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In this regard, 11 taxable slabs at progressive tax rates from 5 percent to 35 percent were introduced in federal budget 2019-20 for salaried people with income of more than Rs0.6 million per annum.
For standard variable rate owner occupiers paying principal and interest this reduces the Index Rate to 5.18 per annum, from 5.36 per annum.
Summary: Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down from 8.55 percent per annum to 8.50 percent per annum.
Speaking with members of Commerce and Industry Correspondents Association (CICAN ) in Abuja, the Director of Weights and Measures, Mohammed Sidi, lamented that under proper review, the department can generated up to N5 billion per annum.
To make matters worse, for bigger depositors, the last PML-N government imposed an outrageous withholding tax of 17.5pc on the total profit for non-filers if its amount exceeds Rs500,000 per annum.
From previously staying in a one-bedroom apartment paying Dh70,000 per annum rent in Al Barsha, Mordi moved to a two-bedroom pad in Dubai Silicon Oasis to months ago paying Dh53,000 per annum.
1 Deh Wangaro 17-07 Acres Three years Rs.5,000/ - per acre per annum -do-
Cigna is collaborating with Annum Health to offer an innovative, digital health support solution to help people reduce alcohol consumption.
In interpreting of the Tax Code on interest prior to its amendment, the Court of Tax Appeals issued a number of decisions where the imposition of the deficiency interest at a rate of 20 percent per annum is imposed simultaneously with the imposition of a delinquency interest, also at a rate of 20 percent per annum.
The effectiveness of Piper guineense and Capsicum annum in prevention of Dermestes maculatus infestation on sundried catfish, Clarias gariepinus was studied.
KARACHI -- ICI Pakistan has expanded the capacity of its soda ash production plant by 75,000 tons per annum, said a company notice on Monday.
KARACHI -- A bourse notification filed Tuesday by Attock Cement Company Limited revealed its new production line capable of producing 1.2 million tons per annum of cement has started operations.