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Employee provident fund (12% of basic salary) 28,800 Professional tax: 2,500 Total deduction: 60,100 Gross salary: 330,000 Net salary (gross - deduction) 269,900
The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
One of their last mechanical calculators is the HL-21, an Odhner type machine. [5] Their first calculator with a microprocessor is the Busicom 141-PF. Their entry based calculators, the Busicom LE-120A (Handy-LE) and LE-120S (Handy), [6] were the first to fit in a pocket and also the first calculators to use an LED display.
Tick sizes can be fixed (e.g., USD 0.0001) or vary according to the current price (common in European markets) with larger increments at higher prices. Heavily-traded stocks are given smaller tick sizes. An instrument price is always a rational number and the tick sizes determine the numbers that are permissible for a given instrument and exchange.
Dearness Allowance (DA) is a calculation of inflation paid to government officials and public sector workers’ employees. Public sector unit employees are also government employees, but not civil servants).
If you receive SSI, those payments will increase on Dec. 31, 2024. For context, the COLA increase in 2024 was 3.2%. It’s averaged out at about 2.6% over the past decade.
You can use a calculator or the simple interest formula for amortizing loans to get the exact difference. For example, a $20,000 loan with a 48-month term at 10 percent APR costs $4,350.
Limited price indexation (LPI) is a pricing index used to calculate increases in components of scheme pension payments in the United Kingdom.Currently, the statutory requirement for occupational pension schemes is that pensions in payment must be increased by the lower of RPI and 2.5%.