Sentences with phrase «of salaried individuals»

This is the time when most of the salaried individuals look for Tax Saving investment instruments.

A lot of salaried individuals usually have a set budget for the month, which sometimes does not provide them with extra funds for additional expenses or meeting advanced payments.

While we allow pre-payment to be made after 12 months in case of salaried individuals and 6 months for the self - employed, a fee of 4 % is charged on the outstanding principal

For this reason, a large percentage of salaried individuals invest in mutual funds and are well versed with how they work Click here.

In order to grow the upper limit of contribution to NPS from 10 % of gross total income of a salaried individual to 20 %, the amendment of section 80CCD has been proposed.

7 % of the income tax amount is surcharged if the income of the salaried individual is greater than Rs1, 00,00,000.

In the event of the salaried individual's death, the family will not suddenly be cut off from all sources of income but, instead, will be able to depend upon reliable monthly payments of your death benefit.

Not exact matches

As per the previous Budget 2017 - 18, the self - employed (individual other than the salaried class) can contribute up to 20 % of their gross income and the same can be deducted from the taxable income under Section 80CCD (1) of the Income Tax Act, 1961, as against current 10 %.

The 10 % of salary limit is applicable for salaried individuals only and Gross income is applicable for non-salaried.

I am a salaried individual who is looking for low risk, good return, systematic investment plan and really confused about the whole scene of investment.

We also cater to a wide variety of applicants including salaried employees, self - employed individuals, and recent immigrants

The 10 % of salary limit is applicable for salaried individuals and Gross income is applicable for non-salaried.

It is currently offered to salaried individuals of MNCs, Public or Private Limited companies or to salaried doctors only.

Standard chartered bank provides a variety of loans to both salaried and self - employed individuals.

When I started my own company a large number of well - meaning individuals told me in the challenging first year that I could return to a salaried position.

Just like the salaried individuals and the business persons, the freelancers can also claim plethora of deductions / tax exemptions, when they file their income tax returns.

Delhi, India, Feb 01: With the release of Budget 2017, there is a relief for salaried individuals investing in National Pension Scheme (NPS) through their companies as they can now withdraw 25 % of their handouts without paying any tax.

Only salaried individuals can avail the benefits of house rent allowance.

A personal accident plan designed to endow the insurance need for salaried individual against Accidental Death, Accidental Dismemberment, and Permanent Total Loss of Use.

Every group of taxpayers like (professionals, salaried individuals, businessman, etc.) can benefit from these rebates.

Salaried employees are asked for a recent pay stub or a W - 2, while self - employed individuals are often asked for a year or two of tax returns.

Under Section 87A of the Income Tax Act, salaried individuals are supposed to receive a tax rebate of up to Rs 2500, if they fall under the taxable income slab of up to Rs 3.5 lakhs.

For instance, a 30 - year - old salaried individual can purchase a term insurance plan for Rs. 50 lakhs of life cover.

It is more suitable for wage / salaried earning individuals who are bread - winners of their family

For example, in the case of the accident policy offered by Tata AIG, for salaried individuals, the sum insured provided is only10 times the annual income and for self - employed individuals, it is 20 times the annual income.

When the different sections of Income Tax Act help the salaried individuals to save on tax by introducing a fraction of ways, House Rent Allowance (HRA) has been considered as an easy - to - claim process, to bring down your tax liabilities.

This section of Income Tax Act allows maximum deduction of up to Rs1, 50,000 and can be used by both salaried individuals and taxpayers of all categories regardless of their source of income.

Moreover, apart from salaried individuals, pensioners can also avail the benefits of this deduction.

The different Sections of the Income Tax Act help the salaried individuals, and the self - employed people and professionals, to make their rent expenditures cheaper, and more desirable.

This works better for individuals who have higher amounts of liquid cash available, but it can be a strain for salaried people in middle - income groups.

The broad spectrum of benefits offered by Group Personal Accident plans play a very important role in any salaried individual's life.

Introduction The process of e-filing of income tax returns is very easy to use and should be the preferred route for salaried individuals and other individuals.

Perhaps there is a social question here of: what is fair to expect of a volunteer, verses a full - salaried individual?