose gross turnover exceeds Rs. 40 lakhs in a single financial year, it is mandatory for them to undergo periodic audits, as mentioned in the LLP Act.

In the last financial year, LIC had seen new business premiums at Rs 1.24 lakh crore with significant growth in group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (IrdaiIn the last financial year, LIC had seen new business premiums at Rs 1.24 lakh crore with significant growth in group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (Irdaiin group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (Irdai).

-- With the current financial year I have started investing Rs. 2000 pm in Axis Long Term Equity Fund - Direct plan - Growth option — Also I do have around 2 lakhs as cash reserve.

In the bond market, the company had made an investment of Rs 2.40 lakh crore in the last financial yeaIn the bond market, the company had made an investment of Rs 2.40 lakh crore in the last financial yeain the last financial year.

In a major decision taken by the Indian Government, it has decided to allocate a total of Rs 50 lakh crore for the infrastructure, in the budget released for the current financial yeaIn a major decision taken by the Indian Government, it has decided to allocate a total of Rs 50 lakh crore for the infrastructure, in the budget released for the current financial yeain the budget released for the current financial year.

If the rent paid during given financial year is greater than Rs 1 Lakh, the employee will have to provide the PAN card details and copy of the landlord / property owner in order to claim HRA tax exemption.

The premiums you pay for the plan are tax - free up to a limit of Rs. 1.5 lakhs in one financial year.

Insurance business in India is expected to reach Rs 4 lakh crore in the current financial year according to Insurance Regulatory and Development Authority (IRDA) chairman T S Vijayan.