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What do Hindus do with their money?
Like any other person of any faith or religion Hindus also spend their money but their scriptures prescribe that they are supposed to donate ten percent of their income for Charity and social works.
401K Withdrawal?
Are you thinking about withdrawing money from a 401k you might have? If so, you might consider the consequences of withdrawing that money first. There are many fees and penalties that you have to pay if you take out the money too early. Another consequence to think about is how early withdrawal from a retirement fund will impact your future.You Have To Pay Income TaxAny money that you get in a given year is subject to an income tax. When it comes to taking money out of your 401k policy, you have to pay the same tax you would pay on any other income. So, if you were in the 15 percent tax bracket, you would have to pay 15 percent of that income in taxes. A 10,000 dollar withdrawal would mean paying 1,500 dollars in taxes.10 Percent Penalty On Early Withdrawals
How much is the Bharat Ratna and Padma Award Prize Money?
its priceless and thus incomparable to the other award that carries cash.
A family spends 20 percent of its monthly income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 per month what is its monthly income?
2400
What is the primary source of income?
storing money for other customers in bank accountsCharging interest on money loaned out.
Unearned income?
Money earned from means other than employment or self-employment, such as interest income, dividend income, capital gains on investment, rental income, etc.
A family spends 20 percent of there monthly income on food 23 percent on rent 42 percent on other exspenses and saves the balance if the family saves 360 per month what is it's monthly income?
The family is spending 20 + 23 + 42 = 85 % of their income each month.As such the 360 saved is 15 % of their monthly income.Therefore monthly total income = 360/15 x 100Monthly income = 2400
Do you get money for missions on Fantage?
No... If you are a member, you might get an award or two in some missions Other than that, no.
Victor Malaba has a net income of 1240 per month. If he spends 150 on food 244 on car payment 300 on rent and 50 on savings what percent of his net income can he spend on other things?
40 percent
Victor Malaba has a net income of 1240 per month If he spends 150 on food 244 on a car payment 300 on rent and 50 on savings what percent of his net income can he spend on other things?
40 percent
What is the banks primary source of income?
storing money for other customers in bank accountsCharging interest on money loaned out.
Why do the Scandinavian countries have high taxes?
According to the OECD, Denmark (26.4 percent), Norway (19.7 percent), and Sweden (22.1 percent) all raise a high amount of tax revenue as a percent of GDP from individual income taxes and payroll taxes. This is compared to the 15 percent of GDP raised by the United States through its individual income taxes and payroll taxes for instance. In order to raise a lot of income tax revenue, income tax rates in Scandinavian countries are rather high except for that of Norway. Denmark's top marginal effective income tax rate is 60.4 percent. Sweden's is 56.4 percent. Norway's top marginal tax rate is 39 percent. Scandinavian income taxes raise a lot of revenue because they are actually considered flat. In other words, they tax most people at high rates, not just the high-income taxpayers. The top marginal tax rate of 60 percent in Denmark applies to all income over 1.2 times the average income in Denmark. Sweden and Norway have similarly flat income tax systems. Sweden's top marginal tax rate of 56.9 percent applies to all income over 1.5 times the average income in Sweden. Norway's top marginal tax rate of 39 percent applies to all income over 1.6 times the average Norwegian income.
