how to applicable esi what is the rate of percentage i am
getting Rs. 15000/- gross salary and how much amount will
deduct esi from my salary
- 3 Answers
- 4142 Views
- I also Faced
- E-Mail Answers
Answer Posted / manish kumar jha
ESI rate is 1.75% of gross salary that is 15000*1.75%=262.5
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
What are its characteristic features of financial accounting?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What is departmental accounting? Give an example
What qualification do you need to become an accounting professional?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
what's the difference between impress cash account and petty cash account
how to calculate basic to gross salary
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
Tell us what kind of work environment do you prefer?
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?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
in Sensex and Nifty, what is the measure to take the points
how in the big companies the budget are prepared and controlled?
how to calculate the per unit cost of production
Define overhead in terms of accounting?
