The employees provident funds and miscellaneous provisions actLayatmikaSahoo1
The document summarizes the Employees Provident Funds and Miscellaneous Provisions Act of 1952 in India. The key points are:
1) The Act seeks to provide retirement benefits like provident funds, pension funds and insurance to employees in registered establishments.
2) It is administered by the Employees' Provident Fund Organization and applies to establishments with 20 or more employees.
3) The Act establishes schemes for provident funds, pension funds and insurance that employees and employers must contribute to monthly. Benefits include tax-free savings and payments on retirement, death or disability.
4) The Employees Provident Fund Scheme specifies contribution rates and eligibility. The Pension Scheme provides lifetime pensions based on salary and
The document summarizes key aspects of initiating a corporate insolvency resolution process (CIRP) by a financial creditor under the Insolvency and Bankruptcy Code, 2016 (IBC). It discusses how a financial creditor can file an application for CIRP with the Adjudicating Authority when a default occurs. It outlines the information and documents that must be provided along with the application. It also describes how the Authority will ascertain if a default has occurred and either admit or reject the application within 14 days, and the implications of each decision. Finally, it briefly mentions Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 regarding the required form and accompanying
This document is a contract of employment between Best Chemical Engineering firm Philippines (the Employer) and Sakura Tsukki (the Employee). It outlines the terms of employment including job title (Chemical Engineer I), compensation (PHP 99,700 monthly salary), benefits (vacation leave, health insurance), work hours (8 hours per day, Monday to Friday), performance reviews, company rules and regulations, grounds for termination, confidentiality agreement, and other standard terms.
CONTRACTOR AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
The document provides details about the Goods and Services Tax Network (GSTN) in India. It discusses that GSTN is a non-profit organization that manages the IT system and portal for GST. Private players own 51% of GSTN shares while the rest are owned by the central and state governments. The GSTN contract was awarded to Infosys to develop the system. Several issues have been faced with the GSTN portal including crashes, erroneous penalties, and lack of an offline filing tool. Infosys has received criticism for the technical glitches but has responded that the large scale of the project and rapid policy changes have contributed to problems. Deadlines for filing July and August GST returns were
The document discusses the taxation of salaries under the Indian Income Tax Act of 1961. It defines what constitutes a salary and examines the relationship between employers and employees. It also outlines what qualifies as taxable salary components according to the Act, including basic salary, allowances, bonuses, retirement benefits, and perquisites.
The Payment of Gratuity Act of 1972 requires that employers pay gratuity to employees who have worked continuously for at least 5 years upon termination of employment. Gratuity is calculated as 15 days wages for each completed year of service, up to a maximum of 3.5 lakhs rupees. Employers must determine gratuity payable and notify employees and controlling authorities within 30 days. The act applies to shops, establishments, factories and other organizations employing 10 or more people. It specifies penalties for non-payment of gratuity or knowingly providing false information to avoid payment.
1. The document is an employment agreement between Vijay Laxmi Textile Ltd. and Mr. Ankur Agrawal, wherein Mr. Agrawal agrees to work as a Software Engineer for Vijay Laxmi for 3 years from January 2011 to December 2013.
2. The agreement outlines the terms of employment such as Mr. Agrawal's salary of Rs. 50,000 per month, his obligations to devote full time and efforts to the employer, confidentiality clauses, non-compete clauses, and liquidated damages if employment is terminated early by either party.
3. The agreement also allows the employer to transfer Mr. Agrawal's employment to associate companies, and
The employees provident funds and miscellaneous provisions actLayatmikaSahoo1
The document summarizes the Employees Provident Funds and Miscellaneous Provisions Act of 1952 in India. The key points are:
1) The Act seeks to provide retirement benefits like provident funds, pension funds and insurance to employees in registered establishments.
2) It is administered by the Employees' Provident Fund Organization and applies to establishments with 20 or more employees.
3) The Act establishes schemes for provident funds, pension funds and insurance that employees and employers must contribute to monthly. Benefits include tax-free savings and payments on retirement, death or disability.
