Can PF rate below 12%, if an employee want the deduction at
lower rate ?
Answer Posted / mahesh
For Employees
For New Entrants:
Enrolment: An employee is eligible for membership from the
day he joins the covered establishment.
If the employee’s emoluments exceed Rs. 6,500/- per month,
he has the option to join the Scheme(s) with the consent
of employer.
Declare previous employment details, if any, in Form No.
11 to the employer.
On becoming a member of the Schemes file details in Form
No. 2 ( family particulars/ nominations) through the
employer.
Rate of contribution payable by a member shall be @ 12% of
his emoluments.
A member can contribute statutarily over and above the
prescribed rate.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
is there in india the rate of work contract are same in all states if now what are the statewise rate
Define FBT with example & how it can be calculate ?
We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
what are accounting principles
Can u provided all the dues date and depositing date which are used in general manner or Income tax..
how we creat e-vat return in tally for punjab
what is the method of work contract tax computation
I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
What are the deductions under salary head?