How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / juhi sadab
Answare/ juhi
Pf calculation from basic salary
Employee contribution-12%
Employer contribution-3.67%
The employer contribution divided into two 8.33% for pension fund & 3.67 for pf
ESI
ESI calculated from gross salary
Employee-0.75%
Employer-3.25%
Total-4%
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is cenvet credit in vat.
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me
can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
why use diff vat forms like vat51 vat3 why
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?
can i adusted our vat credit in W.C.T. payable?
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.
updated rates of sales tax & VAT in Maharashtra
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
Does the tax liability of an individual get affected due to his residential status? If yes, explain.