26 August 2016
we r hiring candidates on contractual bases for eighth month on salary of eighteen thousand per month to work in a govt. school plz help me in making contractual letter for them and guide me what deductions are applicable in there in salary's we can not deduct PF, as per labour law please suggest.
26 August 2016
PF not applicable as the salary exceeded the limit of 15000. TDS applicable u/s 192, calculate the tax payable for 8 months salary and deduct it equally for 8 months.
CAclubindia
