Interested to Buy Any Domain ? << Click Here >> for more details...
How to calculate pf, esi, vat, sales tax etc.,
- 61 Answers
- 726882 Views
- Aparna Enterprises, Cap Gemini, Genpact, Gurcharan International, HCL, Pushp Steel, Shriram, TCS, I also Faced
- E-Mail Answers
Answer Posted / aloysius suresh
PF : Provident fund is calculated @ 12% on the basic
salary, which indeed is deducted from Employee's salary and
the same plus 12% on the basic is contributed by the
employer. So the aggreate 12% + 12% is remitted to the
Provident fund Department
ESI : Employee State Insurance is calculated at 1.75% on
the gross salary of the employees whose salary is below Rs.
10000/-permonth (w.e.f 2008) and Employer contributes 4.75%
on the gross salary of the employee and the agreegate 1.75%
+ 4.75% is remitted to the ESI Department
VAT : VAT percentage is 1, 4, 12.5%. It is a tax which is
charged on the basic value of the product by the seller
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.
104.
SALES TAX : Same as VAT
| Is This Answer Correct ? | 1244 Yes | 143 No |
Post New Answer View All Answers
what is service tax? how its count? and why its count?
What items fall under the category of ‘securities’?
how to calculate and submit to the concerned authority of pf,esi,pt. explaine?
Rules for filling Income Tax return for an Individual ?
kindly advise me any set off in excise duty in maharashtra
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
what is the entry tax explain briefly?
is there any specific percentage related to lower tax deduction under tds
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax
how & on which amt tax should be calculate on pvt ltd company or ltd company
what is CST % applicable on garments sales to other state?
what data require for liability calculation under work contract tax composition scheme and regular method.
