Hello,

During an assignment of audit, i come to know that the audit party has paid admin charges @ 1.61% on basic salary during the year under provident fund obligations along with contribution.

My concern is that, whether this treatment is right or any ceiling limit for calculating admin charges (i.e. 1.61% on basis salary) is there, because i have read some where that it should be calculated by adopting a fixed ceiling limit of wages of rs. 6500 and this treatment done by accountant of my audit party has resulted into huge extra cost to the company.

Regards,

Mohit Bansal
Audit Executive
9911688512

Please help... I have open my personal PPF a/c and my daughter's PPF a/c. There is 70000/ limit to invest in PPF to get 80C deduction.
I want to invest 70000/- to both the account (total 1 lac 40 thousand) i.e
70000/- my PPF a/c and
70000/- my daughter PPF a/c
for any financial year.

Can I invest in above way without considering 80C deduction .

Dear Sir,

Please clarify the formuala of Positive NFFP to achived by SEZ Unit as under.

i.e. What does this formula stand for, especially the sign >>?

A - B >> 0



Best regards,

sir
if a party not providing c'form what action we can take against them.

Hi,
AT INTERNAL RATE OF RETURN (I.R.R.), PRESSTNT VALUE (P.V.)OF CASH INFLOW IS EQUAL TO P.V. OF CASH OUTFLOW. THUS NET PRESENT VALUE (N.P.V.) IS EQUAL TO ZERO. THUS SINCE MY N.P.V. IS ZERO AT I.R.R. I AM EARNING NOTHING. THEN STILL WHY IT IS CALLED AS A RATE OF RETURN WHEN THERE IS NO RETURN AT I.R.R. AS P.V. OF ALL MY ERANINGS IS JUST EQUAL TO P.V. OF MY OUTFLOWS.
PLEASE REPLY.

what is the percentage required in b.com to register IPCC directly.....???pls reply me

Please advise me the procedure to set up a emplyoee provident fund in India?

Further whethetr a liasion office in India can set up provident fund in case it wants to set up a emplyoee provident fund in India?

Regards,
Karan
B.com(Hons),CS,LL.B

I Started my articleship from 01.01.2008 which is to be completed on 30.06.2011. but by mistake i fill the date of completion 01.06.2011 on the form while registering my article training . what should i do. shall i deposit my form 108 before 30.06.2011 or after 30.06.2011. i also have excess leave. can i deposit form 108 inclusive of excess leave

Hi,

An NRI want to invest in the equity shares of a company doing the business of agriculture. The funds will be transferred in Indian rupees

What are the procedures to be followed by the NRI for transfering the funds and by the company on accepting the funds.

Please advice.

Dear member,
What should be done if PAN Card is Lost ?
What is the procedure ?