No
Contract labours do not get PF deduction in most cases. In the rare cases they do, it is the same 12% like permanent staff
Pl. tell me minimum basic salary/wage for pf deduction
The maximum tax deduction for donation given to a charitable organization is $25,000 but this number changes all the time.
Rs 10000/-
Pf deduction from your direct wage direct wage-your basic salary (12 percent deduction from employee,13.61 from employer).
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 deduction for a charitable bequest of the residuary estate is reduced by taxes and administrative expenses.
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.
The current deduction (In 2013) is 20,000 rupees
You can still get a tax deduction for the donation of your old car. You will receive a deduction that equals the actual fair market value of the vehicle, and you cannot automatically receive the maximum allowance.
12% of your basic salary is deducted as PF every month and remitted with your EPF account. This amount will be given to you either when you retire or when you resign from your job. You can also withdraw it for certain occasions in between