Based on theProfessional Tax basiscalculated for the employee, the system identifies the salary ranges for professional tax and the professional tax amount. You can view and maintain the same in the IMG underPayroll India: Professional TaxAssign amounts for Professional Tax Deduction. The system...
In the month of March 2013 the PTax will calculated as 200.In the Form16 Summary of the Payslip the aggregate amount of Professional Tax for the entire year will be reflected back as as 2500 instead which is correct.. Related Notes: The related SAP Notes for Maharashtra PTax 1727550 HINC...
Personally, I am at my happiest and feel successful when I take calculated risks in life and come out on the other end still standing – sometimes failing, but always growing. I need to feel that the work I’m doing is making a positive impact in some way. I am blessed to work in ...
Businesses can use this platform to see what customers are looking for and how to target maximum-revenue-generating customers. The platform sends you leads for free. However, you have to pay to contact suitable customers. The price is calculated based on location, the type of service, and the...
Having to reissue invoices because of errors causes project delays that have a big impact on cash flow. A way of measuring this is reissue rate, which is calculated by dividing how many invoices you’ve reissued by the total number you’ve sent. ...
rules that teams must pay a tax.c. keeps players' salaries at a certainlevel.2. Basketball Related Income(BRI) isa. money from NBA ticket sales.b. revenue from NBA television broad-casts.c. the total income for all the NBAteams.3. The salary cap is calculated by multiplyingeach team's...
She calculated that a small amount could be saved on producing each unit of production if the fuel tank was placed behind the rear axle rather that on top of the axle as was the normal practice. Along with other cost saving measures, this was incorporated into the finished prototype. In ...
ALL Group health plans subject to ERISA are required to provide participants with a summary plan description (SPD). An SPD must be written in a manner calculated to be understood by the average plan participant and must be sufficiently comprehensive to inform the participant of his or her ri...
Membership in the State Retirement Plan is mandatory for nearly all state employees who are regularly employed at least 50% of full-time hours.The amount of an employee’s pre-tax contribution is a percentage of regular salary based on entry date into the state retirement system.Entry Date...
Where it is determined that the IR35 rules apply, the client is then required to calculate and pay the income tax and NIC on the deemed direct payment (DDP). The DDP is calculated as follows: £ Payment in respect of services provided (net of VAT) X Less: direct cost of materials...