Medical reimbursement comes under Section 80D, wherein the maximum limit prescribed is Rs. 15,000 p.a. If bills regarding medical reimbursement are not submitted on time by an employee, 30% of Rs. 15,000 will then become the taxable amount. However, while filing tax returns, employees can reclaim 30% of the amount.Read More →
Cutoff marks are calculated by converting the Maths marks to 100, Chemistry marks to 50, Physics marks to 50 and then adding them up. The cutoff total marks will be a maximum of 200. How is medical percentage calculated? Take total of all marks ontained in all semesters and divideRead More →
Ranking Procedure ( Biology marks for 200 ) /4 = 50 + ( Maths marks for 200 ) /4 = 50 + ( Chemistry marks for 200 ) /4 = 50. Total is the Cutoff /4 = 200. How is PCB cut off marks calculated? To calculate percentage marks inRead More →
To calculate the adjusted collection rate, divide payments (net of credits) by charges (net of approved contractual agreements) for the selected time frame and multiply by 100. The adjusted collection rate should be 95%, at minimum; the average collection rate is 95% to 99%. Is the contractual adjustment billed toRead More →
Answer. Take total of all marks ontained in all semesters and divide it by overall total marks of semesters to arrive at aggregate percentage. To arrive at aggregate marks simply in each semester simply add total marks in all semesters and divided by tital semester. How do you calculate aggregate?Read More →