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Earned Income

Compensation received due to your physical or mental efforts and activity. Includes wages/salary and net earnings from self-employment. Does not include passive income such as interest, dividends, or capital gains.
Examples: You or your spouse must have earned income in order to contribute to a traditional or Roth IRA.

News On Earned Income
Want to deposit Rs 2.5 lakh in bank account? Know IT rule first

02-12-2016| Source:Moneycontrol.com

Under the Income Tax Act a basic amount that is earned by the individual as taxable income is not subject to any tax.

IL&FS Transportation Q2 profit slips 46%, revenue down 26%

02-12-2016| Source:Moneycontrol.com

Infrastructure company IL&FS Transportation Networks disappointed analysts with quarterly earnings. Profit in July-September quarter fell 46 percent year-on-year to Rs 57.1 crore, impacted

Tata Power Q2FY17 total income slips 6% at Rs 7209 crore  

29-11-2016| Source:CNBC-TV18

Tata Power on Tuesday reported weak Q2FY17 earnings with income falling 6 percent to Rs 7,208.9 crore against Rs 7,666.3 crore in the year-ago period. EBITDA fell 27.2 percent to Rs 1,461.6 crore

Mahanagar Gas Q2 profit zooms 41% on strong operational income

28-11-2016| Source:Moneycontrol.com

Mumbai-based natural gas distribution company Mahanagar Gas's profit during July-September quarter jumped 40.8 percent year-on-year to Rs 102.2 crore, driven by strong operational income despite

Oil India Q2 profit falls 18% to Rs 580 cr, approves bonus issue

28-11-2016| Source:Moneycontrol.com

and operational income dented bottomline.

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