Do companies pay exactly same amt of P.F (as employer's
Contribution )as deducted from employee's salary
Eg. employee's cont. 5000/-
employer's cont. 5000/- is it
Answer Posted / dhokchaule kishor
No, Employer only liable to contribute 12% of the basic
salary of employee plus admin charges, not equal to
employees contribution,
If salary is Rs-5000/-
Employee contribution-Rs.600/-
employer contribution-Rs.600/-+ admin charges
in this case if employee contribute 18%,i.e.Rs.900/- then
employer not liable to contribute same amount his share is
only 12% i.e. Rs.600/-
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
what do u meant by investment banking
i want about TDS full details with Limit,Rate and Entry in Tally ?
Excise duty applicable for Handmade Production?
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
What are the procedures for remitting WCT?
Please explain how to pass entry for VAT setoff and Service Tax Credit?
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
Define assessment year.
how to calculate service tax on tds
How tax deduction at source is deducted
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?