employees- Mohan‚ Sohan‚ Raksha‚ Suraksha and Gautam with Basic Pay of Rs.12000‚ Rs.28000‚ Rs.18000‚ Rs.24000 and Rs.15000 respectively. ii) An employee is entitled to Basic Pay‚ D.A.‚ and HRA . Gross salary is the total of these items. iii) The employee contributes 10% of Basic Salary plus D.A. towards PF and I.Tax is deducted @ 20% of Gross Salary if it is up to Rs.30000‚ @25% if Salary exceeds 30000 but is less than or equal to Rs 50000 and @ 30% if it exceeds 50000. iv) Net Salary is the carry
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“Pricing Techniques” Studied in- Mobile Industry Company- Nokia Background of the study: Pricing Techniques: are the methods adopted by a firm to set its selling price. It usually depends on the firm’s average costs‚ and on the customer’s perceived value of the product in comparison to his or her perceived value of the competing products. Different pricing methods place varying degree of emphasis on selection‚ estimation‚ and evaluation of costs‚ comparative analysis‚ and market
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the details pertaining to which are as under : Particulars P1 P2 P3 S1 S2 Direct wages (Rs.) 3‚000 2‚000 3‚000 1‚500 195 Working hours 3‚070 4‚475 2‚419 — — Value of machines (Rs.) 60‚000 80‚000 1‚00‚000 5‚000 5‚000 Horse-power of machines 60 30 50 10 — Light points 10 15 20 10 5 Floor space (sq. feet) 2‚000 2‚500 3‚000 2‚000 500 The following figures are extracted from the accounting records : Rs. Rent and Rates ......................... 5‚000 General lighting .....................
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SHRI MAHILA SEWA SAHAKARI BANK LTD FINANCIAL LITERACY PROGRAMME TAXATION MODULE CA Sonalee Shah 2012‐13 Shri Mahila Sewa Sahakari Bank Ltd. Page 1 TAXATION MODULE What is tax? Why tax is levied? In Indian economy‚ the Government plays crucial role by making heavy investments/expenditure on core areas like heavy industries‚ infrastructure‚ defence‚ internal security‚ education‚ poverty alleviation‚ employment generation‚ health etc. For this
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Additional contribution to PF Recovery of Damages/losses‚ LOP PT IN TELANGANA(ON GROSS SALARY) Rs. Rs. Rs. Rs. Rs. Different for different States Since covered by the Commercial Taxes Department of each State. 5001 to 6000 --- Tax Rs. 60 6001 to 10000 --- Tax Rs. 80 10001 to 15000 -- Tax 100 15001 to 20000 --- Tax 150 20000 and above --- Tax 200 PROVIDENT FUND Upto a salary of Rs. 15‚000/- Per month @ 12% Contributed by both Employee & Employee 8.33% to Provident Fund 3.67%
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worker has a time rate of Rs. 15/hr. He makes 720 units of a component (standard time:5 minutes/unit in a week of 48 hours. His total wages including Rowan bonus for the week is —————. (A) Rs. 792 (B) Rs. 820 (C) Rs. 840 (D) Rs. 864. (ii) A television company manufactures several components in batches. The following data relates to on component : Annual demand : 32‚000 units; Set-up cost per batch : Rs. 120. Annual rate of interest : 12%; Cost of production per unit : Rs. 16. The Economic Batch Quantity
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Brief Study On “TELECOM SERVICES OF RELI NCE COMMUNICATION’’ PROJECT REPORT Submitted for Partial fulfillment for the Award of the Degree of BACHELOR OF BUSINESS ADMINISTRATION (2007 – 2010) INTERNET INSTITUTE FOR SPECIAL EDUCATION Kanchana Bihari Marg‚ Kalyanpur‚ LUCKNOW Presented to: Presented by: Mr. AMRIT ANAND GAURAV SINGH (Project Head)
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IPO Process Stock offered to public Approval by SEBI Draft Offer document filed with SEBI Negotiate the deal Investment Bankers (Underwriters) Company
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Law of Equi Marginal Utility According to this‚ a consumer is in equilibrium when he distributes his given money income among various goods in such a way that marginal utility derived from the last rupee spent on each good is the same. Assumptions The main assumptions of the law of equi-marginal utility are as under: (1) Independent utilities. The marginal utilities of different commodities are independent of each other and diminishes with more and more purchases. (2) Constant marginal
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How a bank makes profit-an interesting primer by vinayak date. ‘Trust’ bank has opened 10 branches and has become operational on 1/4/2009.on 31/3/2010 it has total deposits of rs 1000 crores. Equity capital of rs. 100 crores divided in 10 crore shares of rs. 10 each. Given this basic data let us try working out basic parameters of banks business ‚ with certain assumptions‚ to keep things simple. Cost of funds----- Analysis of Deposit mix-4o% casa deposits. Of which 25%savings deposits
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