Can any body explain me about Bank Guarantee?
If Bank Guarantee is given by a bank on behalf of a company, does that company has to
i) provide any commission to that bank?
ii) the company has to set aside some
amount to the bank so that after BG period is over the same amount is transferred to the cc account of the company?

As per P.F. Act, Maximum Basic Salary is RS.6500/-.
My query is if my basis is Rs. 10000/- in that case can i request my employer to deduct p.f. on rs. 6500/- instead of rs. 10000/-. If yes, what is the procedure for that.

If it is specificaly mentioned in P.F. Act kindly send me.
Thanks

WHAT IS THE INDUSTRY ACTIVITY CODE ACCORDING TO ANNEXURE -A(FORM-23_HELP) FOR THE FOLLOWING OBJECT:-
To carry on the business in India or elsewhere to import, export, buy, sell, re-sale, trade, manufacture, repair, maintain, prepare, produce, process, disinfect, fermentate, compound, mix, clean, wash, concentrate, crush, grind, segregate, pack, re-pack, add, remove, heat, grade, preserve, freeze, distillate, boil, sterilize, improve, extract, refine, fabricate, assemble, alter, barter, transport, store, forward, distribute, dispose, develop, handle, market, supply, design, lease, hire, let on hire and to act as trader, agent, broker, representative, adatia, stockiest, liasioner, middleman, vendor, consultant, collaborator, consigner, exporter, importer, job-worker, in all type of agro product obtain from any type of operation such as farming, pericultures, sericultures, horticultures, apicultures, agricultures and forest produce & waste, consumable or non-consumable food products, commercial food products, pulses, cereals, milk and milk products, cattle feed and poultry feed, dairy products, raw cashew nut, cashew nut, tea, coffee, spices, edible oils, edible seeds, non-edible oils, non-edible seeds, oil cake, hair oil, soap, , detergent, washing power, hena(mahendi), leather goods of all kind, textile, garment, handicraft, cloth, cotton silk, wool, woolen goods, jewellary, liquor, gum, arabic-gum, raw rubber, rubber goods, plastic goods, electronic equipments, computers, computer hardwares and softwares, electrical equipments, plant & machinery, basic drugs, drugs and medicines, cements, ceramics, metals and metal products, minerals, mineral ores, papers, vehicles, automobiles and automobile parts, utility items, tools, jigs, timbers, wood and wooden goodS........



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