The NMI is income from all sources of an salaried individual It Includes:
- 1. The NMI from the salary of applicant
- 2. The NMI from the salary of co-applicant/spouse
- 3. The income from other sources like Rent from the existing/proposed flat, Agricultural income, Income from tuitions, other business etc.
In case of self employed/professional the NMI is Annual Income after deduction of income tax divided by 12 (as per I-T return) plus other income as above.