If the insured dies within the grace period, then, death benefits under the plan shall be payable which is the complete sum assured after making
applicable deductions of the premiums due.
And, if the insured surrenders his plan before completing 5 years with his plan then the Fund Value after making
applicable deductions of discontinuation charges is credited to the Linked Discontinued Policy Fund.
Not exact matches
The Company may, to the extent permitted by
applicable law, deduct from and set off against any amounts the Company may owe to the Participant from time to time (including amounts payable in connection with any Incentive Award, owed as wages, fringe benefits, or other compensation owed to the Participant), such amounts as may be owed by the Participant to the Company, although the Participant shall remain liable for any part
of the Participant's payment obligation not satisfied through such
deduction and setoff.
Each
of these amounts remains subject to
deduction for
applicable attorneys» fees and other litigation related expenses.
With respect to an incentive stock option, Walmart will have a
deduction if the Shares are sold prior to the end
of the
applicable holding period.
NOTE: These rates are NOT inclusive
of the 3.8 percent Medicare surcharge tax or any additional taxes
applicable from the phase - out
of itemized
deductions and personal exemptions.
The 20 percent
deduction generally results in a net rate on QBI
of 29.6 percent plus the 3.8 percent Medicare tax, if
applicable.
taking into account stock holders and how the corporate tax
deductions will benefit individuals who own large amounts
of stock (if
applicable).
It is recommended that you keep all
of your receipts and documentation in a folder labeled «Educator
Deductions» and the
applicable year.
You answer a series
of questions, and the program takes you through a step - by - step process, searching for
applicable tax
deductions and credits to save you money.
Anyone who is a citizen
of the United States, even if they have never lived in the US, must file a federal income tax return for any year in which their gross income from worldwide sources is equal to or greater than the
applicable exemption amount and standard
deduction.
For the standard
deduction amount, please refer to the instructions
of the
applicable Arizona form and tax year.
When you move out, the landlord has twenty - one days to provide a return
of the deposit or an itemized list
of deductions and partial refund if
applicable.
The Fixed Account Minimum Value is equal to 87.5 %
of premiums allocated to the Fixed Account Options reduced by withdrawals and transfers from the Fixed Account Options, any
applicable optional benefit charges, taxes and a $ 50 annual
deduction, accumulated at the Fixed Account Minimum Interest Rate.
The Feeder Fund commenced operations on September 25, 2017 and the performance information prior to the Feeder Fund's inception date has been adjusted to reflect
deduction of any expenses or charges, if
applicable.
If you are unable to use all
applicable non-refundable tax credits in 2012 (and they can not be transferred or carried forward), or if you expect to earn higher - rate income in the future, consider deferring the
deduction of certain discretionary amounts, such as RRSP contributions and capital cost allowance, to increase the tax benefit
of these
deductions.
MSCI - Net total return indices reinvest dividends after the
deduction of withholding taxes, using (for international indices) a tax rate
applicable to non-resident institutional investors who do not benefit from double taxation treaties.
For years after 2011, the
deduction is scheduled to be limited to 30 %
of the contribution base, under rules
applicable to capital gain property, with a five - year carryforward.
Net total return indexes reinvest dividends after the
deduction of withholding taxes, using (for international indexes) a tax rate
applicable to non-resident institutional investors who do not benefit from double taxation treaties.
A tax preparer may not ask the prying questions whereas an accountant will probe you, your bank and investment adviser for information to take advantage
of all
applicable tax
deductions and credits.
Dear Nimmi, Form 26AS has salary income which is after the
deduction of applicable allowances u / s 10 (HRA / Medical allowances etc).
Annualized Total Returns with sales charge reflect
deduction of current maximum initial sales charge
of 5.75 % for Class A shares
of equity funds and alternative funds (except alternatives funds that invest primarily in fixed income instruments), and 4.25 % for Class A shares
of fixed income funds and alternative funds that primarily invest in fixed income instruments, and 2.50 % for Class A shares
of short - term fixed income funds and
applicable contingent deferred sales charges (CDSC) for Class C shares.