4) The Employees Provident Fund Scheme specifies contribution rates and eligibility. The Pension Scheme provides lifetime pensions based on salary and
The document summarizes key aspects of initiating a corporate insolvency resolution process (CIRP) by a financial creditor under the Insolvency and Bankruptcy Code, 2016 (IBC). It discusses how a financial creditor can file an application for CIRP with the Adjudicating Authority when a default occurs. It outlines the information and documents that must be provided along with the application. It also describes how the Authority will ascertain if a default has occurred and either admit or reject the application within 14 days, and the implications of each decision. Finally, it briefly mentions Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 regarding the required form and accompanying
This document is a contract of employment between Best Chemical Engineering firm Philippines (the Employer) and Sakura Tsukki (the Employee). It outlines the terms of employment including job title (Chemical Engineer I), compensation (PHP 99,700 monthly salary), benefits (vacation leave, health insurance), work hours (8 hours per day, Monday to Friday), performance reviews, company rules and regulations, grounds for termination, confidentiality agreement, and other standard terms.
CONTRACTOR AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
The document provides details about the Goods and Services Tax Network (GSTN) in India. It discusses that GSTN is a non-profit organization that manages the IT system and portal for GST. Private players own 51% of GSTN shares while the rest are owned by the central and state governments. The GSTN contract was awarded to Infosys to develop the system. Several issues have been faced with the GSTN portal including crashes, erroneous penalties, and lack of an offline filing tool. Infosys has received criticism for the technical glitches but has responded that the large scale of the project and rapid policy changes have contributed to problems. Deadlines for filing July and August GST returns were
The document discusses the taxation of salaries under the Indian Income Tax Act of 1961. It defines what constitutes a salary and examines the relationship between employers and employees. It also outlines what qualifies as taxable salary components according to the Act, including basic salary, allowances, bonuses, retirement benefits, and perquisites.
The Payment of Gratuity Act of 1972 requires that employers pay gratuity to employees who have worked continuously for at least 5 years upon termination of employment. Gratuity is calculated as 15 days wages for each completed year of service, up to a maximum of 3.5 lakhs rupees. Employers must determine gratuity payable and notify employees and controlling authorities within 30 days. The act applies to shops, establishments, factories and other organizations employing 10 or more people. It specifies penalties for non-payment of gratuity or knowingly providing false information to avoid payment.
1. The document is an employment agreement between Vijay Laxmi Textile Ltd. and Mr. Ankur Agrawal, wherein Mr. Agrawal agrees to work as a Software Engineer for Vijay Laxmi for 3 years from January 2011 to December 2013.
2. The agreement outlines the terms of employment such as Mr. Agrawal's salary of Rs. 50,000 per month, his obligations to devote full time and efforts to the employer, confidentiality clauses, non-compete clauses, and liquidated damages if employment is terminated early by either party.
3. The agreement also allows the employer to transfer Mr. Agrawal's employment to associate companies, and
The Payment of Wages Act regulates the payment of wages to certain classes of employees in industries. It aims to ensure regular and timely payment of wages in a particular form without any unauthorized deductions. The Act applies to employees earning less than Rs. 6,500 per month in factories, railways and other establishments notified by the State Government. It mandates that wages be paid within a certain time period and specifies the limited deductions that can be made from wages. Non-compliance can result in penalties and employees can raise claims regarding unauthorized deductions or delayed wages to the appointed authority.
Useful for Law students, MBA- HR students, CS Students, Employees , Employer.
I have also mentioned a list of forms generally used during gratuity.
Every body should be aware of do's and don't. Knowledge of your rights makes you powerful.
Application of the Act
When gratuity is payable
Amount of gratuity payable
Forfeiture of gratuity
Obligations and rights of the employer
Compliance under the Act
reference: http://blog.simplycareer.net/2013/06/gratuityact.html
I have also refereed other sites and text books.
Mr. Monju, a worker at Surma manufacturing company, was severely injured in an explosion at the boiler in the factory. He lost one hand and one foot due to the accident. To determine compensation for Mr. Monju, the following would be considered:
1) According to Bangladesh Labor Law, if a worker is injured on the job, the employer is liable to pay compensation.
