salary

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17 Points Joined December 2018
HOW to calculate salary in case of providend fund
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On 15 December 2018 at 16:38 Report
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17 Points Joined November 2015

12% pf the employer's provident fund exempted and employee' provident fund get deduction in section 80C of the income tax act.

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On 15 December 2018 at 17:28
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17 Points Joined December 2018
salary include ?????????
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On 15 December 2018 at 18:13
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17 Points Joined November 2015
Basic pay + allowance + perquisites.
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On 15 December 2018 at 18:42
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Student CA Final
12692 Points Joined October 2012
Salary for the purpose of PF includes BASIC PAY+DA .

Perquisites are not taken.
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On 15 December 2018 at 20:09
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17 Points Joined December 2018
yes but in income tax book (B.COM) there are 3 cases for computation is salary
1= BASIC PAY
2=Basic pay + DA if enter
3= basic pay+ DA if enter+Commission
which is right among the following above
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On 15 December 2018 at 20:13
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Student CA Final
12692 Points Joined October 2012
Commission which is part of Term of Joining is also considered as basic pay.

But that can't be called as Perquisites.
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On 15 December 2018 at 21:26
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1020 Points Joined December 2017
salary for the purpose of providend fund
basic + DA/DP if forming part salary for all retirement benefits + commission on turnover
employers contribution to
statutory PF -fully exempted
RPF-in excess of 12% is taxable
URPF- not taxable yearly (at the time of retirement it is taxable as salary)
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On 15 December 2018 at 22:20
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17 Points Joined December 2018
Mohammed imran sir thank for completely soluation
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On 15 December 2018 at 22:25


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