Web©2024 Deloitte Touche Tohmatsu India LLP Provident Fund applicability on allowances 7 • The PF authorities issued a circular in November 2012, which inter alia indicated that the term “ any other allowance of a similar nature” which is to be excluded for PF computation refers only to an allowance akin to a commission. Web26 jul. 2024 · Nearly 300 firms may not be paying interest on PF 1 min read. Updated: 26 Jul 2024, 11:19 PM IST Prashant K. Nanda Premium EPFO has ordered departmental enquiry against nearly 300 companies for ...
Employees’ Provident Fund Organisation issues directions to its ...
WebAbout Tata Trusts. In a country that is home to the world’s second-largest population, when one of its largest organisations providentially happens to be a philanthropic organisation, it raises hopes for a promising and sustainable future. For people across the country, the Tata Trusts symbolise humanitarianism and personify the prodigious ... Web10 nov. 2024 · General Audit Checklist. Check the object clause of the trust deed or byelaws of the society to understand the Constitution and working of the Trust. Check the previous year’s financial statements, audit observations and related files of the trust. Check that cash/cheque donations are received by authorised persons only and examine the ... csm chapter 90
Provident Funds - Types & Income Tax Implications
WebEmployees’ provident fund is classified into 4 categories: Statutory Provident Fund, Recognized Provident Fund, Unrecognized Provident Fund and Public Provident Fund. Let us have a brief look on the types of funds and tax imposed on … WebPublic trusts set up in India are categorised into charitable and religious trusts and are governed by the Charitable and Religious Trusts Act 1920, the Religious Endow- ments … WebIn other words, an exemption from paying income tax on the surplus income of non- profit trusts. This benefit is not applicable to any private, or family trusts. Provident Fund Forms for the Employee EPF Form 2. The employees need to file a nomination form through the EPF Form 2. It is filled for declaration and nomination for the EPF and EPS ... eagle security new orleans