Interested to Buy Any Domain ? << Click Here >> for more details...
How to calculate PF with example
- 18 Answers
- 138225 Views
- manappuram, Meta Arch, The Chennai Silks, I also Faced
- E-Mail Answers
Answer Posted / seema pandey
if basic salary is Rs. 6500 then pf is calcuated 12% of
basic salary ( 6500*12%=780 Amount deducted ) suppose if
employee salary is less then 6500 ( 5000 Salary P.M) then
pf will calculate 5000*12% - 600 deducted.
| Is This Answer Correct ? | 231 Yes | 53 No |
Post New Answer View All Answers
How will service tax & excise be charged?
discuss seperate determination concept
What is full rate on plywood box in haryana sale tax:
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
The main financial accounting statements?
WHERE WE CAN USE VAT 5%,14.5%
Tell me did you use accounting applications at your previous companies or prefer working manually?
What information do you require before you approve an invoice for payment?
professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
what is penaultimate sale
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
Sir i want to ask that if the salary above 6500/- than also pf deduct.
journal entry for goodwill and capital bought by a new partner?
