PROFESSIONAL TAX IS LEVIED IN THE VARIOUS CITIES IN INDIA AS PER THE PROVISION OF RESPECTIVE LAWS IN THE CONCERNRED STATE. CAN I HAVE THE RELATED LAW OF PROFESSIONAL TAX AND SLAB RATE IN VARIOUS CITIED IN INDIA?

Ours is a 100% EOU registered under STP Scheme and operating from Feb 2005 in Karnataka. We are importing capital goods from different countries and would like to know whether this will attract Entry Tax under the The Karnataka Tax on Entry of certain Goods AND
under The Karnataka Special Tax on Entry of Certain Goods Act, 2004.

can Insurance on newly purchased vehicle to be capitalised?

my ca from whom i ll be takin my articleship is sayin
to me to sign the transfer form no.109 before joining and said if i ll not be gud at work he ll give me transfer
wat shall i do now join it or not

let if our transaction in future mkt. goes to rs. 1,00,00,000 but net profit remains only rs.1,68,000/- then are we liable to maintain books of accounts and liable to tax audit?

A manufacturing concern is paying excise & service tax on its inputs.
But its output is exempt from excise.Also,it is registered under GTA & Business auxiliary services.

Can u please suggest me the alternative action available for the company for availing Input credit.ASAP

Is there any rule of cmpulsary of stipend

A company making staff recruiment expeses liable to FBT?if yes, then under which section?

Also, A company reimbursing staff shifting expeses liable to FBT?if yes, then under which section?

Dear All,

I am 1st class B.COM WITH TOTAL 5 YEARS OF EXPERINCE IN FINANCE & ACCOUNTS IN PUNE.
ACTUALLY I AM TRYING TO CHANGE MY CURRENT COMPANY FOR THE LAST SIX MONTHS. I HAVE ALSO ATTENDED LOTS OF INTERVIEW FOR THE LAST SIX MONTH. I HAVE REGI ON ALL JOB WEBSITES. BUT STILL I AM NOT GETTING SOME GOOD PROFILE WITH GOOD COMPANY.

MY PROFILE IS AS FOLLOW:



CURRENT Job Profile: -


Ø Processing Salaries for the Regional staff i.e. Permanent & Temporary both.

Ø Cost Center Accounting (CCA): Organization, Customizing and Maintenance.

Ø Preparation of accounting schedules required for accounts finalization.

Ø Preparing Bank Reconciliation’s Statement on daily basis.

Ø Payment & Reconciliation of ESI & Professional tax liabilities.

Ø Processing & Reconciliation of Petty Cash Account for the Entire region.

Ø Preparation of MIS reports to provide feedback to top management on financial performance.

Ø Preparation of P & L for Salary & Expenses.

Ø To keep watch on bank inflow & outflow, & accordingly make projection for next day.

Ø Verifying, Processing, & recording Travel advance requests, Employee claims, Payment requisitions.

Ø Expenses booking of all the Branches for the Entire region.

Ø Recording of routine accounting transactions in the accounting system, such as Cash, Bank & journals etc.

Ø Tracking the total outstanding of the company on a daily basis.

Ø Maintaining and monitoring of Fixed Assets Register.

Ø Looking after Full & final settlements of employee.

Ø Ensure timely payment to Vendors & landlords as per agreement or payment terms.

Ø Follow up with Bankers for reversal of Bank Charges and Interest charged.

Ø Ensure timely & accurate Closing of accounts by due dates.

Ø Coordinating with auditors for the Finance & Accounts Audits & solving their queries.







PREVIOUS Job Profile : -



Ø Monitoring BRS for Reconciliation of Bank balances involving active co-ordination with Bank authorities.

Ø Maintenance of Cashbook, Party ledger, & other General Ledger.

Ø Responsible for Account Payable and Account Receivable.

Ø To Calculate & Pay Professional Tax of all employees on monthly basis.

Ø Payment of all Expenses within due date & with prior verification.

Ø Interacting with Stock Exchanges & Clearing Houses for settlement mechanism & acting for “Pay-Out” & “Pay-In” of Funds.

Ø Issue of Debit Notes & Credit Notes.

Ø To Enter Receipt & Payment Entries in System.

Ø Day-to-Day verification of Party Ledger Trial balance & follow up for Dues from Parties.

Ø Responsible for Funds Management & all Banking transaction of the Company.

Ø Verification of Petty Cash Expenses.

Ø Handling Queries of Internal & External auditors pertaining to Accounts.

Ø General Office Administration at H.O.




FIRST Job Profile:-



Ø Preparation of Bank Reconciliation Statement

Ø Reconciliation of Cash Management Services (CMS) for Mice. Clearing cities

Ø PIS, Dishonoured and Bank Charges accounting of branches into H.O System.

Ø E-mail and follow up with branches for Debit \ Credit details of Reconciliation.

Ø NOC Issuance to Hirer's.

Ø Data loading For Insurance Renewals into H.O. System

Ø Verification of Cash Register’s / Expenses of Branches

Ø Customer handling and solving queries of Customer's / Hirer's.


PLEASE TELL ME WHAT TO DO TO FIND THE JOB ON IMMEDIATE BASIS.

Net Taxable amount RS.277000.00.
Calculate income tax on NTA as per A.Y.08-09.

please show me the caculation procedure as per slab rate.