pls help me make a full salary with all deduction like PF,
ESI, HRA, Basic, conveyance etc with full rates% supose my
salary is CTC 10660/- & give me full form of CTC
Answers were Sorted based on User's Feedback
Answer / suma sy
CTC means Cost To Company.
The breakup may be as follows;
Basic=5000
PF=12% on Basic=600
ESIC = 1.75% on 10660=187
HRA=40% of Basic=2000
Conveyance as per the company limitaions/actual spent
| Is This Answer Correct ? | 66 Yes | 17 No |
Answer / vsharma
Amount Heads Creteria
3198 Basic 30% of CTC
1599 HRA 50% of Basic
384 PF Employer
384 PF Employee
506 ESI Employer
187 ESI Employee
1250 Medical Exempted as per IT-Reimbursement
800 Conveyance Exempted as per IT
154 Gratuity 4.80% as per Gratuity Act
266 Bonus 8.33% of Basic
1932 Other Allowances
10660
| Is This Answer Correct ? | 24 Yes | 10 No |
Answer / hareesha
BASIC :10660*40/100=4264
hra:4264*30/100=1279
Conveyance :800 fix
PF:4264*12/100=512
ESI:Depending on gross earnings
| Is This Answer Correct ? | 9 Yes | 8 No |
Differentiate between financial year, assessment year and previous year?
We are purchaseing one machine on duty of payment ( Capital Goods) in the staring of the month financial year 2009-10 at the time of purchase of machine we are not registered with the excise department. But my company registred with the excise department end of the same financial year What can we are taken cenvat credit on capital goods in the year 100% of 50% pls. given the comments or explain me all excise exparts.
I want to know about the site where i can do online application for F form. Please suggest site address and procedure.
What is Vendor Reconciliation and how is it done ?
what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???
IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT
what about present pf rate can anybody defined clearly
what is TDS
When the C-Form should be issued, Whether it is from the date of Invoice OR from the date of material received (Goods Receipt Date)
we have recd. 2 c form agn. 1 qtr so can we issue 2 e-1 form
How many turnover company active TAN no applicable and how many deduction % of service.
Is there any change in the section 80DD for the financial year 2009-10