Dear all,
I need some clarification in PF.
PF is applicable to our company.
From this Year 10-11 we will be paying directors remuneration to 2 additional directors Rs.30,000/- & Rs.25,000/-.
Wheter we need to deduct pf from this payments?

Thanks in advance.


Sushil.

Hi,
can anybody tell me to get the total list of members of icai as on today.The different ways in which i get that list, please help me.

I received a Printing invoice, will i deduct TDS ? Which rate is applicable ?

I wanted to know whether there is any slab or ceiling to be considered as minimum amount as basic pay which can be considered for ascertaining pf contribution for an employee whose gross monthly salary is 6500 as per the existing minimum wages rules in Delhi.
is is permissible to fix basic as any amount like 500 or 1000 and rest amount be structured as DA, HRA, medical allowance, commuting allowance etc.?
pls. help me out to get clarity on the issue.
Regadrs,
Sushil Kumar

Dear Mr. Ramesh Krishnan,
I got your reply but my question was different. to be very specific, i wanted to know whether there is any slab or ceiling to be considered as minimum amount as basic pay which can be considered for ascertaining pf contribution for an employee whose gross monthly salary is 6500 as per the existing minimum wages rules in Delhi.
is is permissible to fix basic as any amount like 500 or 1000 and rest amount be structured as DA, HRA, medical allowance, commuting allowance etc.?
pls. help me out to get clarity on the issue.
Regadrs,

pl.explain these queries as:-

1 npv (net present value0
2 irr (internal rate of return)
3 present value of cash inflow.
4 present value of cash outflow.

One of my client has received gift from his brother's son. What are the tax implications of above transaction.

Thanks

Girish Sharma

i hv recently completed my CA and going for practice, some prop./partnership firms are interested in carrying tax audit from me.
As i hv to communicate with previous auditor, plz give me the prescribed FORMAT so that i can send registery of the same to him.
Should i also wait 4 his reply before starting tax audit?

I hv recently completed my CA. Now i want to ask is there any benefit if i go for ISA?
I will go for practice this year.

Is ISA necessary to get bank audits?

Hi,
My friend is working in a software com[pany. he joined the present company 3 years back.At that time he did not get his PF transferred form the previous software company where he was working. But 7 months back he applied in his present company to get the 1st company's PF transefered to this company. Its been more than 6 months now, but nothing has moved. when he approaches the old software company to move his file, they dont entertain him as he is a exemployee. the present company finance dept says the transfereor( old software company) company is not responding & that he needs to wait. He doesnt know what is happening.Does he have any other method of getting it transfered from the old company to the new company. He has also approached the PF head office. they say the company should follow up. He cannot do anything. Please advice how to get his PF transfered or withdrawn.We have tried everything that we could do & he is loosing patience now.Pls advice.