Epf calucation
This query is : Resolved
ammaji rajulapati
(Querist)
11 January 2014
Friends,
In calucation of EPF Basic + Da =Basic salary is not exceed minim wage that type of transaction we have to consider the gross wage.please clarify it.
In calucation of EPF Basic + Da =Basic salary is not exceed minim wage that type of transaction we have to consider the gross wage.please clarify it.
ammaji rajulapati
(Querist)
15 January 2014
sir,
which person not crossed the minim wage limit that person EPF calculation we have to consider the minim wage
Ex : mr X Basic + DA =3950 , in the month of June"13 he is the semi skilled , minim wage is 4289.75 (Basic wage 2404 + DA 1885.75). EPF calculation 4289.75*12% or 3950*12% which calculation we have to taken .
please clarify me.
which person not crossed the minim wage limit that person EPF calculation we have to consider the minim wage
Ex : mr X Basic + DA =3950 , in the month of June"13 he is the semi skilled , minim wage is 4289.75 (Basic wage 2404 + DA 1885.75). EPF calculation 4289.75*12% or 3950*12% which calculation we have to taken .
please clarify me.
15 January 2014
Hi,
It is to be calculated @ 12% on amount paid to an employee.
Thanks
It is to be calculated @ 12% on amount paid to an employee.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
