Interested to Buy Any Domain ? << Click Here >> for more details...
a) what are the rate of employees & company's contribution
for PF & ESIC?
b) what is the ceiling in case of ESI deductions?
c) what are the due dates for paying ESI/PF
- 6 Answers
- 18039 Views
- Ess Dee, I also Faced
- E-Mail Answers
Answer Posted / vinay kumar kharbanda
Basic Ceiling is Rs.6500/- for PF i.e.higher basic salary
will not be considered.
PF contribution by Employee is @ 12% of Basic salary
PF contribution by Employer is @ 12% of Basic Salary
Admin.Charges @ 1.61% of Basic salary payable by Employer
i.e. total contribution by employer is 13.61%+ employees
contribution portion payable upto 15th of following month.
Basic ceiling is Rs.10000/-gross excess earner will be
exempted.
ESI contribution by Employee is@ 1.75% of gross earning.
ESI contribution by Employer is @ 4.75% of gross earning of
employees payable before 21st of next month of salary.
| Is This Answer Correct ? | 23 Yes | 7 No |
Post New Answer View All Answers
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
where is suspense entry is entered in tally erp9
What is the process of VAT & CST Registration?
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
Being BE student why you want to join bank?
Do v call director in the partnership firm?
what is Contra Asset?
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
what is the difference between speculation & investment?
how to entery pass in tally when items damage(items insured)and claim to insurance co.
