Blog

2013

Q 1. What is the Contribution for Provident Fund both by the Employer & Employee?

The Employee contributes 12% of his /her Basic Salary & the same amount is contributed by the Employer.

 

Q 2. Is it Compulsory for the all the employees to contribute to the Provident Fund?

Employees drawing basic salary upto Rs 6500/- have to compulsory contribute to the Provident fund and employees drawing above Rs 6501/- have an option to become member of the Provident Fund.

Archive


2013
I asked my new girlfriend what sort of books she’s interested in,
she said: Cheque books.

The easiest way to make your old car run better… is to check the prices of new car.

What is the difference between men and pigs?
Pigs don’t turn into men when they drink.

2013
 

35 Excel Tips that could save you from working all night

Please find the Powerpoint Presentation in the attachment for Excel Tips.


attachmentExcel Tips

2013
2013

We all have heard about Goods & Services Tax. It is one of the many legislations that are pending in the list of changes that we might expect in times to come. But GST is something totally different from all these. This tax is a consolidation of many indirect taxes already levied in India, thereby drastically overhauling the system of indirect taxes in India.

The need for GST

2013

Why Tax Departments depend on XML language to upload returns

We know the importance of “.XML” language to file income Tax / Service Tax return and therefore we must know some basic answers of certain questions related to “.XML” viz.

What is XML? How it works within the income and service Tax return? And Why did Government choose only .xml format for the automation process?

XML provides many benefits to Tax departments. The XML data can be stored, protected, queried, and analyzed within a database that is optimized for XML.

Financial Management