Our company deducted Rs. 780/- as PF from mysalary though my basic salary is more than Rs.6500/-. I have resigned the job during 15.08.08 and they have fully settled my accounts. But at the time of full and final settlement they have deducted Rs. 764/- for PF. I have a doubt whether PF deducted is correct and why don't we calculate on pro rata basis.(i.e) Rs. 780/- is for full month so they have to deduct Rs.390/- for 15 days.

Kindly clarify.

We are manufacturers of cotton bales. We have units in Andhra Pradesh and Maharashtra.
I have doubt regarding EPCG lic., for our units in Maharashtra we have applied EPCG Lic. from Mumbai / Pune DGFT, now my doubt is for our new unit which is going to start within 15-20days, can we apply the IEC/RCMC/EPCG Lic. from Hyderabad DGFT itself, if yes, what is the procedure ?
I will be awaiting for reply.

Does all charitable and educational institutions registered under sec 12 of income tax act 1961 can be called as an NGO or NPO .or it has to come under the definition of Sec. 25 company under companies act(i.e company not for profit ) .

Is it required to submit Form 112 to join graduation course after completing foundation.

Is it required to submit Form 112 to join graduation course after completing pcc.

what is the rate of the provision of NPA,Sub-standard assets,standard assets ??

What is the best mode of earning highest return on investments ? In which sector does an individual should invest to earn maximum rate of return ?

We have been buying Personal Protective Equipment (PPE) and other safety related items like fire extinguishers, safety shoes, spectacles, tyre protection chasis etc.against concessional sales tax of 2% for use in the plant. Please inform whether we can issue form C for the purchases or shall we have to pay the differential tax to the vendors.

If a person has a basic pay of Rs.3000, DA Rs.300 & Other allowances & perquisites Rs.1700, can u explain me how to calculate EDLI & Administrative charges on PF & ESI? The current rates of PF is 12%, Employer's contribution to EDLI @ 0.5%, Admin. Charges @ 1.10% of emoluments towards PF & Admin. Charges @ 0.01% towards EDLI.

My query is if there is appreciation in one currency than other currency will depreciate at same percentage or not. And it will be calculated?

Sir,

One of my client has paid for 6 years of profession tax under amnesty scheme 2007 of the profession tax departmnet in October 2007. His accounts are under tax audit. Could u please let me know whether the entire amount of profession tax paid of Rs.15,113 should be offered for disallowance u/s 43B?