Interested to Buy Any Domain ? << Click Here >> for more details...
Do companies pay exactly same amt of P.F (as employer's
Contribution )as deducted from employee's salary
Eg. employee's cont. 5000/-
employer's cont. 5000/- is it
- 15 Answers
- 31094 Views
- ABC, Deloitte, I also Faced
- E-Mail Answers
Answer Posted / vinay kumar kharbanda
The employer have to pay equal amount of PF deducted which
is limited upto 12% of Basic Wages. But in addition the
employer have to pay 1.61% as administrative expenses. It
is also to be considered that the threshold limit of PF
deduction is Rs.6500/-. The excess amount of salary is to
be ignored.In present question employer have to deposit
Rs.5000/-employee cont.+Rs.5000/-employee cont.+Rs671/-as
admin.charges. So total amount to be deposited by employer
is 10671/-
| Is This Answer Correct ? | 15 Yes | 1 No |
Post New Answer View All Answers
Basing on what we can made TDS payment
due date for issue of C form, if c form is not issue what will be the consequences
Pls give a details knowledge of Income Tax (including TDS, TCS)duty paid online form no., due date, return form no. and due date, limit of turnover for auditing, procedure of auditing and income tax depreciation, etc.
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
In advance c form dvat why not showing the amount in form verification
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
how form h fill up?
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.
Cenvat credit transaction journal entries. And what does the term reversal of credit means
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
Which income is considered as accrued income?
