Interest subsidy

Interest subsidy

The value of a firm's deduction of the interest payments on its debt from its earnings before calculation of its tax bill under current tax law.

Interest Subsidy

The value of the tax deductions of an individual's or company's earnings resulting from interest payments on its debt over the course of a year. Some interest may be deducted from one's taxable income, depending on the type of loan or how it was borrowed. Common examples of interest subsidies include the deduction on home mortgage interest and student loan interest. Under most circumstances, interest on one's business is fully tax deductible.
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Shri Naidu expressed hope that with the initiatives of the central government including interest subsidy of an unprecedented 6.
Other components As far as other components of subsidies in 2015 state budget are concerned, interest subsidy for housing loan and basic food items each remained intact at OMR35 million, participation in domestic, regional and international institutions fell by OMR11 million to OMR200 million and support for government companies came down by another OMR15 million at OMR180 million.
Reunify the undergraduate and graduate rates to reverse the current inequalities and Reinstate the in-school interest subsidy for graduate and professional student loans
BO) (OTC: SBKJY), is planning to offer a one-time special interest subsidy scheme to provide interest relief to students who have taken education loans prior to March 31, 2009.
Chidambaram said that the Central scheme for interest subsidy was introduced in 2009-10 in respect of education loans disbursed after 1.
The state government is giving power subsidy, interest subsidy and insurance subsidy.
5 lakh with interest subsidy of 5 per cent," she said.
The national development fund will appropriate NT$30 billion to help Taiwanese businesses secure low-interest loans via interest subsidy, while the Small and Medium Enterprise Credit Guarantee Fund will guarantee over 70% of banking loans for Taiwanese businesses.
Together, last year's budget bills: eliminated the in-school loan interest subsidy for graduate and professional students; eliminated some Direct Stafford Loan repayment incentives; and temporarily suspended the interest subsidy during the six-month grace period for Direct Stafford Loans.
The budget will also give a 3 per cent interest subsidy to farmers in 2011-12, up from 2 per cent previously, and raises the target for loans to the farm sector to Rs4.
Furthermore, by pledging to reduce its CO2 emission intensity per unit of electricity generated by 6% or more within three years, TDK becomes eligible for application of the DBJ's interest subsidy system for interest-free loans to assist the acceleration of global warming countermeasures.

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