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User_gary Posted 16 years ago
Vocabulary

Disposable income is channelised

From the perspective of financial planning, a larger disposable income is channelised to long-term asset creation and meeting a family's financial goals. The Budget proposes to leave more funds with the family for effective financial planning. A household with a net taxable income of Rs 5 lakh can save an additional Rs 20,600 in income tax in the new fiscal. This increases to Rs 51,500 if the taxable income rises to Rs 8 lakh.

Could you please explain to me what "channelised" means in this context?

Source : http://in.budget.yahoo.com/2010/news-detail?blogid=budgetnews&postid=327&viewPost=1
  

Top answer

directed, funneled, focussed

  • directed, funneled, focussed
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1 Answers
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directed, funneled, focussed

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