2) The injuries of losing one hand and one foot would qualify as permanent total disablement.
3) The compensation amount for permanent total disablement listed in the Labor Law is Tk. 1,25,000.
4) Therefore, Mr. Monju would receive compensation of Tk. 1,25
The document discusses various aspects of bouncing of cheques such as grounds for dishonour, requirements for filing a case under Section 138 of the Negotiable Instruments Act, penalties, jurisdiction of courts, process of filing a case, stages of trial and appeal process. It provides details on who can be prosecuted for cheque bouncing, defenses available, changes made by amendments and steps involved in legal recourse for cheque dishonour.
This document provides an overview of the key sections related to computing income from house property under the Indian Income Tax Act. It discusses sections 22-27 which relate to the chargeability and basis of taxing income from house property. It describes how to calculate the annual value of a property whether it is let out for the full year, partially let out and vacant, or self-occupied. It also covers deductions allowed for interest paid on loans for house property and treatment of unrealized rent. The document summarizes rules for co-owned properties and deemed ownership under section 27.
If you are looking for taxi cab from delhi airport to agra and Airport Taxi Service, look no further, we are the best car rental service provider in Delhi. visit : www.rstravelindia.com
Welcome to the European Sales & Marketing Conference in Willingen. The agenda and participant list are attached. Business casual clothing is required. Check out time is 11am, with hotel rooms paid by TEE and extras to be paid individually. Luggage storage and departure transfers are provided; find departure details at the reception desk. Return name badges after the conference to Petra Blaim or Ina Zimmer.
Computation of total income & tax liability individual, Partnership Firm,...CA Abhishek Bansal
Computation of total income & tax liability individual. Rebate U/s 87A, Surcharge, Tax On Partnership Firm, Individual, Companies, Society & Trust, Health & Education Cess, Foreign Company
The negotiable-instruments-act-1881 - copyjainamit342
The document discusses negotiable instruments under Indian law. It defines negotiable instruments as written documents that create monetary rights that can be freely transferred. The key types of negotiable instruments recognized in India are bills of exchange, promissory notes, and cheques. The document outlines the essential characteristics and legal definitions of these instruments. It also discusses topics like negotiation, endorsement, presumptions under law, and dishonor of negotiable instruments.
This document summarizes an actors contract for a low budget film production. It outlines agreements made between the actor and production company, including:
1) The actor will be available for filming from specific dates.
2) Filming will take place in designated locations.
3) The actor will transfer rights to the finished film to the production company.
4) The actor will be paid a fee of a certain amount within 28 days of performing.
Nepal contribution based social security fund pptAjaya Budhathoki
This document discusses Nepal's Contribution Based Social Security Fund (CBSSF). It provides details on:
1) The laws and regulations governing CBSSF. Formal sector employees, informal sector workers, and self-employed individuals can register voluntarily or mandatorily.
2) The schemes covered by CBSSF including medical treatment, accident and disability protection, dependent family protection, and old age protection. Contributions are allocated to each scheme.
3) Benefits provided under each scheme such as medical cost coverage, accident compensation, pensions for dependents and retirees. The document outlines contribution rates, eligibility periods and excluded treatments.
Sales Tax Rules in Pakistan and Types of RefundsAhmadAli644
This document discusses sales tax in Pakistan. It defines sales tax and who is required to register and pay it. Persons who must register include manufacturers, retailers, importers, wholesalers and distributors. It also discusses taxable supplies, input tax and output tax. Registered persons must issue sales tax invoices, file regular returns by the 15th of each month, and maintain records for 5 years. The sales tax rate is currently 17% with exemptions for some goods and refunds provided if input tax exceeds output tax.
This document discusses key concepts relating to the law of sale of goods in Nepal and India. It defines a sale of goods contract and outlines its essential elements such as two parties, movable goods, a price, and transfer of ownership. The document also covers important terms and conditions in a sale like conditions, warranties, implied conditions, transfer of title, unpaid sellers' rights, and performance through delivery and payment. Overall, the document provides a comprehensive overview of the legal framework and principles governing contracts for the sale of goods.