In order to be eligible for a refund, you must: be separated from the federal government for at least 31 consecutive days or be transferred to a position not subject to retirement
deductions for at least 31 consecutive days; not be reemployed in a position subject to retirement
deductions at the time you file your application; be ineligible to receive an immediate annuity within 31 days
of separation; not be prohibited from receiving a refund due to a court order; and notify your current and / or former spouse (s)
of the refund request, if
applicable.
Average annual total returns include changes in unit price, reinvestment
of dividends and capital gains, and the
deduction of all
applicable portfolio and mutual fund expenses.
Total Returns include change in share price, assume reinvestment
of all distributions, and reflect the
deduction of fund expenses and
applicable fees.
Transfer
of ownership may be deliberately timed to occur in a year in which the investor is subject to a lower marginal tax rate, reducing the
applicable capital gains tax rate compared to the tax rate saved by the initial
deductions.
Over the age
of 65 or blind — add $ 1,300 to the
applicable standard
deduction and an additional $ 1,050 if you file a joint return and your spouse is also blind or over 65.
Under section 80U
of Income Tax Act, tax
deduction is
applicable for disable people.
This section
of income tax
deduction is
applicable for disable people.
Under this section, the tax
deduction is
applicable on the income earned by way
of royalties and patents.
Under section 80RRB, the tax
deduction is
applicable on the income earned by way
of royalties and patents.
Tax Benefits: The premiums paid under these plans qualify for
deduction under section 80C
of Tax Act up to
applicable limits.
-- No
deduction shall be allowed for the
applicable percentage
of any FDIC premium paid or incurred by the taxpayer.
When you move out, the landlord has twenty - one days to provide a return
of the deposit or an itemized list
of deductions and partial refund if
applicable.
In the event
of a covered loss (a partial loss or partial damage), this covers the cost to replace or repair your damaged property, with a
deduction for depreciation, which reflects the age and condition
of your home, minus any
applicable deductible.
If you disagree to any
of the terms or conditions in the policy, you can cancel the life insurance policy within 15 days from the date
of receipt
of the policy document In such type
of cancellation you are entitled to get a refund
of the premium paid after
deduction of the
applicable charges In case
of ULIPs, you can: Make partial withdrawals, Make fund switches, Make premium redirection For more information on our life insurance products, click here!
In adjustable, equity indexed, variable universal and universal life policies, the accumulation value is equal to the policy's cash value before the
deduction of any
applicable surrender charges when determining the policy's net surrender vale.
If any top up premium shall be paid under the policy in which loan is availed
of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after
deduction of applicable charges.
In case your term insurance policy is issued on or after April 1, 2012, then tax
deduction is
applicable only for the total premium amount valued up to 10 %
of the maximum sum assured.
In case your term insurance policy is issued on or before March 31, 2012, then tax
deduction is
applicable only for the total premium amounting to a maximum
of 20 %
of the sum assured.
While the rate at which the banks carry out TDS is 10 % employers
of salaried professionals may also carry out TDS
deductions as per rates
of income tax slab that are
applicable.
The
deductions will vary in every individual's case but some
of the rules here are
applicable to all and thus it is necessary that one is well aware
of them.
Tax
deduction is
applicable only to the policyholder on account
of insurance premium paid for a particular financial year.
In case you did not go for travel and you show proof
of the same, travel policies usual refund your premium, subject to
deductions as
applicable.
The annual premium amount (including,
applicable taxes, cess, and other charges) for a unit linked policy is eligible for tax
deduction under section 80C
of the Income Tax Act, 1961.
Higher
of Guaranteed surrender value or Special surrender value will be paid to you as Cash Surrender Value, after
deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if
applicable).
Tax
deduction under Section 80C, and Section 10 (10D)
of the Income Tax Act are
applicable to these plans.
After
deduction of applicable charges
of Rs 3,000 the amount
of Rs 97,000 is invested in the fund chosen by the policyholder.
If the single pay life insurance policy is surrendered within two years since inception, the tax
deduction allowed in the past under Section 80C will be considered as income
of the policyholder in the year
of surrender and
applicable tax will be levied.
Premium for the unexpired term
of the discontinuing members, less appropriate
deduction for expenses, commission and taxes and levies as
applicable would be payable.