PF is calculated on basic salary and it's 12% of basic.And
if basic is more than 6500 then also it is deducted 780 is
the maximum limit.
It's due to ceiling of 6500/-.
But in some firms 780/- is not limit there is deduction of
exact 12% of basic if my basic salary is 11500 then there
is deduction of 1380/-.
And in PF there is contribution from emloyer also.
If my PF is deducted 780/-then Employer will also
contribute 780/-.But whole this 780 is not going to PF
account.Out of 12% of employer contribution 8.33% is
contributed for pension scheme and 3.67% for PF.
And ESIC is calculated on gross salary.
If gross salary is more then 10000/- then the employee is
not applicable for ESIC.ESIC is deducted as 1.75% of gross
salary of employee.In ESIC also there is Employer's
contribution and it is 4.75% of gross salary.
1. what is the last date for payment of tds for the month of
2.Will the due date differs for each assessment years? if so
what is due date for payment of tds for March Month for the
Assessment year 2008-09?
Is Service Tax chargable by Real Estate devlopers to be
charged on the entire cost of the property or only on the
service conent of the cost and not on the cost of land and
cost of construction material? Can the developers demand
Service Tax on installments paid by the buyers before the
real sale takes place?