PF, ESI, PTAX
This query is : Open
sandeep gupta
(Querist)
06 January 2011
IF WE ARE PAYING SALARY Rs 9000/- TO EMPLOYEE. WHETHER I HAVE TO DEDUCT PF, ESI,PTAX.PLEASE SAY THE RATE. AND SUPPOSE WE SHOW THE EMPLOYEE UNDER CONTRACTOR HEAD, IN THAT CASE WHETHER I WILL DEDUCT THE ABOVE TAX OR CONTRACTOR WILL DEDUCT. PLZ REPLY
11 January 2011
if you shown as your employee & if you are paying than, :
Your must have to deduct all the above mentioned taxes if you registered under PF, ESI PTAX ETC..
as u said RS.9000/- Professional tax will be RS. 175/- Slab
Providend fund will be deducted @ 12.5% on basic salary say... if RS.3500/- is basic salary from RS.9000/- than 12.5% ON 3500
IF YOU ARE SHOWING THE EMPLOYEE OF CONTRACTOR i.e. UNDER contractor head than,:
You no need to deduct the Professional tax, but PF you must have to pay, as you are a principal contractor & if your contractor is not get registered himself under PF ACT
If any query revert back......... i hope you clear now..!!!
still other experts ans solicited
Your must have to deduct all the above mentioned taxes if you registered under PF, ESI PTAX ETC..
as u said RS.9000/- Professional tax will be RS. 175/- Slab
Providend fund will be deducted @ 12.5% on basic salary say... if RS.3500/- is basic salary from RS.9000/- than 12.5% ON 3500
IF YOU ARE SHOWING THE EMPLOYEE OF CONTRACTOR i.e. UNDER contractor head than,:
You no need to deduct the Professional tax, but PF you must have to pay, as you are a principal contractor & if your contractor is not get registered himself under PF ACT
If any query revert back......... i hope you clear now..!!!
still other experts ans solicited
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