The minimum fair wages for unskilled are Rs. 150 per day.
That is Rs. 3900.00 p.m.
We bifurcate them as:
Basic 1800+DA540+HRA660+Other allownaces 900
We keep Basic+DA @ 60% and pay PF on that.
Is it correct?
Or PF must be paid on minimum fair wages. Any ruling on this?

Is PF applicable on amount payable to an employee to the extent of no. of days in the credit of the employee (unutilised leave). IF yes is it on a month to month basis, or at the time of actual encashment of leave?

Dear All

Pl. express your views on the following matter.

1) A director of public limited company is drawing salary. He resigns as director. Company proposes to pay salary to him as an employee. As the person is related to another director whether provisions of section 314 will apply ?

2) An existing director is proposed to be appointed as whole time director as he is going to draw monthly remuneration. Please specify the procedure to be followed with draft resolutions.

Will a person residing at abroad is eligible to enter into partnership as working partner registered under partnership act in india

how can i earn money from doing online jobs relating to accounting ,audit & income tax area.
plz give me suggestion reguarding this
how can i safely doing such types of works

Please refer my query dated 10th July, 2010 regarding can a pvt ltd co issue debenture without appointing a debenture trustee.Pls reply since i have recived no reply.

what is doctrine of indoor management?

Hi you all can anyone explain me regarding my Q. my CA raise bill on me for filling tax return i dont have problem for that but on that bill he sign with their comany name for eg; shah & co now my question is thah this is correct method of sign. or any law consider for professional people having authority to sign like this. plz explain

In CIF terms & FoB terms, when the risk will pass on to the buyer? Please expain.

Form 23ACA is used for filling profit & loss account & other documents with the registrar.My question is that in case of newly set up company that is incorporated in jan.2009, & at present it is incurring pre operative expenses and it has not filles annual return for the F/Y 2008 - 2009 yet. What will be the treatment be given for the F/Y 2009 - 2010.explain?