tds,pf,esi,edcation.callculation, and salary preparation
Answers were Sorted based on User's Feedback
Answer / priya
this is caliculated at the time of salary preparations, tds
willbe deducted as per the slab limit of Grass salaray of
the employee,
PF: will be caliculated for all regular employees
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / lakshmi
TDS: Tax deduction at source
PF : Provident fund
ESI : Employee State insurance
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajendiranraje@gmail.com
EPF: EMPLLOYEE PROVIDENT FUND
Minimum amount to calculation of epf Rs.6500 for gross
amount.
formula for epf= (Basic salary+Dearness allowance)*12%
due date of epf is 15th every month, grace date is 5 days.
ESI: employee state insurance
ESI percentage is 6.5%
Employee contribution is 1.75%
Employer contribution is 4.75%
formula for employee esi= (gross amount* 1.75%)
formula for employer esi= (gross amount*4.75%)
| Is This Answer Correct ? | 1 Yes | 0 No |
What is the definition of manual accounting?
what diff. between huf and individual?
Discount on issue of debentures is a __________ (a) Revenue loss to be charged in the year of issue (b) Capital loss to be written off from capital reserve (c) Capital loss to be written off over the tenure of the debentures (d) Capital loss to be shown as goodwill
A=27, B=63 What is d % Difference between 2?
why loss is posted on asset side in balance sheet?
WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE
what is journal entry ? please describe in detail.
purchases goosd in cash rupees 6500
What is the type of principal for CLOSING STOCK. and why we show closing stock two time that is once in trading account and another time in assets. if closing stock is Real account than what about showing in trading account as we dont show real account type in trading account. thanks
Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.
kanika enterprises follows the written down value method of depreciating machinery year after year due to: 1.comparability 2.convenience 3.consistency 4.all of the above
what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?