Generally, your status as a recepient of the loan is unrelated to your status as an employee. (Frequently, the loan itself is no longer owned by the original company and has been sold to another, although the original one may service it, that is - accept payments and accounting for the new owner). Hence, you can expect the company to respond like it does to any customer that fails to make the payments on a loan. That your ability to pay may be caused by your work status is not a consideration. Sometimes, the lender may have provided a special rate or terms on the loan as a benefit to an employee. Depending on the specific agreement, the loan terms may change, generally the benefit ceases after a certain time (or the loan may even become due) when you are no longer an employee. That means your payment may increase. Look at your particular loan documents.
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It leads to an arbitrary redistribution of income and difficulties in the baqlance of payment
DPR is Dividend Payment Ratio. This is calculated to arrive at the percentage distributed to the equity share holders to the total income. The objective is to ascertain the trend/intention of management of the company to share the income with the owners of the company.
prepaid income means liability for company and accrued income is asset of the company prepaid income means company receiving income in advance as well as accrued income means event is occur but we are not receiving income to company ,
Accrued Income is an income already incurred but no payment is received yet.
Dividend income received from other company increases the net income of company.
There would be no reason for a lawsuit. If the company believes you misrepresented you annual income, they would most likely close your account. The only reason to sue you would be for non-payment of the outstanding balance, which they have a right to do.
What happens when domestic income rises?
KYC in life insurance stands for the knowing facts about the client details related to his premium payment . It stand for checking the source of income and his premium payment options.If client is giving more than or equal to Rs 1 lac per year premium in single company then he needs to provide his income proof.
25 percent of income should go to house payment but the average is more like 50 percent.
income is what you can earn including your salary, other suport income like your rental income and some profit payment
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Typically, the recipient of a claim payment is not required to report it as income. If the company is paying you for damages or injuries most likely it is not taxable. If you are collecting payment from a company for work done then it is income and the company should provide the relevant tax forms at the end of the year. 1) My arm is broken in an accident and the responsible person's insurance pays me $500 <---- not income 2) I lone my extra car to my mother because of an accident and charge 10.00 per day that the insurance reimburses (Mom's or the responsible person's) <------ income (10-99 tax form expected)
Yes the mortgage company verifies income.
income tax refund
do your company help low income peoples
An officer of Carson Company recently commented that when he receives the firm's financial statements. He looks at just the bottom line of the income statement -- the line that shows the net income or net loss for the period. He said that he does not bother with the rest of the income statement because "it's only the bottom line that counts." He also does not read the balance sheet. Do you think this manager is correct in the way he uses the financial statements? Why or why not?
The federal income tax payment and most state income tax payments for 2008 are due today, April 15, 2009.
depends on the loan term that you were approved for, as well as your income. The higher your income, the higher payment you can afford, therefore the less down payment you need.
No, if you receive an income sensitive repayment plan after consolidating and the payment is $0 because of your dependents and income, then it will not adversely affect your credit score.
Advance payment of tax means to pay tax along with the earning of his income this tax is paid on the current year income in the same year .In fact, it is paid as advance and it is called advance payment of tax
The quantum of amount parked, time period,options chosen, age of the annuitant at the time of parking the fund are few determinants in the payment of an income annuity.