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In June 2021, Hyundai introduced a long-wheelbase, three-row version of the Creta as the Hyundai Alcazar in India, as the Hyundai Creta Grand in Mexico and as the Hyundai Grand Creta elsewhere. [ 105 ] [ 106 ] Produced in India (codename: SU2i LWB ), it features a reworked front styling, 6-seater and 7-seater options, and available with a 2.0 ...
Through QR Ph, users can conduct various transactions, including payments, fund transfers, and receipts from bank and e-money accounts within the Philippines. The implementation of QR Ph has been officially endorsed by Philippine Payments Management, Inc. , following guidelines set forth in Circular 1055 by the Bangko Sentral ng Pilipinas (BSP).
It further cemented its place as the Philippines' # 1 Digital Bank when it announced hauling a deposit base of P25 billion from 2.3 million clients in August 2023. Maya holds a 61% market share of deposits, a 71% share of depositors, and a 46% share of deposit balances among the six digital banks operating in the country as of the first quarter ...
Mastercard (MA) and Pine Labs launch an installment program in the Philippines so that customers can opt for interest-free installment payments using one's credit card, subject to certain conditions.
The formula for EMI (in arrears) is: [2] = (+) or, equivalently, = (+) (+) Where: P is the principal amount borrowed, A is the periodic amortization payment, r is the annual interest rate divided by 100 (annual interest rate also divided by 12 in case of monthly installments), and n is the total number of payments (for a 30-year loan with monthly payments n = 30 × 12 = 360).
Special payments for regular work performance (a requirement fulfilled by the thirteenth salary, and the Christmas bonus in certain cases) can be counted towards the minimum wage. [21] [22] [23] For example, a person works full-time and earns €8.03 per hour until a minimum wage of €8.50 per hour is introduced. Their employment contract ...
If a taxpayer realizes income (e.g., gain) from an installment sale, the income generally may be reported by the taxpayer under the "installment method." [5] The "installment method" is defined as "a method under which the income recognized for any taxable year [ . . . ] is that proportion of the payments received in that year which the gross profit [ . . . ] bears to the total contract price."
The installment sales method, is used to recognize revenue after the sale has occurred and when sales are stipulated under very extended cash collection terms. [3] In general, when the risk of not being able to collect is reasonably high and when there is no reasonable basis for estimating the proportion of installment accounts, revenue recognition is deferred, and the installment sales method ...