enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. The Payment of Gratuity Act, 1972 - Wikipedia

    en.wikipedia.org/wiki/The_Payment_of_Gratuity...

    The wages here means wages last drawn by the employee. The "15 days' wages" will be calculated by dividing the last drawn wages by 26 and multiplying the result with 15. But under Section 4(3), the maximum gratuity that is payable is fixed at ₹20,00,000. Any gratuity amount paid in excess of ₹20,00,000 is taxable in the employee's hands. [4]

  3. Employee benefits - Wikipedia

    en.wikipedia.org/wiki/Employee_benefits

    Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).

  4. Gratuity - Wikipedia

    en.wikipedia.org/wiki/Gratuity

    Or the customer says how much he will pay in total, including the tip: thus if the basic price is €10.50, the customer might, rather generously but not unusually, say zwölf ("twelve"), pay with a €20 note and get €8 in change. When paying a small amount, it is common to round up to the nearest euro (e.g. €1.80 to €2.00).

  5. Indian labour law - Wikipedia

    en.wikipedia.org/wiki/Indian_labour_law

    The Payment of Gratuity Act 1972 applies to establishments with 10 or more workers. Gratuity is payable to the employee if he or she resigns or retires. The Indian government mandates that this payment be at the rate of 15 days salary of the employee for each completed year of service subject to a maximum of ₹ 2000000. [24]

  6. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    They can be charged to the employer, the plan participants or to the plan itself and the fees can be allocated on a per participant basis, per plan, or as a percentage of the plan's assets. For 2011, the average total administrative and management fees on a 401(k) plan was 0.78 percent or approximately $250 per participant. [ 49 ]

  7. Automatic gratuity: Here’s why some Myrtle Beach ... - AOL

    www.aol.com/automatic-gratuity-why-myrtle-beach...

    An automatic gratuity means that the restaurant has added a service fee to compensate the server. Automatic gratuity: Here’s why some Myrtle Beach restaurants may add a tip for you Skip to main ...

  8. Itemized deduction - Wikipedia

    en.wikipedia.org/wiki/Itemized_deduction

    A taxpayer can only deduct the amount of miscellaneous itemized deductions that exceed 2% of their adjusted gross income. [6] For example, if a taxpayer has adjusted gross income of $50,000 with $4,000 in miscellaneous itemized deductions, the taxpayer can only deduct $3,000, since the first $1,000 is below the 2% floor.

  9. Salary - Wikipedia

    en.wikipedia.org/wiki/Salary

    The Final Rule sets the HCE total annual compensation level equal to the 90th percentile of earnings of full-time salaried workers nationally ($134,004 annually). To be exempt as an HCE, an employee must also receive at least the new standard salary amount of $913 per week on a salary or fee basis and pass a minimal duties test. [33]