Dear Sir/ Madam,
We have received FCRA funds parked in the FD and taken the Overdraft facility against the FD. Below are my questions.
1. Is this allowed as per the FCRA Act?
2. Will the OD amount be considered domestic or FC funds? if it is a FC funds -
3. Can we re-pay the OD from domestic funds?
Thank You
Vijay
Sir, We have missed payments for Sep-2023 but now after 15th November portal is not allowing us to pay or make challan in monthly contribution.
I tried a many times by loging in esic portal of employee but after login in red color some notification will be i getting and i tried a many times to skip that notification but i am not able to skip it. Is there any ways to skip that notification. Guide me!
1. In case none of the employees in a company have salary 21k or below but the count is above 10 and company got ESI registration at the time of incorporation, does it still have to add those employees on ESI portal and generate IP?
Or the nil contribution filing to be done without adding the employees?
2. Registration done in 2021, so do the returns for that period till date needs to be filed? Can it be done? No coverable employees i.e. with salary below 21k at any point of time.
Kindly clarify.
By virtue of provisions of section 16 of employees Provident Fund Act 1952, certain establishments are outside the purview of this Act.
Query:
Even if any establishment is outside the purview of this Act, are they not supposed to follow the PF RULES REGARDING DEDUCTION OF PF FROM SALARY OF EACH EMPLOYEE AS PER APPLICABLE RULES NOTIFIED BY THE CENTAL GOVERNMENT.
THE CENTRAL GOVERNMENT HAS AT DIFFERENT TIMES NOTIFIED RATES AT WHICH PF IS TO BE DEDUCTED FROM SALARY OF EMPLOYEES.
ARE NOT THE EXCLUDED ORGANISATION REQUIRED TO FOLLOW THESE GUIDELINES.?
If in a CA firm with 2 partners. If one partner dies, is existing partner consent needed to close the firm? Can existing partner file a complaint if legal heir of deceased partner apply for firm closure?
Need your responses in this
Kindly advise
Can we continue to enjoy the benefits of NRE SB and NRE FD after coming back from a foreign country and settling in India?
How many years/months we can keep it without converting it into domestic Accounts?
Can we transfer the balance in NRE SB and NRE FD without converting to domestic accounts to close relatives' NRE accounts - after ONE year from returning from a foreign country and staying in India for more than 182 days continuously?
Me and my wife are partners in a firm. My wife wants to transfer her share of 50% to me and my 2 sons. what is the value of stamp paper that is required for the same. Kindly advice
Hello All,
Our sister concern is a Restaurant and GST of 5% as per GST rates is charged to the customers , can ITC of 18% and 12% on the rawmaterials be claimed or only 5% is allowed to be availed
Please advice .
SIR,
MY QUERY IS IF COMPANY A PURCHASE SHARE FORM COMPANY B 30% SHARE , THEN HOW TO PREPARE a consolidated balance sheet.
Company A Company B
Purchase (3000share from B) 30%
UNLISTED SHARE -UNQUOTED
CAN I TAKE FULL FIGURE OF ASSET,LIABLITIES , EXPENSES OR 30% OF ALL ASSETS -LIABILITIES AND EXPENSES of COMPANY B .
THANKS
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Re: FCRA funds clarification