Are emplyees having salary more than rs.6500 not liable for epf deduction?

Dear Friends..
Can any1 tel, whether disallownc of employee`s contribution is applicable if EPF payment is made with in grace period allowd in PF Act?
Is it same 4 ESI too?

A question in context with Sec 287
Required quorum = 4 directors
Present directors = 4
After one resolution is passed, one of the 4 directors leaves the Board meeting.
The board meeting in such a case will be VOID for the want of quorum, but what about the resolution which was passed with 4 directors present?

I have got my cheque dishonoured few months back. It was issued by a Company. What can I do now?

Dear Experts,
Very urgent issue,
A newly started private limited company accounts has been finalized. For Income Tax Act purpose we will be filing it before 30th September 2010. For the purpose of Companies Act, pls. tell me what is the time limit for filing the annual report.
Also tell me what are the forms that has to be uploaded in mca portal.
Thanks for the everyone guiding me...
With regards,
Rajesh.

In the matter of Leave Travel Allowance Honourable supreme court (in the case of larsen & tubro ltd.) has given the verdict that the employers are not under statutory obligation to collect evidence from its employees. What if the employer still demands for the proof of travel?
And please also clarify what happens if the verdict of supreme court is not followed?

Dear Experts,
Very urgent sir... i have explained the issue so that the experts will be able to understand it clearly. If it is too elaborate i am sorry for it.
For a private limited company...For the financial year ended 31.3.2009 all the directors have received managerial remuneration. For that year they have also filed the necessary Forms with the ROC. Since the financial position of the company was not that much good in the fin. yr. ended 31.3.2010 the directors did not want to get their managerial remuneration, so they did not even filed the necessary Forms with the ROC. But after finalization of the accounts now the directors want to take their managerial remuneration. The amount of managerial remuneration is not going to be changed from the fin. year ended 31.3.2009.

So is it mandatory to file the necessary Forms with the ROC also for the fin. year ended 31.3.2010? Until now since they have not filed the necessary forms can they take the managerial remuneration for the fin. yr. ended 31.3.2010.?

If they want to take the managerial remuneration, only JV can be passed. the managerial remuneration payable should be shown in the liabilities side. Please tell me under what head in the current liabilities i have to show. Can i show it as managerial remuneration payable under current liabilities itself or some other name i have to give?


To sum it up...
1) Whether managerial remuneration for the fin. yr. ended 31.3.2010 can be provided now even when the relevant forms have not been filed with the ROC, if the amount is not changed from the previous year ended.
2) Since only JV can be passed now under which name i can show it in the current liabilities - as per schedule VI requirements.

With regards,
Rajesh.

hi everybody,

Can anyone please send me the rules and regulations to set up a business in india by a foreign national.Its urgent....

Dear Sir,

Is it compulsory for a company to keep Members' register both in physical as well as electronic form if that company opts for electronic form.plz, give detail.

Dear Experts,
The balance sheet of a private limited company has been finalized now it has be to be filed for the income tax purpose and companies act purposes.

Since it is mandatory for a company to have digital signature in filing the returns both for income tax portal and companies act portal we are using the digital signature for the company.

But the company also has M.D. and Directors. If the M.D. also has digital signature and other directors too have digital signatures for their individual purpose.
My doubt is
1)Then which of these digital signatures
( company or M.D. or Directors)has to be used for filing the return of the company?

2)If the return has to be signed by 2 office bearers of the company, one being the M.D. if any appointed by the company and any other director of the company, how can it be signed by the M.D. and directors.

3) Whether such M.D. and directors are required to sign the annual reports or only annual accounts in hard copy?

Pls. explain me...to understand the concept.

With regards,
Rajesh.