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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
HDFC Bank's Aditya Puri takes 10.5% cut in fixed salary for FY18, earns Rs 2.64 lakh a day

15-06-2018| Source:Moneycontrol.com

As per provisions of the Income Tax Act, Puri's salary for FY18 was Rs 7.26 crore, as against the Rs 8.12 crore he was paid in 2016-17

Unitech Q4 net loss widens to nearly Rs 1,000 cr

12-06-2018| Source:PTI

Total income however jumped over two fold to Rs 977.59 crore during January-March, 2017-18 from Rs 480.36 crore in the year-ago quarter.

Want to become a crorepati? Help I-T department nab black money hoarders

01-06-2018| Source:PTI

Sharing "specific information" with the income tax department about any benami transaction or property could earn you up to Rs one crore, while the same for undisclosed black money stashed

Be an informer to IT dept; earn up to Rs 5 cr

01-06-2018| Source:PTI

Sharing "specific information" with the income tax department about any benami transaction or property could earn you up to Rs one crore, while the same for undisclosed black money stashed

Suzlon Energy posts consolidated net loss at Rs 469 cr in Mar quarter

30-05-2018| Source:PTI

Suzlon Energy today reported a consolidated net loss of Rs 469.85 crore in the quarter ended March 2018 mainly due to lower income.

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