How should calculate pf,esi,pt,st,it,pt
This query is : Resolved
28 June 2013
Dear Sir
i am working as a accountant in Govt Office we offered one NGO to Serve a 10 employe as a contract basis we give 11OOO per person as a salary to NGO i.e 10*11000.. but our head office issused circular that have to deduct PF,ESI,PT,ST,IT so plese help acctually who have to deduct taxes & How plese give with example
i am working as a accountant in Govt Office we offered one NGO to Serve a 10 employe as a contract basis we give 11OOO per person as a salary to NGO i.e 10*11000.. but our head office issused circular that have to deduct PF,ESI,PT,ST,IT so plese help acctually who have to deduct taxes & How plese give with example
28 June 2013
The employer has to deduct and pay the taxes . For all these, you have to depute one consultant in your City.
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28 June 2013
but can u show with example how calculation will be please sir
28 June 2013
I can explain you about how contractors TDS is deducted. Monthly payment to the Contractor is 110000/- so you have to deduct tax @ 2% of the Contractor which is Rs.2200/-. Your organisation will issue a cheque of Rs 107800/- and Rs. 2200/- will be transferred to Govt A/c.
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28 June 2013
sir if you dont think wrong can u give your mobile number i have i dont distrub u daily it will be very usefull to me
29 June 2013
Amaresh,
what you are asking is li'l difficult to explain over the website. Best way is to see the actual workings during an audit.
Try reading the PF & other relevant acts as they are the base for working out the taxes.
what you are asking is li'l difficult to explain over the website. Best way is to see the actual workings during an audit.
Try reading the PF & other relevant acts as they are the base for working out the taxes.
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