Rs 10000/-
gross salary=net salary+deduction
It is a Gross salary which have no any deduction such as EOBI,PF,and medical. when it deduction from gross salary is called net salry. Regards,umar shahzad Gujjar M.COM
The maximum tax deduction for donation given to a charitable organization is $25,000 but this number changes all the time.
i) If salary is less than 10,000 then no tax deduction and 4% of salary will be deducted as Well-fare fund every month.
The maximum deduction for a charitable bequest of the residuary estate is reduced by taxes and administrative expenses.
Starting Salary Maximum Salary. $ 2385-2753 / month $ 3361-5041 / month
No maximum :)
Debit salary expenseCredit cash (balance figure)Credit fine deduction
In many business situations, the amount of executive salary (or partnership salary) that is deductibel is restricted for tax purposes.
The maximum tax deduction for an auto donation to any charity is the full value of the vehicle donated. You can not write off more than the vehicle's full value.
ghol di ghaim
Salary a/c Dr.12,000 Salary Payable 9,600.00 PF Employee Contbn. 2,400.00 (being Salary Payable for the month of May 2012). Salary Payable A/c Dr. 9,600.00 to Bank 9,600.00 (being Salary Paid for the month of May 2012) PF Employee Cotbn. 2,400.00 PF Employer Contbn 2,600.00 To Bank 5,000.00 (Being the PF Amount Paid for the month of May 2012) Contact SGC Management Services - ESI PF Consultant For Best Consult