how to calculate basic in provident fund under salaries?



how to calculate basic in provident fund under salaries?..

Answer / chandan gupta

Basic refers to Basic Wages as far as EPF is concerned.
Basic Wages = Basic Salary + DA + Cash value of food
concession + Retaining Allowance

Is This Answer Correct ?    3 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

Why should we prepare profit

30 Answers   Accenture, Maharaja Whiteline,


Choose the correct answer: In case of assesses other than companies, the following is advance tax rate to be payable on or before of 15th September on the current fringe benefits. (1) 15 per cent; (2) 30 per cent; (3) 45 per cent; (4) 60 per cent.

2 Answers  


What is the difference between tds and withholding tax??(new)

3 Answers   HP, IBM,


EXPAND___________MMTS

2 Answers  


Will out standing expenses falls under preliminary expenses in balance sheet are not

2 Answers  






what are the difference between banking institutions and financial institutions?

0 Answers  


Which types of assets deducts in equity funds for company?

1 Answers  


In activity based costing, costs are accumulated by A. Cost objects; B. Cost benefit analysis; C. Cost pool; D. None of the above.

4 Answers   ASAS,


what are adjusting entries? and why we are dioing it?

6 Answers  


what types of essays are giving in bank of america. can any one tell the opics? LAVANYA

0 Answers  


Define cost accounting?

8 Answers  


Answered but misspelled pl correct EARNED BUT NOT RECEIVED (ANS.DEURCCA)

2 Answers  


Categories