PF on Directors Remuneration
This query is : Resolved
08 May 2010
Dear all,
I need some clarification in PF.
PF is applicable to our company.
From this Year 10-11 we will be paying directors remuneration to 2 additional directors Rs.30,000/- & Rs.25,000/-.
Wheter we need to deduct pf from this payments?
Thanks in advance.
Sushil.
I need some clarification in PF.
PF is applicable to our company.
From this Year 10-11 we will be paying directors remuneration to 2 additional directors Rs.30,000/- & Rs.25,000/-.
Wheter we need to deduct pf from this payments?
Thanks in advance.
Sushil.
08 May 2010
not compulsory as their salary is greater than Rs 6500/- p.m.
09 May 2010
Employees drawing the pay upto Rs 6500/-P.m(Pay Includes basic wages including dearness allowances if any & Cash value of food concession Admissible thereon) only are eligible for participation of fund.
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
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Form 26QB for TDS on property
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- Payable outstanding for years disallowance
- Whether still royalty
- Withholding tax applicabikity for foreign paymenttowqards physio therapy treatment
- Input credit reversal for the FY2023-24
- Regarding Form 15CA & CB
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
