HI,

My self is an Accounts Officer working in a MNC dealing with BPO Services. We are having the PF registration and have been deducting the PF according to their Basic salary and depositing the same in SBI and also depositing the monthly returns.

Regarding the same I wanted to know the following:
1. Lets say if aemployee's Break up is Basic Salary = 6500.00, HRA= 3250, Conveyance All = 800, Medical All = 1250 & Spl All = 1200.00 amountind a package of Rs. 13000.00. The his PF deduction will be 780.00 and what is the criteria for ESI deductions???
and
2. If the salary of the employee increases from 13000.00 to 20000.00 then his break up would be Basic salary = 10000.00, HRA=5000, Conveyance=800, Medical all=1250 & Spl All=2950.00. Now my Question is PF will be deducted 780.00 (as it is the maximum level) and the break up is what I have given. IS ir OK or something different?

and
3. what is the eligibility criteria of ESI deductions and what is the procedure and how it can be implemented.

Please give the answers andf I will be highly obliged.

Thanks & Regards
Someshwar Rao
09999009827

A foreign company has obtained the permission from the RBI as liaison office in India and the Company has opened the Saving Account in the name of the person to whom power of Attorney is given and in the Saving Account Interest Income is also reflecting in the account,
The Company is using this account specifically for the transaction of the Company only.There is no any personal transaction done by the Power of Attorney holder through this account .But as per RBI people say that the account should be in the name of Company only. Please advice whether is ok or not. and can it be said that all RBI guidlince are complied with and CAN AUDITOR CERTIFY THE SAME (That all guidlines are comoplied)

Thanx & Ragards.

Dear Sir,

We are EOU Unit and Registered in June-2007.

Now We Require to Debounding our EOU and want to convert in EPCG what rate of duty to be paid on this convertion .

What Benefits is forgo

thanks

Dear Sir,
Please Brief this notification.

Thanks

Sir, Hope u r doing great......i have a query ...shall TDS be deducted on service tax as well in a consolidated bill issued by a contarcor...if yes plzzzzz confirm the same by any links or circular......... well i blv it shuld be bt seniors are not accepting it without any documents

I need help,

NRI is going to invest the money to indian flim market, but the Company is a Indian Company only, that is newly creating , they going by law procedure to creating a New Trading Company. The main objective of the comapny is going to buy a flim from producer and sell to theaters (they act as like a distributor). So

What i want to do? how to proceed.

Please Help me.

Sir,
I have been told by my senior that tds shall be deducted on service tax......plz confirm the same supported by a circular or link where i can find it....plz resolve it on urgent basis.

Thank

Hi..

Is there any time limit to submit Form 112 for students who are pursuing an additional course other than CA..

we are private ltd co. haviang service tax registration
our liab. does not exceed rs. 50 lacs per year including current year
what is the perodicity for payment of service tax - quarterly or monthly

for example if i keep $100 thousand in fixed deposit for three year then for three year ROI is 9.25% subject to TDS and normal tax but after three year if i wish to repatriate the maturity proceeds along with interest back to foreign country - is that possible or not? are there any restriction on repatriation, are there any guidelines by RBI to control this repatriation?
pl give full details