hii... is any change in gratuity act for may2011 xams....
can anybody give me the soft copy of gratuity act... pleaz frnd!!!!!!!!
thanku in advance

Can a company borrow loan from an individual outside the company, is there any limit or after effects.
will it effect the company in any other means.........?

How to study negotiable instruments easily?? Is there any short cuts??

Apart from ICA, 1956 Under which Acts must a new Co (manufacture & service provider ) must be registered

plz tell me for appointment of new auditor in case of death of company auditor durning the year.
can be filled by the Board of Directors at the Board Meeting.which type resoluation required special or oridinary resoluation

In the provision of partnership Act 1932 it is stated that maximum no of partners who can be partner in partnership firm are 10 for banking business & 20 for non banking business.Does it mean that 10 partners can start banking firm in india? If the answer is no,then what is the meaning of such provision?

I AM WORKING IN A PARTNERSHIP FIRM ( REGISTERED UNDER PARTNERSHIP ACT) ENGAGED IN REAL ESTATE BUSINESS SINCE THREE YEARS.
IT HAS THREE BRANCHES ALL OVER THE STATE. IT HAS MORE THAN 20 EMPLOYESS. MORE OVER IT IS PLANNING TO OPEN MORE BRANCHES THROUGHOUT THE STATE.

MY QUESTION IS WHETHER EPF ACT APPLIES OR NOT ?

IF YES , HOW AND WHY UNDER EPF ACT ?

AND IF NOT, WHY ?

Dear Sir,
One employee is working with our organisation for 12 years. At the time of his leaving i have calculated his gratuity as 15days pay for every one year complition of service. Which comes to 11.5 Lakhs.
As per it act limit for exemption is 10 Lakh.
My question is whether employer is obligated to pay only till 10 Lakhs or as per gratuity act he has to pay 11.5 Lakhs out of which 10L will be non taxable for employee.

Thanks
Mohini

Whether an employer can restrict the EPF recovery on salary Rs.6,500/- only even though the employee’s salary [Basic] exceeds Rs.6,500/- during their service, like the restrictions followed in Pension Fund [EPS], the pension fund amount which is to be calculated on Rs.6,500/- only. Or the employer can ignore the salary ceiling limits to PF contributions and recover the PF on actual basic salary earned/given per month. Employees are willing to contribute to EPF and to Pension Fund on actual basic salary.

Whether an employer can recover and contribute on actual basic salary [more than Rs.6,500/-] for both provident fund and to pension fund if employees give their willingness in writing to employer.

Is there any legal/act binding on employer side/part that they can restrict their contribution to the basic amount of Rs.6,500/-[for both EPF&EPS]

Plz let me know what are the benifits availab to Sick Units?