Please provide rules for
1. Deducting TDS for Contract employees. What rate ? Any limit for non deduction ?
2. Should we deduct and pay EPF for Contract employees ?
3. What is the maximum period the contract can be ?
Regards,
From India
1. Deducting TDS for Contract employees. What rate ? Any limit for non deduction ?
2. Should we deduct and pay EPF for Contract employees ?
3. What is the maximum period the contract can be ?
Regards,
From India
Hi,
1. TDS rate is 10%
2. If you deducting TDS and showing employee as contract employee or Fixed Term Employee then you need not to deduct PF amount from the salary to be paid.
3. You need to ensure that, the employee shall not be employed for more than 240 days in continuous employment with the company.
3771. TDS rate is 10%
2. If you deducting TDS and showing employee as contract employee or Fixed Term Employee then you need not to deduct PF amount from the salary to be paid.
3. You need to ensure that, the employee shall not be employed for more than 240 days in continuous employment with the company.
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Fixed Term Contract Employees to get Gratuity.docx
WB-Contract Employees-Mat.L eave.pdf
All in One TDS preparation for W.B.Govt employees for the Financial Year 2011-2012.xls