However in case the premium
paid during the financial year, exceeds 10 % of the sum assured, the benefit will be limited up to 10 % of the sum assured.
The law states that if you earn more than Rs 10,000 in interest income from a
bank during a financial year, the latter has to deduct tax at source.
Children looked after by the local authority qualify for pupil premium from the Reception year through to year 11 and when a child becomes looked after continuously for six
months during the financial year.
the fund has at least one member, that has an interest in the fund in retirement phase at any time during the financial year
For private insurers, settlement ratio had gone up by 1.09 % at 89.40
percent during the financial year 2014 - 15 when compared to 88.31 percent during the previous year.
It was also reported that Super Mario Odyssey was the most successful game
sold during this financial year, shifting 9.07 million copies since its October launch.
Marine services company MMA Offshore has won a $ 50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to
improve during the financial year.
«Lion has invested significantly in a range of initiatives and expects to realise the benefits of past site
rationalisation during Financial Year 2013, however we are still a considerable distance from making an acceptable return, and this can not be delivered by a focus on costs alone,» he added.
Emirates during the financial year launched fully - enclosed suites in First Class together with refreshed Business Class and Economy Class cabins on the 777 - 300ER aircraft; new, wider Business Class seats arranged in a 2 -2-2 layout on the 777 - 200LR aircraft; and a refreshed version of the popular Onboard Lounge on the Emirates A380.
Lord Ashcroft has become a significant figure in Australian politics having been identified as the single largest individual donor to any Australian political
party during the Financial Year 2004/2005.
While the Jaguar Land Rover hasn't revealed any of the upcoming model or facelifts which will be coming to India this year, there are certainly a few models that we expect will be making their way to our
shore during this financial year.
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.
If you have bought a home on a mortgage (Home Loan), then the interest you pay on that
loan during a financial year is also eligible for tax savings of upto Rs. 2 lakhs.
I moved to
USA during the financial year Apr 2014 - Mar 2015, in which I was resident in India for more than 182 days due to which my status is «resident» in India for the tax year concerned.
The company reported a loss of # 815,419 ($ 1.27 m USD) for its North American
division during the financial year ending August 31, 2009, which vaguely compares to the increase from # 21.4 m ($ 33.57 m USD) to # 25.86 m ($ 40.57 m USD).
Former members of the defunct firm are in negotiations with HMRC about the taxable profits and losses of
Halliwells during the financial year ending 30 April 2010 and for the period up to its collapse on 20 July that year.
Therefore, it is imperative to check the total amount that is deducted towards
EPF during the financial year and claimed deductions for the same.
Choose section 100 «Advance Tax» if the person is paying
tax during the financial years, section 400 «Tax on Regular Assessment» if the individual gets a demand notice from the tax department and chooses section 300 «Self - Assessment of Taxes» if the person is paying tax after the financial year has ended.
Tax Deduction under Section 80C: The premium payable towards the child insurance
plan during a financial year qualifies for the tax deduction under section 80C of the Income Tax Act, 1961.
So if you were responsible for making cost savings within the purchasing function say «Led a purchasing team to make $ 235 thousand dollars in
savings during the financial year and reduced the supplier base by 15 %».
In line with its growth strategy, Balwin concluded several strategic land acquisitions in key nodes such as Bryanston, Olivedale, Linbro Park, Modderfontein and
Kyalami during the financial year.
Prior to completing section F of the SAR, John must ensure that he has all the details relating to the contributions that have been made to his
SMSF during the financial year, together with the details of amounts rolled out of his SMSF to other funds on a RBS.
For private insurers, settlement ratio had gone up by 1.09 % at 89.40
percent during the financial year 2014 - 15 when compared to 88.31 percent during the previous year.
Where the payments are outside the allowable limits, it also means all payments
made during the financial year will be treated as a lump sum and taxed at the individual's marginal tax rate, unless the payments are unrestricted non-preserved benefits.
Also for the interest
paid during Financial Year 2014 - 15 ie Rs 70,000 can also be claimed along with Rs 28,000 in Assessment Year 2015 - 16.