epf applicability


Non-applicability of Wealth-tax for November, 2015 CA Final Examination

Important Announcement Sub Non applicability of Wealth tax for November 2015 CA Final Examination The Finance Bill 2015 introduced in the Parliament on 28th February 2015 has proposed to abolish the l

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CARO 2003 and additional reporting under new Companies Act

ANNOUNCEMENT ON CARO 2003 AND ADDITIONAL REPORTING UNDER THE COMPANIES ACT 2013 We are receiving queries from the members regarding applicability of CARO 2003 along with Auditors Report on financial s

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Amount received by companies from their members not treated as deposit

Amount received by private companies from their members directors or their relatives before 1st April 2014 Clarification regarding applicability of Companies Acceptance of Deposits Rules 2014 Detailed

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Employees Under the Employees Provident Fund(Epf) to be Provided two Options

The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund EPF the employee needs to be provided two options Firstly the employee may opt for EPF or the N

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EPFO settles more than One crore claims in the current financial year Employees Pension Fund deficit comes down to 2.5%

Shri K K Jalan Central P F Commissioner while reviewing the performance of EPFO for the month of January 2015 noted that the organization has settled 11 05 lakh claims 73 of the claims were settled wi

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Experts Opinions

Applicability of pf on professional fees?

hi experts we are company and going to appoint one CA holding COP on contract basis for accounting consulting works and he will have full time work in our office do we need to count him for the purpos

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Applicability of cost audit -developers of residential flats

Dear All Under Section 148 of the Companies Act 2013 read with the corresponding Companies cost records and audit Rules 2014 the cost Audit is mandatory for the Construction Companies Sl No 21 of the

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As-28 applicability

Does AS 28 Impairment of Assests applicable on LAND

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Applicability of exice

Assessee purchse 4 5 crore and sales 1 30 crore whether excise applicable or not

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Applicability of vat on meat

whether vat is applicable on meat

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Applicability of section on OPC

APPLICABLE SECTIONS I Definition of One Person Company Sec 2 62 II Definition of Financial Statement Sec 2 40 III Definition of Private Company Sec 2 68 IV Formation of One Person Company Sec 3 V Memo

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Tads applicability

We are arranging buyers credit against import collection bills from foreign banks Is it necessary to deduct TDS on the portion of interest payment of buyers credit

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Loan taken in form of shares, applicability of 269ss

Hello My client is a share trader as well as speculator and many times it happens that my client short sell the shares As per exchange rules one cannot sell shares until he has delivery for the shares

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Esi and epf

please tell the basis computation of esi and epf whether both are paid on gross salary or not and also due date of filing of returns

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Tds applicability

If a foreign consultant serve the professional service in foreign country and payment is payable from India Is this transaction liable to TDS in India for Example A consultant resident of Sri Lanka an

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  • Service Tax applicability on Hotel Industry

    Powerpoint presentation on Service Tax applicability on Hotel Industry


  • Changes in Financial Reporting & Advance Accounting

    Modification in the Syllabus of Accounting Papers and its applicability


  • Exemptions & relaxations to private companies

    Exemptions to private companies from applicability of provisions of Co Act 2013


  • Summary of Amendments to Companies Act 2013

    The Companies Amendment Act 2015 hereinafter referred to as Amendment Act has amended some of the provisions of the Companies Act 2013 hereinafter referred to as Act The date of applicability of section 1 to 12 and 15 to 23 is notified to be 29th May 2015


  • Important changes under Central and State Tax Laws

    The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1 Conveyance Allowance Transport allowance granted to an employee is exempted up to Rs 800 per month The limit of exemption is now enhanced to Rs 1600 per month 2 Profession Tax Those whose salary for a month was more than Rs 10 000 were supposed to pay Profession Tax of Rs 150 per month Now from 1st April 2015 the persons drawing salary up to Rs 15 000 per month are exempted from Profession Tax Applicable for Bangalore 3 Profession Tax exemption for senior citizens who have attained age of 60 Years Applicable for Bangalore 4 Wealth Tax Is abolished from 1st April 2015 Keep all the wealth tax papers of past 8 years in safe custody even though wealth tax is abolished from FY 2015 16 5 Mediclaim Insurance The premium paid towards mediclaim insurance is enhanced from Rs 15 000 to Rs 25 000 per year for senior citizen it is enhanced from Rs 20 000 to Rs 30 000 per year u s 80D 6 Basic Exemption Limit for VAT registration in Karnataka Now the traders who expect to do annual taxable turnover sales of less than Rs 10 Lakhs needn t register under Karnataka VAT Laws However other aspects of registration which were applicable till March 2015 will continue to apply 7 Reverse Charge Method under service Tax Laws w r t Manpower Consultancy Currently in case manpower supply or security services is provided by individual HUF or partnership firm to a body or a corporate the service provider is liable to deposit Service Tax to the extent of 25 and service receiver liable to deposit Service Tax to extent of 75 W e f 1st April 2015 Service Tax is not required to be charged by specified service provider i e individuals HUF Partnership Firms and the same is to be paid by the service receiver entirely i e instead of 75 the service receiver has to pay 100 F No 334 5 2015 8 ESIC Payment Through Online Online payment of ESI contribution made easier Now facility for payment of ESI contribution through net banking is made available through State Bank of India and 58 major banks 9 PF Payment Made Online The EPFO payment has been made online Mandatory effective from 1st May 2015


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Applicability of Rule 6 of CCR for interest income

After the introduction of Negative list of services from 01 07 2012 there are many issues arising with respect to Cenvat Credit availment utilization and also applicability of Rule 6 of Cenvat Credit

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TDS on withdrawal of EPF

TDS on withdrawal of EPF Employee Provident Fund U s 192A with effect form 01st June 2015 The Finance Act 2015 has Inserted a new section 192A regarding the TDS on payment of accumulated provident fun

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Clarification on applicability of secretarial standards

Secretarial Standards on General Board meeting Clarification Considering the date of effectiveness of Secretarial Standards from 1st July 2015 the Institute clarifies that these Secretarial Standards

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Budget proposed dates for applicability of amendments

BUDGET I Service Tax Proposed dates The budget has introduced several changes in Service Tax laws These changes aimed at widening the tax base and to pave the path for smooth implementation of GST The

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Ind AS applicability

Indian Accounting Standards Ind As As we all know that as per Notification of Ministry of Corporate Affairs on 16th February2015 Ind As has came into force They shall come into force on the 1st day of

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Updated on : 6/25/2015 8:34:09 AM