Sentences with phrase «lakh on»

One Lakh on Zebpay on the evening of 4 May, Zebpay saw Rs. 1,00,000 figure on 5 May.

Bitcoin crosses One Lakh mark Big day for Bitcoin community in India as Bitcoin crossed Rs One lakh on 5 May 2017 on the major Indian Bitcoin exchanges such as Unocoin and Zebpay.

Buterin will give the top team a cash prize of Rs One lakh on May 18.

However, the price has corrected since then and stood at around Rs12.05 lakh on Dec. 28.

If his annual premium is Rs. 1 lakh, his family will get Rs. 10 lakh on his death, anytime during the policy term.

For example, if the individual chooses to take a cover of $ 1 crore, the family will get $ 10 lakh on death and $ 6 lakh every year for the next 15 years.

Insurance Regulatory and Development Authority (Irda) has imposed a penalty of Rs 2 lakh on Future Generali India Life Insurance for violation of certain norms of the Insurance Act, 1938.

In case of additional rider, she will be paid Rs10 lakh on completion of survival period.

Aviva offered my wife 40 lakh cover against applied cover of 50 lakh on much higher salary.

However, if your insurance proceeds are Rs 15 lakh and you had paid a premium of above Rs 2 lakh, then your Rs 15 lakh on maturity would be taxed according to your tax slab.

Sections 80C and 10D of the Income Tax Act ensure that you can avail tax exemptions of up to Rs. 1.5 lakh on your policy premiums.

Taking a tough stance on regulatory violations, the Insurance Regulatory and Development Authority (IRDA) has imposed a penalty of Rs 31 lakh on Canara HSBC Oriental Bank of Commerce Life Insurance Company.

What should be the premium amount yearly for mutual fund and ULIP if I want to receive Rs 15 Lakh on maturity?

Source: This news was published on July 06, 2015 in economictimes.indiatimes.com under the title: «IRDA slaps fine of Rs 10 Lakh on Tata AIA Life Insurance»

It would have reimbursed Rs 1 lakh on the first claim and dismissed the next as it does not exceed the deductible.

Initial investigations prompted IRDA to impose a penalty of Rs. 5 lakh on the insurer, but further investigations revealed that an excess payment of 44 % of one installment of the regular premium received upfront in addition to the new business premium accounted for the first year was made to the corporate intermediaries.

Under the life insurance policy, a policyholder will be covered for Rs 2 lakh on an annual premium of Rs 330.

50 lakh on Future Generali Life Insurance Company.

Finance Minister Arun Jaitley had in his Budget speech announced the imposition of long term capital gains tax on equity gains of over Rs 1 lakh on transfer of shares or units of equity mutual funds.

As regards house property, interest of up to Rs 1.5 lakh on housing loans can be deducted from taxable income.

IRDA has imposed heavy penalty of Rs 15 lakh on the insurer for violation of the regulatory norms during 2008 - 09, 2009 - 10 and 2010 - 11.

(In - patient hospitalization expenses covered up to Rs. 5 lakh on individual or family floater basis)

In such a scenario you can apply for an extension of Rs. 1 lakh on the existing loan, possibly at the same rate of interest.

Under Section 24 of the Income Tax Act, they can get a tax benefit of a maximum of Rs 1.5 lakh each on the interest they are paying.

but now with this taxation, it now seems to me that redemption may afterall be a bad idea as am sure the Gain would be atleast 10 % year on year and I do not think its a good idea to pay close to a Lakh on taxes on equity MFs each year!

Reduce your EMI by Rs. 848 to Rs. 50671: This would keep your tenure same and you would save approximately Rs. 1 lakh on your interest payments.

Over the span of 20 years he would end up paying Rs 22 lakh on his interest payments for a loan of Rs. 16 lakh.

I have been investing in the following SIPs since 3 months with an additional investment of 1 lakh each on every fund: • Birla Sunlife Frontline Equity (Regular Growth)-- 10000 • Tata Balanced Fund (Regular Growth)-- 10000 • ICICI Pru Value Discovery (Regular Growth)-- 15000 • UTI Midcap Fund (Regular Growth)-- 15000 I wish to invest 25lakhs in MF to get regular income after 3 years through SWP.

This means that the prices will go up by approximately Rs. 15000 on the D - Max (commercial offering) to Rs. 1 lakh on the premium MU - X (SUV)-- ex-showroom.

It costs Rs 9.80 lakh on - road, Mumbai

It (SX Petrol) costs me 7.8 lakh on road in Bangalore which is equal to Dzire VXI model.

The Hyundai Xcent automatic is offered in a single trim priced at $ 7.25 lakh on the S version, while the Ford Aspire gets a DCT unit with a larger 1.5 - litre petrol engine under the hood.

The real pinch will be to the petrol manual buyer who doesn't get the brake assist feature despite shelling out nearly Rs 7 lakh on a hatchback.

For around Rs 60 lakh on the road in Mumbai, the Discover Sport HSE isn't exactly a value purchase.

Volkswagen is reportedly offering this trim level on both 2017 and 2018 model year cars with benefits of up to Rs. 1.2 lakh on the older cars.

The BMW X3 in the Expedition trim retails for around Rs 57 lakh on the road while the Mercedes - Benz GLC in 220d Sport trim costs a little over Rs 60 lakh.

This means the prices have been reduced between Rs. 3.25 lakhs on the Range Rover Evoque and Rs. 1.8 lakhs to R.s 7.6 lakhs in the case of Discovery Sport.

The Creta which we have reviewed retails for a little over Rs 18 lakhs on the road in Mumbai.

A discount of INR 6.47 lakhs on the Audi A4 means that the starting price drops to INR 35.99 lakhs (ex-showroom) from INR 41.47 lakhs (ex-showroom).

Well, the car has just been auctioned off for Rs. 30.13 lakhs on eBay India.

At over Rs 30 lakhs on road, the Skoda Octavia RS sits way above its competitors like the Toyota Corolla Altis, the Hyundai Elantra or the Volkswagen Jetta.

The switches and control knobs too feel cheap especially in a car that will cost more than Rs 15 lakhs on - road.

Having said that, the Volvo XC60 starts off by making a strong case for itself by costing Rs 73.03 lakhs on - road Mumbai (Rs 1.10 lakhs cheaper than the Audi).

The new Innova is going to take this bar further and we can expect the top variants to be priced close to Rs. 20 lakhs on road.

The big question is, when you are spending close to Rs 80 lakhs on - road for a trophy car, what matters more — efficiency or power?

Not only will the tenure of your loan decrease by a few years, you would also save over Rs. 9 lakhs on your interest payments.

I want to sell it now at 60 lakhs and invest the entire 60 lakhs on another apartment (under construction).

Finally, he would end up paying Rs. 42 lakhs on a property he eyed for Rs. 20 lakhs which is two times the cost of the property.

My personal experience proved that lumpsum investing is better than STP for 6 to 12 months as I invested in 5 hybrid equity balanced funds for an amount of 12 lakhs on 1st January 2016 when markets were all time high, but, immediately after I invested, markets started to fall with some corrections for few months and my portfolio was down by 1.5 lakhs versus my investment at some point but now my portfolio is up by 1.2 lakhs where there is an appreciation of 14 % till date, some people even suggested me to go for STP over 6 to 12 months to average out but I believed in this lumpsum investing than STP as I did not need this anount for upto 5 years.

So in effect, they are saving up to Rs. 5 lakhs on taxes (1.5 +1.5 lakhs each interest payment = Rs. 3 lakhs and 1 lakh each on principal payment = Rs. 2 lakhs).