In India, the numbering system is 1 ------------------> One 10 ------------------> Ten 100 -----------------> Hundred 1000----------------> Thousand 10000 --------------> Ten Thousand 100000 -------------> We call it 1 Lac and not Hundred Thousand 1000000 ------------> This is 10 Lacs
1 crore
INR 1,500,000 is said as 15 lacs or 15 Lakhs. As of today 1USD = 42INR 15 lacs pa means INR 15 Lacs per annum
92 lacs
11-12 lacs
status of gatuitry payment act after 6th pay commission (Maxm limit of 3.5 lacs to rs---10.00 Lacs. I want to know the details
Because of 2 reasons:High quality medical treatment options - We have world class medical equipments and options availableLow cost treatment - when compared to their local cost. Ex: A heart surgery may cost around 50,000 USD whereas it would cost around INR 5 lacs to 6 lacs which is more than 10 times less than the cost in USA
INR 1,500,000 is said as 15 lacs or 15 Lakhs. As of today 1USD = 42INR 15 lacs pa means INR 15 Lacs per annum
10 to 50 lacs per annum
Question is not clear. 10 lacs what? i. e 10 lacs euro ..... etc 10 lacs is equal to One million.
In India, Life Insurance Corporation of India alone has more than six lacs registered agents and there are 22 private insurance companies operating and the figure may surpass 10 lacs.
85 lacs.
A GYNAC MAKES 60,000 Rs IN HOSPITAL BASED JOBES BUT IN PRIVATE PRATICE he /she can makes upto 3 lacs to 10 lacs per month depending on area and his/ her pratice.
11-12 lacs
92 lacs
around 30 lacs
A lakh (not lac) is a number used in India and is equivalent to 100,000. Hence 'one lakh rupees' etc.
You have to pay only for 2.5 lacs, where upto 2 lacs is nil and above 2 lacs would be 10% (if am not wrong). For 2.5 lacs, (250000*10/100) = 25000 would be your deduction (roughly!) You can evade by producing, rent receipts, investment in lic, paid medical bills upto 15000, children's tuition fees and many more! Boss, I have to show for 5.5 lacs as tax alone! I am the one supposed to ask the question here :D
1 million = 10 Lacs. 10 million = 10*10 lacs = 1 Crore