PF, ESI, PTAX
This query is : Open
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
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
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
