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What is statutory income?

Statutory income is income that is not part of the income from an hourly or salary job. Some types of statutory income are commission, lump sum payments for termination of a job, royalties and insurance bonuses.


How long does statutory redundancy payments take?

Statutory redundancy payments are typically processed within a few weeks after the redundancy notice period ends. However, the exact timeframe can vary depending on the employer's payroll schedule and administrative processes. Employees should receive their payments as soon as practical, but delays can occur if there are disputes or complications regarding the redundancy. It's advisable for employees to check with their employer for specific timelines.


Is SEBI a statutory body or non statutory body?

Statutory Body


What is the difference between statutory and non statutory audits?

what is the difference between statutory audit and non statutory audit.


Where was the Pension Protection Fund founded?

The Pension Protection Fund was founded in the United Kingdom. A Board is designated to manage the fund and make payments to members. The Board is established as a statutory corporation.


What are statutory expenses?

statutory expenses


What is statutory inducement?

What is statutory inducements


Bankruptcy without losing home?

You can keep your home in a chapter 7, if it is determined that you do not have an equity position in your home that succeeds your state's statutory exemptions, as long as you continue to be current on your monthly mortgage payments.


What the difference between statutory and non statutory bodies?

A statutory body deals with written law; non-statutory deals with implied law.


What is statutory fund means?

what is statutory fund


Can I file bankruptcy and keep my home?

If it is determined that you do not have an equity position in your home that exceeds the state statutory exemptions, you will be able to keep your home in a Chapter 7, as long as you continue to be current on your monthly mortgage payments


Statutory lending ratio?

There is no statutory lending ratio.