Hire purchase is a method of buying expensive goods through installment payments over time rather than paying the full amount up front. Under a hire purchase agreement, possession of the goods is transferred immediately but ownership remains with the owner, usually a finance company, until the final installment is paid. Key characteristics include possession of goods, ownership transferring upon full payment, installment buying, and expanding the economy by providing financing options. The hire purchase process involves the dealer arranging financing through a finance company, with the customer making a down payment and paying the balance in monthly installments over several years, at which point ownership transfers to the buyer.
- The document provides instructions for a professional exam on financial accounting and reporting according to IFRS. It outlines the structure of the exam, including four questions worth a total of 100 marks.
- The first question provides draft financial statements for Guava Ltd and accompanying notes for the year ended 30 June 2017. It requires preparing revised statements in a publishable form and answering questions about intangible assets and assets held for sale under IFRS vs. UK GAAP.
- The second question involves issues at Kumquat Ltd around foreign exchange, asset retirement obligations, and classification of a bond. Journal entries are required to address the issues according to IFRS.
- The third question provides consolidated financial statements for
The document is the Payment of Gratuity Act of 1972. It provides a scheme for payment of gratuity to employees in factories, mines, ports and other establishments with 10 or more employees. Some key points:
- Gratuity is payable to employees with 5+ years of continuous service on superannuation, retirement, resignation, death or disablement.
- The maximum gratuity payable is Rs. 10 lakhs as per the latest amendment.
- Employers must obtain insurance from LIC or other insurers to cover their gratuity liability.
- Controlling authorities are appointed to administer the Act.
The Payment of Wages Act regulates the payment of wages to certain classes of employees in industries. It aims to ensure regular and timely payment of wages in a particular form without any unauthorized deductions. The Act applies to employees earning less than Rs. 6,500 per month in factories, railways and other establishments notified by the State Government. It mandates that wages be paid within a certain time period and specifies the limited deductions that can be made from wages. Non-compliance can result in penalties and employees can raise claims regarding unauthorized deductions or delayed wages to the appointed authority.
Useful for Law students, MBA- HR students, CS Students, Employees , Employer.
I have also mentioned a list of forms generally used during gratuity.
Every body should be aware of do's and don't. Knowledge of your rights makes you powerful.
Application of the Act
When gratuity is payable
Amount of gratuity payable
Forfeiture of gratuity
Obligations and rights of the employer
Compliance under the Act
reference: http://blog.simplycareer.net/2013/06/gratuityact.html
I have also refereed other sites and text books.
Mr. Monju, a worker at Surma manufacturing company, was severely injured in an explosion at the boiler in the factory. He lost one hand and one foot due to the accident. To determine compensation for Mr. Monju, the following would be considered:
1) According to Bangladesh Labor Law, if a worker is injured on the job, the employer is liable to pay compensation.
2) The injuries of losing one hand and one foot would qualify as permanent total disablement.
3) The compensation amount for permanent total disablement listed in the Labor Law is Tk. 1,25,000.
4) Therefore, Mr. Monju would receive compensation of Tk. 1,25
The document discusses various aspects of bouncing of cheques such as grounds for dishonour, requirements for filing a case under Section 138 of the Negotiable Instruments Act, penalties, jurisdiction of courts, process of filing a case, stages of trial and appeal process. It provides details on who can be prosecuted for cheque bouncing, defenses available, changes made by amendments and steps involved in legal recourse for cheque dishonour.
This document provides an overview of the key sections related to computing income from house property under the Indian Income Tax Act. It discusses sections 22-27 which relate to the chargeability and basis of taxing income from house property. It describes how to calculate the annual value of a property whether it is let out for the full year, partially let out and vacant, or self-occupied. It also covers deductions allowed for interest paid on loans for house property and treatment of unrealized rent. The document summarizes rules for co-owned properties and deemed ownership under section 27.
