Production Incentive Scheme
This query is : Resolved
04 March 2009
Dear Sir,
Please advice me can a customised production incentive scheme be formed in a firm in which monthly incentives will be paid to workers if production exceeds the target production for that particular month. what is the maximum that a firm can provide incentive
Please advice me can a customised production incentive scheme be formed in a firm in which monthly incentives will be paid to workers if production exceeds the target production for that particular month. what is the maximum that a firm can provide incentive
04 March 2009
Yes, you can frame such type of schemes. There is no specified limit as such, but this should be justifiable as it will be the part of salary and be taxable in the hands of employee.
04 March 2009
For this, you have to apply a appropriate costing Procedure and after considering your min profit margin you can do so.
Their are lots of factor.
You requir a tema of expert for this, just for sake of your information My firm is providing this type of professional service in Rajasthan.
If you are interested you can contact me on 09887570010
Their are lots of factor.
You requir a tema of expert for this, just for sake of your information My firm is providing this type of professional service in Rajasthan.
If you are interested you can contact me on 09887570010
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
- Inventory of finished goods
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- GST Regis.
- Sale of property furniture sale
- Is correct way to find out capital of individual on 31st March
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
