Sentences with phrase «interest as a source of income»

Each of these have a renewal option at the end of the initial term, and you may choose to pull out your interest as a source of income from your CDs at the end of the initial term or you may roll the interest into a new CD.

Not exact matches

First, substantial direct or indirect wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).

As interest rates in Europe fell to unfathomably low levels over the last decade, lenders found themselves in a tough position: Mortgage interest — and therefore income — fell in lock step with the Euribor, and yet banks only had so much leeway to cut interest paid on deposits, which are their primary source of funding for mortgages.

Employees are interested in annuities and might need that guaranteed source of income as the first wave of workers lacking company pensions moves closer to retirement.

This in turn was the result of a 5.4 - percent contraction in salaries and a fall in other sources of net income such as interest on bank deposits and share dividends of 4.4 percent.

Because we do not expect to earn revenue from our business operations during the current taxable year, and because our sole source of income currently is interest on bank accounts held by us, we believe we will likely be classified as a «passive foreign investment company,» or PFIC, for the current taxable year.

As shown, the surge in December was such that dividends overtook interest rates as a source of incomAs shown, the surge in December was such that dividends overtook interest rates as a source of incomas a source of income.

I work at a large industrial conglomerate — several of the conditions of employment are an IP waiver and a requirement to identify other income sources and / or business activities as part of conflict of interest reporting.

Dividend stocks currently yield more than government bonds in major markets such as Canada and may remain a valuable source of income even as interest rates slowly begin to rise south of the border.

Interest income from certain sources, such as bonds issued by utility service authorities and the District of Columbia, aren't taxable, but you still need to report it.

FHA, which traditionally has served as a major source of financing for moderate - income first - time buyers, many of them African American and Latino, for years has allowed lenders to charge borrowers a full month of interest when they sell or refinance a home.

Dividend stocks currently yield more than government bonds in major markets such as Canada and may remain a valuable source of income even as interest rates slowly begin to rise south of the border.

«Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal Income is defined as household, adjusted gross - income including other sources of income such as social security benefits and interest on municipal income including other sources of income such as social security benefits and interest on municipal income such as social security benefits and interest on municipal bonds.

Dear Deepak, Interest earned NCD bonds is taxable as per the tax slab of the investor under the head «income from other sources».

The interest accrued from 7.75 % Govt bonds on year to year basis: Can it be shown as income from other sources in the year of accrual, so that the income tax liability in the year of maturity can be minimised.

Namely, that these products provide a source of guaranteed income, principal protection, and interest rate stability in retirement as well as balance to any long - term financial plan.

Sir, I've not been able to file ITR for the financial year 2014 - 15 due to certain reasons — laziness, lack of time, etc... well, it seems to me that I won't be able to do the needful by the 31st of March 2016 as well... Apart from my business income (does not need audit), I have income from other sources, such as House rent, Shop rent, etc... totaling around 4.5 lacs... What if I file ITR for financial year 2014 - 15 after 31st March 2016, say in May, July or Nov 2016... would I be liable for penalty (Rs. 5000) apart from interest on tax amount!?

On Form 8958, a couple lists individual sources of income for each of them, such as employers, banks that pay interest, stocks that pay dividends, capital gains and tax refunds.

Needless to say, gambling as an alternative to working for a steady source of income can be considered risky, especially with interest rate hike.

A Passive NFE is a business client whose main source of income (more than 50 %) is generated from holding financial instruments earning dividends and interest, otherwise known as passive income, or more than 50 % of its assets held are used to produce passive income, e.g. certain family trusts or holding companies.

Also keep information regarding other sources of income such as interest, dividends, profit - sharing, etc..

Also, if your only source of income is the reproduction and sale of dogs as commodities then I don't really think you have the best interest of the animals in mind.

While in egregious cases where a lawyer hired by the carrier has abused his or her relationship with the insured, the client, so as to favor the lawyer's source of income — the insurance company — the courts have responded to protect the insured's interests.

He had only the usual range of suspects to offer as alternative sources of income: a contingency legal aid fund, interest on solicitors» clients accounts and legal expenses insurance.

The delegated BFT (or dBFT) algorithm acknowledges two kinds of players in the blockchain space: professional node operators, called bookkeeping nodes, who run nodes as a source of income, and users who are interested in accessing blockchain advantages.

(8) «Income» means any form of payment to an individual, regardless of source, including, but not limited to: wages, salary, commissions and bonuses, compensation as an independent contractor, worker's compensation, disability benefits, annuity and retirement benefits, pensions, dividends, interest, royalties, trusts, and any other payments, made by any person, private entity, federal or state government, or any unit of local government.

Non-traditional sources of income such as bonuses, commissions, self - employment income, and interest earnings all need to be considered when calculating income.

* Gross Revenues are defined as: income from all sources (to include, but not limited to commissions, premiums, origination fees, service release premiums, net interest income, servicing fees, trading revenues, gains / losses on securities) prior to the payment of expenses.

As always, finding sources of non-dues income is of great interest.