I want to know around the ulip contained by india?
what is ulipits structure
its function its benefits
its charges
past and present scenario of ulip
Answers: More just about ULIP
http://www.rediff.com/money/2005/jul/22p...
http://mynews.rediff.com/money/2006/jan/...
ulip is not any administration as seems from your press. It is a scheme where on earth part of your money go to mortgage charges, partly to fund control charges and major piece goes to investment contained by indian economy surrounded by form of equities and debt.
In current scenario, with soaring growth in indian cutback, ulips are very popular
ULIP is Unit Linked Insurance Plan. The plan is for 10 years and above. Life is insured beneath this plan. Its a scheme of Life insurance corporation which provides insurance protection against release.
If you select plan of Rs.60000 for 10 years then you own to pay Rs.6000 every year for 10 years. The insurer pay packet some amount towards insurance premium and remaining amount is invested in unit to purchase stocks and bonds. Every year you get statement of holding surrounded by units and anything bonus is declared is invested in purchasing more unit. In the final year you will get Rs. 60000 plus bonus and charges for rule are deducted.
My husband make 50,000 a year in we have 3 kids will we get the tax refund.family of 5?
Answers: That depends on a lot of things, e.g. how much tax was withheld during the year, what kind of deductions do you have (mortgage interest, etc.)
The amount of tax you owe for the year will be based on not only the salary and the number of dependents, but also on your deductions like state tax, mortgage interest, charity contributions, etc. and any other income you have like interest, dividends, etc.
If the amount of tax withheld from the paychecks during the year is more than what you owe for the year, then you will get a refund. If it's less, then you will have to pay more.
If you find that you either owe a lot or get a big refund, then your husband should file a new W-4 form to list the correct number of exemptions so that the amount withheld from his paycheck is closer to the right amount for 2008.
I assume you mean the tax rebate, not your annual income tax return.
Assumming hubby is sole breadwinner, or that your income does not exceed 100,000, you will get $1200 for you and him, plus $300 per child, for a total rebate of $2100--given that the legislation passes intact.
If you're asking about a normal income tax refund there's nowhere near enough information to say.
If you're talking about the "rebate" being debated in Congress, it's impossible to say at this point as it has NOT been passed into law yet. NOBODY knows right now who will get what, or even if anyone will get anything at all. IMHO it's nothing more than a political ploy and could easily get bogged down in politics and never see the light of day.
yes you will , hopefully when you filled out the w4 at work you did it correct
I made approximately 150 total buy and get rid of stock trades ending year and be wondering if?
I will be able to fit adjectives of those transactions in my calendar D if I e-file --- or are there only too many stock trades to fit on a diary via e-file?Cheers!
Answers: I hope that works because I have moderately a few trades myself! (Not 150, but more than will fit on Schedule D.)
When schedule D is full, there's a diary D-1 to list second transactions and you can file as tons of those as necessary. If the software that you're using to e-file doesn't support that, after I'd look for different software that does.
You probably won't have 150 entries any because you will use one line to report the purchase and mart of each block of stock. (For example, if you bought 200 shares of GE within March and sold them in June, that will solitary be one line on the diary D.)
With that many trades, I'm guessing that you hold a lot of short-term gain and losses. Be aware of the wash-sale rules for any short-term losses. If you bought the same stock that you have a loss on within 30 days (before or after) the public sale, that is considered a "wash-sale" and you own to roll the loss into the basis of the repurchased stock instead of claiming it as a loss.
I ruminate the answer that says "load them all together" is wrong: Apparently some family do that and get away next to it, but on page 6 of the Schedule D instructions, the second paragraph of the "Specific Instructions" section clearly states:
You must enter the details of respectively transaction on a separate line of Schedule D.
and latter in that booth:
Do not enter “available upon request” and summary totals in lieu of reporting the details of respectively transaction on Schedules D and D-1 or attached statements.
Did you make them adjectives through the same broker or service? If so, you can purely separate them into two entries: short term and long possession, batch them together.