allowances and deduction from employment income Allowance = amount provided by an employer to an employee The only allowance that is not taxable are reasonable travel allowances; all other allowances are
slr statutory liquidity ratio is the amount a commercial bank needs to maintain in the form of cash or gold or govt approved securities bonds before providing credit to its customersslr rate is determined and maintained by the rbi reserve bank of india in order to control the expansion of bank creditlr statutory liquidity ratio is the amount a commercial bank needs to maintain in the form of cash or gold or govt approved securities bonds before providing credit to its customers
Therefore, some reasonable rate must be established for the selection criteria (step 4) of the engineering economy study ( Figure 1â1 ). The Minimum Attractive Rate of Return (MARR) is a reasonable rate of return established for the evaluation and selection of alternatives. A project is not economically viable unless it is expected to return at least the MARR. MARR is also referred to as the hurdle rate, cutoff rate, benchmark rate, and minimum acceptable rate of return. Figure 1â12 indicates the relations between different rate of return values. In the United States, the current U.S. Treasury Bill return is sometimes used as the benchmark safe rate.