MCIT(minimum corporate income tax) Under the CTRP‚ an MCIT equivalent to two percent (2%) of gross income is imposed beginning the fourth (4th) taxable year immediately following the taxable year in which such corporation started its business operations. The MCIT is imposed whenever such corporation has zero or negative taxable income or whenever the amount of the MCIT is greater than the regular corporate income tax due from such corporation. An MCIT equivalent to two (2%) of the gross income derived from
Premium Tax Taxation in the United States Corporate tax
UNIVERSITY OF DHAKA Department of Accounting & Information Systems BBA Program A term paper on “Income tax calculation procedure of life insurance companies as per Income Tax Ordinance 1984” Submitted To: Dhiman Kumar Chowdhury Professor Dept. of Accounting & Information Systems University of Dhaka Submitted By: Md. Afzal Hossain BBA 12th Batch ID: 12094 Date of Submission: 22 August 2010. Chapter 01 Introduction It is a common knowledge that the true profit of
Premium Insurance Balance sheet Asset
paper artifact‚ containing information in the form of the marks. (De Guzman et al 2009) According to Lee (2009)‚ an electronic filing system is a system of organizing files that utilizes hard drive space or network space. The system may either be computer software‚ an Internet-based program‚ or a simple file and folder system on the desktop of a computer. Electronic filing systems are used on multiple devices‚ ranging from our cell phones to our video game consoles to our digital video recorders.
Premium Computer Electronics Electronic engineering
Basic Concepts INTRODUCTION Tax is today an important source of revenue for governments in all the countries. It has become inevitable imposition because it has great potentials for raising funds for meeting the development and defence needs of a nation. DIRECT AND INDIRECT TAXES •Direct Taxes: A tax which is born and paid directly by the person on whom it is impose is a direct tax e.g.‚ Income Tax‚ Wealth Tax‚ Gift Tax‚ etc. It is directly paid by the tax payer to the government without any intermediary
Free Tax Taxation Indirect tax
LOVELY PROFESSIONAL UNIVERSITY DEPARTMENT OF MANAGEMENT Report on Summer Training [Title] Ratio Analysis to know the Financial Position of “The Nawanshahar Central Co-operative Bank Limited” Submitted to Lovely Professional University In partial fulfillment of the Requirements for the award of Degree of Bachelor of Business Administration (BBA) Submitted by: Name of the student- Mandeep Kaur Dhamrait University Roll No.- R1813A26 DEPARTMENT OF MANAGEMENT LOVELY PROFESSIONAL UNIVERSITY
Premium Financial ratio Financial ratios Balance sheet
Appeal of Low Income Housing Tax Credits Overview of the LIHTC The Low Income Housing Tax Credit (LIHTC) provides incentives for corporations and individuals to invest in the acquisition‚ development and rehabilitation of affordable housing. The program offers federal tax credits to private equity investors that work with profit or non-profit developers in constructing or renovating rental properties for low-income tenants‚ those who earn 60 percent or less of the median family income for their county
Premium Taxation in the United States
ANNUAL REPORT okf"kZd izfrosnu 2009 - 2010 ‚p-bZ-lh- HEAVY ENGINEERING CORPORATION LTD. gsoh bathfu;fjax dkWjiksjs’ku fyfeVsM GLIMPSES OF SOME IMPORTANT EVENTS ‘vfoLej.kh; {k.k’ Dr. Anil Kakodkar‚ Chairman‚ ISRO presenting the "Indian Nuclear Society Industrial Excellence Award for the year 2009" to Shri G.K. Pillai‚ CMD‚ HEC Ltd. MkW vfuy dkdksndj] v/;{k bljks] ls o"kZ 2009 dk ^^bafM;u U;wfDy;j lkslkbVh baMLV•h;y ‚Dlsysal vokWMZ** izkIr djrs gw‚ Jh th-ds-fiYybZ] lh-‚e-Mh-]
Premium Board of directors Corporate governance Executive director
1.0 Introduction Singapore already start adopting a one-tier corporate tax system effect from 1 January 2003. In Malaysia‚ it is referred as the ‘single tier’ system. The government allowed a six-year transitional period to enable companies with unutilized dividend franking credits to pay franked dividends. From 1 January 2008‚ all resident companies in Singapore will come under the one-tier system. Meanwhile‚ other countries including Hong Kong‚ Ireland and also Malaysia are adopting the one-tier
Premium Income tax Progressive tax Taxation
Project Report On ----------------------------------------------“Comparative analysis of I surance Product with Insurance different Life Insurance Companies” Companies --------------------------------------------------------------- ---------- May – June 2010 --------- PROJECT REPORT ON “Comparative analysis of Insurance Product with different Life Insurance Companies.” Submitted To: Mr. Vikash Kumar (Branch Manager‚ C.D.A.) Reliance Life Insurance Company LTD. Ranchi‚ Jharkhand Submitted
Premium Insurance Life insurance
internet banking in Indian context is still not sufficient‚ particularly what it means to the consumers and the bankers. The paper fills significant gaps in knowledge about the consumer’s perspective of Internet banking‚ trace its present growth and project the likely scenario. The paper presents the data‚ drawn from a survey of Internet banking consumers and the services providers (banks) that offer internet banking and develops a functional model for maximizing value to the consumers‚ which the banks
Premium Bank Online banking