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A saving account earns 4%. If the saver is in a 28% tax bracker. The after tax rate of return on saving would be___percent.

A saving account earns 4%. If the saver is in a 28% tax bracker. The after tax rate of return on saving would be___percent. Correct Answer 2.88

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Mohan deposit certain amount in bank saving account for 6 year which give simple interest of x% annually and invest same principle in fix deposit for 2 year which gives interest rate 10% and compounded annually, total interest he get from saving account to fix deposit in the ratio of 6 : 7, if bank provide (x + 3)% rate annually on saving account deposit, then difference of interest arise Rs.7,500 between saving account and fix deposit after respective time period, what amount he invest in fix deposit?
Which of the following components are true about tax planning?
1. Tax planning is the process of analyzing a financial plan or a situation from a tax perspective.
2. The objective of tax planning is to make sure there is tax efficiency. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency.
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5. The chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome.
P, Q, R, S, T, V and W are seven members of the family. There are three female members. Each of them has a difference profession-­Lawyer, Chartered Accountant (CA), Engineer, Teacher, Doctor, Architect and Pharmacist. No Lady is either a pharmacist or a chartered Accountant. Each of them has a different monthly income. The chartered accountant earns the most. S, the engineer, earns less than V, the doctor. R, the teacher, earns more than P and less than S. W’s wife earns the least. T is an unmarried lady Lawyer and she earns less than P and more than only Q. The pharmacist’s income is not the lowest Who earns the least?
In a survey conducted over a group of people, it was found that 65% of them have a Facebook account, 40% of them have an Instagram account and 25% of them have a Twitter account. It was also concluded that 20% have an account on both Facebook and Instagram, 12% have an account on both Instagram and Twitter and 14% have an account on both Facebook and Twitter. If 8% of the people had an account on all the three websites, what percentage of the people do not have an account on any of the three websites?
There are five statements given below: i. karim earns more than Rahim but less than Raihan ii. Tarique earns more than Farid iii. Rahim earns more than Rariq iv. Raihan and Rarique earn equal amounts v. Farid earns the least amount which of the above statements prove that Tarique earns more money than Rafiq?
J, K, L, M, N and O are six colleagues working in an NGO. J earns more than L but less than M. K earns more than J but less than N. N earns less than O but more than M. K earns less than M. Who among the six earns the most?
Among five persons, Radha earns more than Geeta. Sahil earns more than Geeta but less than Radha. Rohit earns less than both Geeta and Sita. Geeta earns more than Sita. Who among the five earns less?
Two stock options are available for buying. Each offers a variable rate of return of profit over a period of 10 years. For first 4 years one has an incremental rate of return which increases by 2% per year starting from 3% of the investment and stays constant at 8% for the rest of the period. The second one has a constant annual rate of return throughout and give 10% more return after 10 years. What is the annual rate of return on second option?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
Marginal income tax rate is 35% and before tax rate of return is 12.5% then after tax rate of return is