How to calculate pf, esi, vat, sales tax etc.,
Answers were Sorted based on User's Feedback
Answer / rakeshkumar jani
HOW TO CALCULATE RATE OF ESI EMPLOYEE AND EMPLOYER IN RATE
AND RETURN FILING DATE FOR F Y. 2009-10
| Is This Answer Correct ? | 12 Yes | 7 No |
Answer / rajagopal
ESI is calculated @1.75% on gross salary & 4.75% on gross
salary for the employee & employer share respectively.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / pradip
VAT : VAT percentage is 1, 4, 12.5%. It is a tax which is
charged on the basic value+cenvat+e.cess on cenvat of the
product by the seller. cenvat percentage 10 & cess 2% on
cenvat & h.edu. cess 1% on cenvat.
from the buyer and the same is remitted to the Sales Tax
Departement. for eg if the product value is Rs. 100 and the
tax applicable is 4%, in such case a bill is raised for Rs.
100+10.3%+4%.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / pratikkumar
PF is calculated as 12% of basic
Look at my blog to get all details.
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| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / dinesh karthick
PF exempted is 12% of total salary.Here salary means
Basic+DA+Commision On turnover.
VAT is levying of tax on the value added to a particular
product.VAT differs for different products.For eg for food
it is 2% Normal products 4%.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sameer mehta
http://taxguru.in/service-tax/finance-bill-201213-service-
tax-highlights.html
Go to the above link for the detailed discription of
SERVICE TAX.
and 4m the same page u can get other detailes too...:-)
| Is This Answer Correct ? | 2 Yes | 0 No |
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2 Answers Chartered Accountant,
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