Answer Posted / raju
ESI - Employees' State Insurance, Whose salay dose not
exceeds Rs.10000 per month is liable to the company to
deduct 1.75% from gross salary and along with that 4.75%
employer contribution to be paid to ESI office with challan.
The entry will be -
Salary A/c Dr (Gross) 10000.00
Salay payabe A/c Cr 9825.00
ESI Payable A/c Cr 175.00
| Is This Answer Correct ? | 13 Yes | 2 No |
Post New Answer View All Answers
What items fall under the category of ‘securities’?
how to calculate of FBT with example & what is Rate
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
What doyou mean by assesment order? and for what purpose it will be passed?
if waybill issued by consignor , then c form issue whose responsibility?
What are the deductions under salary head?
hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information
How much is the VAT in UAE
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
How many turnover company active TAN no applicable and how many deduction % of service.
WCT charged on firm or on proprietor?
In advance c form dvat why not showing the amount in form verification
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
How can deduct tds from auction cases (timber)