Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

is provident fund is liability or indirect expenses for
employer???

Answer Posted / pankaj

Provident Fund is of Two types, as Follows below :

One is Employees Contribution
And Second one is Employer's Contribution

In the case of Employees Contribution, it is a liability(Current Liability) for employer.

In the case of Employer's Contribution, it is an expenses for employer.

Is This Answer Correct ?    59 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally

1514


what is cost unit n what is cost sheet?

2249


How P/E ratio usefull to the different people?

2216


What is the difference between lc and bg(letter of credit

2016


Tell me different branches of accounting?

1091


what is retention? how caculate on asset

2365


Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.

2156


purchase return liability or asset?should it be included in the balanced sheet?

1577


what is differnce between balance sheet of a bank & a company

2104


What is a ledger in regards to accounting?

1216


Do you know marginal cost?

1105


How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

2598


what is consignment entry?

2300


HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.

2036


Tell me do you think there is any difference between inactive and dormant accounts?

1124