If you are looking for taxi cab from delhi airport to agra and Airport Taxi Service, look no further, we are the best car rental service provider in Delhi. visit : www.rstravelindia.com
Welcome to the European Sales & Marketing Conference in Willingen. The agenda and participant list are attached. Business casual clothing is required. Check out time is 11am, with hotel rooms paid by TEE and extras to be paid individually. Luggage storage and departure transfers are provided; find departure details at the reception desk. Return name badges after the conference to Petra Blaim or Ina Zimmer.
Computation of total income & tax liability individual, Partnership Firm,...CA Abhishek Bansal
Computation of total income & tax liability individual. Rebate U/s 87A, Surcharge, Tax On Partnership Firm, Individual, Companies, Society & Trust, Health & Education Cess, Foreign Company
The negotiable-instruments-act-1881 - copyjainamit342
The document discusses negotiable instruments under Indian law. It defines negotiable instruments as written documents that create monetary rights that can be freely transferred. The key types of negotiable instruments recognized in India are bills of exchange, promissory notes, and cheques. The document outlines the essential characteristics and legal definitions of these instruments. It also discusses topics like negotiation, endorsement, presumptions under law, and dishonor of negotiable instruments.
This document summarizes an actors contract for a low budget film production. It outlines agreements made between the actor and production company, including:
1) The actor will be available for filming from specific dates.
2) Filming will take place in designated locations.
3) The actor will transfer rights to the finished film to the production company.
4) The actor will be paid a fee of a certain amount within 28 days of performing.
Nepal contribution based social security fund pptAjaya Budhathoki
This document discusses Nepal's Contribution Based Social Security Fund (CBSSF). It provides details on:
1) The laws and regulations governing CBSSF. Formal sector employees, informal sector workers, and self-employed individuals can register voluntarily or mandatorily.
2) The schemes covered by CBSSF including medical treatment, accident and disability protection, dependent family protection, and old age protection. Contributions are allocated to each scheme.
3) Benefits provided under each scheme such as medical cost coverage, accident compensation, pensions for dependents and retirees. The document outlines contribution rates, eligibility periods and excluded treatments.
Sales Tax Rules in Pakistan and Types of RefundsAhmadAli644
This document discusses sales tax in Pakistan. It defines sales tax and who is required to register and pay it. Persons who must register include manufacturers, retailers, importers, wholesalers and distributors. It also discusses taxable supplies, input tax and output tax. Registered persons must issue sales tax invoices, file regular returns by the 15th of each month, and maintain records for 5 years. The sales tax rate is currently 17% with exemptions for some goods and refunds provided if input tax exceeds output tax.
This document discusses key concepts relating to the law of sale of goods in Nepal and India. It defines a sale of goods contract and outlines its essential elements such as two parties, movable goods, a price, and transfer of ownership. The document also covers important terms and conditions in a sale like conditions, warranties, implied conditions, transfer of title, unpaid sellers' rights, and performance through delivery and payment. Overall, the document provides a comprehensive overview of the legal framework and principles governing contracts for the sale of goods.
Hire purchase is a method of buying expensive goods through installment payments over time rather than paying the full amount up front. Under a hire purchase agreement, possession of the goods is transferred immediately but ownership remains with the owner, usually a finance company, until the final installment is paid. Key characteristics include possession of goods, ownership transferring upon full payment, installment buying, and expanding the economy by providing financing options. The hire purchase process involves the dealer arranging financing through a finance company, with the customer making a down payment and paying the balance in monthly installments over several years, at which point ownership transfers to the buyer.
- The document provides instructions for a professional exam on financial accounting and reporting according to IFRS. It outlines the structure of the exam, including four questions worth a total of 100 marks.
- The first question provides draft financial statements for Guava Ltd and accompanying notes for the year ended 30 June 2017. It requires preparing revised statements in a publishable form and answering questions about intangible assets and assets held for sale under IFRS vs. UK GAAP.
- The second question involves issues at Kumquat Ltd around foreign exchange, asset retirement obligations, and classification of a bond. Journal entries are required to address the issues according to IFRS.
- The third question provides consolidated financial statements for
The document is the Payment of Gratuity Act of 1972. It provides a scheme for payment of gratuity to employees in factories, mines, ports and other establishments with 10 or more employees. Some key points:
- Gratuity is payable to employees with 5+ years of continuous service on superannuation, retirement, resignation, death or disablement.
