18 June 2011
can nybody tell me the calculation of employee & employer contribution to provident fund & employee & employer contribution to Employee state Insurance. & also how we take it in the books of accounts of organization. plz explain
all the employer contibution will be debited to the P & L account.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
20 June 2011
and what abt the employee contribution. how we treat it in P&L. how we calculate this contribution mean 1.75% on salary or what. plz explain.