Dear All,

Pls. guide me about maximum wages limit for deduction of E.P.F (Employees Provident Fund. Means if any person wages exceeds the limit than no requirement of e.p.f deduction.

As per E.P.F Rule any wage limit is fixed or not.

For example , E.S.I.C maximum wages Limit is Rs.10000.00

Pls. help me with details.

Regards
Bishnu Deo Sharma

I joined the company in starting of april 2009. My annual package was decided 200,000/- it was formal finallization. Till the date no confirmation letter was given. While giving the salary cheque i was quite shocked to know that my monthly salary that would be 16666/- comes to approx 14738.
The computation of salary is as follows:
Basic - 90000
Bonus - 8400 (that on basic as per Bonus Act)
Leave salary for 1 month - (200000-8400)*13= 14738

Actualy they included leave salary and divide annual package by 13 and their contention was that NO WORK NO SALARY

It means to avail 2Lac i have to work 365 days except public holidays. Than what does the mean of leave salary?
My contention is that leave salary is a benefir and that accrue as an employee works. so if in my account i have accrued leave salary, i have 2 option of utilize it - 1. To cash the leave or 2. Avail this by not going to office.
Leave salary is other than normal salary and should not be included in Annual package.

Please guide me on this. What is the right way about leave salary? Whether it is included in Annual package or it is extra benefit. And can an employer put it into contract like this?

Hi!
Please tell me what documents are required to be filed with SEBI by a Listed Company with regard to quarterly filings.

Thanks and regards

Gourav Mehta

PLEASE VERIFY PAN NO. AIPPK7669A
& AACHD3578A

What is the meaning / definition of Commercial establishments or complexes as per section 2(e)(a) of Wealth Tax Act

In a financial organization the EPS has been caclculated as
Net profit available to equity shareholders/No. of ordinary shares outstanding

An organization X ltd. is also having Debentures and Preference Shares besides ordinary equity in its Capital Structure

The organization is calculating EPS by taking into account EBIT as earnings available to equity shareholders instead of(PAT - Preference Dividend). this makes there EPS goes high as well as the market price per share and the value of the firm.

But in actual they are paying [PAT - Preference dividend(1 + CDT) - Retained Earnings] to equity holders.

is this procedure correct???

please also tell me what could be the intention of that organization in doing so???

Hi,

Myself Surajit Hembram & I am finance professional with 2 yrs. experience in PSU.

So, could you please provide me few samples of resumes(professionally crafted) then i'll be grateful to you.

Thanks in advance.

Surajit Hembram

Can the Bank charge prepayment penalty on closure of CC a/c. which basically is limit taken and is payable on demand.

Hi all..Is it charge free to use any ATM cards in any bank ATM centres? did RBI bring any amendments regarding this?

I wish to know what are the career prospects of CPA degree being awarded by ICFAI university-Hyderabad in India after completion of their MS(Accounting)Course.

Can anybody tell me it is worth to spend money in this course which is promising to be equevlent to CA but not upto the level of Statutory Auditor but upto the level of Internal Auditor.

Pl mail to me at bhattparesh24@yahoo.com.

Thanks & regards

Paresh Bhatt