accruable

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ac·crue

(ə-kro͞o′)

v. ac·crued, ac·cru·ing, ac·crues

v.intr.

1. To come to one as a gain, addition, or increment: interest accruing in my savings account.

2. To increase, accumulate, or come about as a result of growth: common sense that accrues with experience.

3. To come into existence as a claim that is legally enforceable.

v.tr.

To accumulate over time: I have accrued 15 days of sick leave.

[Middle English acreuen, from Old French acreu, past participle of acroistre, to increase, add, from Latin accrēscere, to grow : ad-, ad- + crēscere, to arise; see ker- in Indo-European roots.]

ac·cru′a·ble adj.

ac·crue′ment n.

accruable

(əˈkruːəbəl)

adj

having the ability to be accrued

References in periodicals archive ?

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According to sources, the corporate income tax relief that SEZs and the government have proposed to the investors includes 100% tax exemption from all taxes on imported goods and accruable income for 10 years.

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it also includes five-year tax holiday on income accruable in relation to the development and operation of the SEZ for the developer.

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They also generate automatic information alert for the port of destination.The release says this system, when put into effect, will further enhance security and safety of ports and cargo; prevent under-declaration of gross registered tonnage (GRT) of ship; prevent under-declaration and concealment of cargo; improve revenue accruable to government; and hasten vessel reception and cargo clearance procedures.

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That is to say that the higher the risk of an investment, the higher the reward accruable for having undertaken such a risky investment.

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This is because the huge amount of revenue accruable from petroleum products that should be invested in other sectors of the economy for the growth and development of the economy goes into the hands of private individuals who use it for their own selfish ends.

Youth Restiveness and Insecurity in Nigeria: The Case of Illegal Oil Bunkering and Violence in Igbo-Olomu Community

Furthermore, it recognizes that underinvestment in, or abuse of, the economic, environmental, or social resources that surround an entity can create long-term negative value, even if those contingent liabilities are not accruable under GAAP.

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The investors will get exemption from all taxes on income accruable in relation

Investors to get hefty incentives for industry in Special Economic Zones

The investors will get exemption from all taxes on income accruable in relation to the development and operation of the SEZs for a period of five years and exemption from all taxes on income for enterprises commencing commercial production by June 30, 2020, in the SEZs for the next ten years.

Investors to get hefty incentives for industry in Special Economic Zones

Second, exemption from all taxes on income accruable in relation to the development and operation of the SEZ for a period of five years is to be given.

Special Economic Zones (SEZs) and CPEC: Background, Challenges and Strategies

The incentives include one time exemption from duty and taxes on import of plant and machinery for developers and enterprises, 5-year tax holiday on income accruable in relation to the development and operation of the SEZ for the developer and 10-year tax holiday for enterprises on income accruable in relation to the production/operations started by June 30, 2020 and thereafter 5-year tax holiday for enterprises would be admissible.