Hi All

What would be the ESI applicability if an employee getting salary with different amount due to receipt of Sales incentive? (Fixed pay + Sales incentive)

Please clarify me what a company do comply with ESI provisions on below instances.

Instance 1:

An employee is getting salary of Rs. 25000 (Fixed Rs. 20000+Incentive Rs. 5000) including Sales incentive in a month. What will be ESI contribution?

Instance 2:

The same employee getting salary of Rs. 20000 (Fixed Rs. 20000+Incentive Rs. 0) including Sales incentive in a month. What will be ESI contribution?

Is anybody can guide me in this regard?

Hi,

I understood that Indian customer cant do payment in foreign currency to Indian company. But i want to know can they raise invoice in Foreign currency to Indian entity. If yes, what is impact on GST. Thanks

Is there any certificate or License under Essential Commodities Act, West Bengal
If yes then is it mandatory or optional and where we can apply for this certificate or License

Dear Friends,

I am planning to import Lithium batteries. And there after the same will be sell all over india.
So, what all certificates are require can guide me?

There is an organization xyz emplying more then 20 persons.
1- Organisation has a policy to register the Employees with EPFO portal and deduct EPF and ESI only after 1 year of joining. is it permissible ?
2- MR M is a new employee and Organisation failed to resgister and deduct and Deposit EPF and ESI amount, now after 9 months they want to deduct the PF and ESI amount with effect from 1 March 2022, is it possible if yes ?
What should be the date of joining at EPFO Portal further Employees name has been included in the 24Q for Q-1,2 and .

Kindly guide how organisation should proceed by complying the relevant laws ?

Dear Sir,

We are a limited company without listed of share in Market.
One of the our shareholder is also company employee and company wants to taken loan from that shareholder .

so kindly guide to us can company taken loan from share holder also refer section.

Thanking you

Dear Sir,

We are a limited company without listed of share in Market.
our one share holder transfer his share to relative as a gift.

so my question is what amount of stamp paper required for gift deed.

Thanking you

I run a blog. Viewers would like to contribute small amounts as contribution
Will use it for promoting my website and developing it further.
What are the permission required if the amount is received from other countries?
What will be the tax impact?

Please let me know the details of stamp duty applicable in the state of Tamilnadu for partnership activities

Hello,
Suppose there is a Society (registered under SRA 1860 and FCRA 2010).
The Society is registered to develop and promote sporting activities. Some of the members of the society are NRIs (holding Indian passport) and NRIs (holding foreign passport and Indian OCI card). They will remit foreign currencies (complying with FCRA 2010).

My query is, can a part of these foreign proceeds be utilized to acquire equity/preference shares of Private Ltd companies registered in India for sporting purposes ?