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So they will be subject to the 3.8 percent NIIT on the $100,000, as it is the lesser of the two numbers. Kelly and John would need to pay $3,800 in NIIT, or $100,000 x 0.038 = $3,800.
These can be subject to the NIIT if they contribute to your overall net investment income and your modified adjusted gross income exceeds the threshold amounts defined by the IRS in the previous ...
Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
Cocoa Research Institute of Nigeria (CRIN); National Agricultural Extension, Research and Liaison Services (NAERLS); National Veterinary Research Institute (NVRI); Nigerian Agricultural Insurance Corporation (NAIC)
NIIT Limited (National Institute of Information Technology) is an Indian multinational skills and talent development corporation headquartered in Gurgaon, India. The company was set up in 1981 to help the nascent IT industry overcome its human resource challenges. NIIT offers training and development to individuals, enterprises and institutions.
Minimally invasive education (MIE) is a form of learning in which children operate in unsupervised environments. The methodology arose from an experiment done by Sugata Mitra while at NIIT in 1999, often called The Hole in the Wall, [1] [2] which has since gone on to become a significant project with the formation of Hole in the Wall Education Limited (HiWEL), a cooperative effort between NIIT ...
The commission was established to enhance Nigeria’s investment climate, attract foreign investments and deviate from oil as the major growth rate of the Nigerian economy. Nigerian President, Olusegun Aremu Obasanjo appointed a former Minister for Commerce, Mustapha Bello as the pioneer Executive Secretary/CEO of the Commission, [ 9 ] as well ...
The Federal Ministry of Industry, Trade and Investment (FMITI) is a branch of the federal government of Nigeria responsible for creating wealth and employment, reducing poverty, and stimulating and diversifying the economy. [1]