- The maximum gratuity payable is Rs. 10 lakhs as per the latest amendment.
- Employers must obtain insurance from LIC or other insurers to cover their gratuity liability.
- Controlling authorities are appointed to administer the Act.
Kudos, the creators of luxury bathroom appliances, has announced a recent partnership with Marmorin to launch a new "Kudos Creation Series by Marmorin" range of high quality bathtubs and wash basins. This partnership will help strengthen existing distribution network and promote innovation. This announcement follows Kudos brand’s continued growth and expansion across Thailand, with over 200 of home improvement centers that provide an opportunity to experience up close their esteemed high-specification products. The new state of the art inventions will be available at Boonthavorn stores throughout the country in June afterward. Paiboon Lertwongkornkit, Senior Vice President of CIT said, “This stunning series range of bathtubs and wash basins are forged from natural materials. They are ultra-hygienic, scratch resistant and beautiful to the eye, making a positive contribution to any design.” Kudos Creation Series by Marmorin are widely appreciated across Europe and the US due to its unique features: freedom and precision of form, colors and luxurious look. Those creations are made of solid surface and special composite gelcoat® material, characterizing for the finish in very soft touch. Sophisticated design, innovation and craftsmanship are hallmarks and all the qualities are guaranteed by ISO9001, ISO14001 and TUV certificates. Highlights include the Jena, a Red Dot bath. The avant-garde structure of the free-standing bathtub with shower tray is a strong proposal of Kudos Creation Series by Marmorin honored with the red dot design award, the world's most competitive design contest. The smooth form and elegant line are incorporated into modern and spacious interiors.
Explore Your Imagination
At KUDOS, bathroom is not just a room for personal hygiene but rather a private space to inspire the dream. As we explore around the world, we uncover and absorb beauty and innovation. All KUDOS products are crafted to a set of standards that ensure highest quality, reliability and beautiful designs.
Visit www.kudos.co.th or follow us on www.facebook.com/kudosthailand for more information
The first touch of KUDOS will reveal a perfect harmony between form, function and value. KUDOS' products are crafted to reflect your unique water lifestyle and individual style statement.
All KUDOS products are manufactured to meet the highest international specifications and standards that include anti-aging design, lifetime durability and hygiene factor.
KUDOS will enhance your water flow with contemporary designs that never age. It's Designed for Life.
See www.kudos.co.th or follow us on www.facebook.com/kudosthailand
KUDOS as a Brand
KUDOS was launched in Bangkok in 2011 as an alternative bathroom brand from Thailand. At KUDOS, we believe that bathroom is not just a room for personal hygiene but rather a private space to inspire the dream. As we explore around the world, KUDOS uncovers and absorbs beauty and innovation that would make your bathroom capable of inspiring and awakening your senses.
KUDOS has been pursuing different values from those of conventional luxury bathroom products. We have been striving not only to create a more luxurious experience, but also to help in solving many issues that have come along the way. We think that "DESIGN THINKING" is a process in problem solving and a solution to shape a better society and future.
At KUDOS, we strive to develop products and services by anticipating the needs of people and society.
For more information, please visit www.kudos.co.th or www.kudospurebliss.com
About C.I.T. CORPORATION LIMITED
CIT is a leading $20 million building supplier in Thailand. With over 1,000 of sales points spanning across the country, the company engages in the distribution and manufacturing of sanitary wares, door locks, garden tools, and construction hard wares. Its flagship brands include KUDOS, Alpha Lock and Saboten. Together with fastest growing channels like Home Pro (SET:HMPRO), Global House (SET:GLOBAL) and Boonthavorn, CIT brings commitment to create a better value to customers in Thailand, with regional expansion into Southeast Asia.
Headquarter
1/5-6 Thanon Nakkharat
Bamrung Muang Road
Pom Prap, Bangkok 10100
Thailand
Factory & Warehouse
141/3 Moo 1, Phahonyothin Road Km. 55
T-PARK Wangnoi W5/4, Tambon Payom
Wangnoi, Ayutthaya 13170
Thailand