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What is the correct answer?

4

An employee's monthly pay is Rs.6,500. The amount of salary actually paid to him for the month of May'04 is Rs.5,700. The amount of Professional Tax payable by him is

A. Rs.40 (More than Rs.5,000 but less than Rs.6,001)

B. Rs.45 (More than Rs.6,000 but less than Rs.7,001)

C. Average of (a) and (b)

D. None of the above

Correct Answer :

A. Rs.40 (More than Rs.5,000 but less than Rs.6,001)


Related Questions

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4

______________ is used for submission of Professional Tax Return.

A. Form I

B. Form II

C. Form III

D. Form III A

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4

Identity Cards received for each employee by the employer from Employees' State Insurance office shall be handed over to the employees

A. Immediately on receipt of such cards

B. On completion of 3 months of service by the employee

C. On completion of 3 months from the date of receipt of Identity Card

D. At any time the employer wishes

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4

The Employees Provident Fund and Miscellaneous Provisions Act, 1952 is applicable in case of any factory / establishment employing

A. 20 employees

B. 20 or more employees

C. More than 20 employees

D. None of the above

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4

An employee's monthly pay is Rs.6,500. The amount of salary actually paid to him for the month of May'04 is Rs.5,700. The amount of Professional Tax payable by him is

A. Rs.40 (More than Rs.5,000 but less than Rs.6,001)

B. Rs.45 (More than Rs.6,000 but less than Rs.7,001)

C. Average of (a) and (b)

D. None of the above

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4

In relation to Employees' State Insurance wage period in relation to an employee means the time taken by the employer to pay the employee his wages.

A. True

B. False

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4

The family of Mrs.Anamika Roy, covered by Employees Provident Fund and Miscellaneous Provisions Act, 1952 means

A. Her husband and children, if any

B. Her parents and parents-in-law, if any

C. Her deceased son's wife and children, if any

D. All of the above

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4

"Appropriate Government" , under Employees' State Insurance Act, in relation to an establishment under the control of the Central Government means

A. The Central Government

B. The State Government

C. Either of the above

D. Both (a) and (b)

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4

The minimum amount of administration charges to be paid by the employer in case of Provident Fund Scheme is ___________ per ____________.

A. Re.1, Month

B. Rs.5, Month

C. Re.1, Year

D. Rs.5, Year

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4

Insurance Number is allotted only to those employees in respect of whom Declaration Form has been submitted.

A. True

B. False

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4

In case of Permanent Total Disablement the loss of earning capacity should be 80% or more.

A. True

B. False

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4

The average balance in the account of a deceased person under Employees' Deposit Linked Insurance Scheme is Rs.20,000 during the last 12 months and Rs.27,000 during the period of his membership. The amount payable to the nominee of the deceased employee u

A. Rs.20,000

B. Rs.27,000

C. Rs.47,000

D. Rs. 7,000

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4

"Appropriate Government" , under Employees' State Insurance Act, in relation to an establishment under the control of the Central Government means ______________ .

A. Local Authority

B. State Government

C. Central Government

D. ESI Commissioner

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4

The highest authority for the purpose of Profession Tax is

A. The Central Government

B. The State Government

C. Commissioner of Professional Tax

D. Regional Commissioner of Professional Tax

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4

Employees' State Insurance Fund is administered by the State Government.

A. True

B. False

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4

Only a person who works for full 12 months in a year has to pay Professional Tax.

A. True

B. False

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4

In order to take advance for marriage, against Provident Fund, the employee has to submit the marriage certificate.

A. True

B. False

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4

Superannuation, in case of Provident Fund and Miscellaneous Provisions Act, 1952, in relation to an employee means the attainment of

A. 55 years of age

B. 58 years of age

C. 60 years of age

D. 65 years of age

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4

The minimum amount of inspection charges to be paid by the employer in case of Provident Fund Scheme is ___________ per month.

A. Re.1

B. Rs.2

C. Rs.5

D. Rs.10

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4

Professional Tax Clearance Certificate is valid for a maximum period of 12 months.

A. True

B. False

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4

The maximum amount of Professional Tax payable in a year is

A. Rs.2,005

B. Rs.2,050

C. Rs.2,500

D. Rs.2,550

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4

In case an employee falls under the Employees' State Insurance Act, 1948 registration has to be done compulsorily.

A. True

B. False

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4

Advance against PF balance can be taken for non-receipt of wages for a continuous period of

A. 2 months

B. 3 months

C. 6 months

D. 12 months

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4

The amount of funeral expenses is paid to

A. The spouse of the insured person

B. The legal representative

C. The eldest surviving male member of the family

D. The eldest surviving member of the family

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4

The employer can reduce the salary payable to an employee in order to reduce contribution payable under Employees Provident Fund and Miscellaneous Provisions Act, 1952 by filling up Form II

A. True

B. False

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4

Form 12A, in relation to Provident Fund, is to be submitted within _________ of each month.

A. 5th

B. 15th

C. 25th

D. 30th

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4

The amount of Provident Fund contribution is calculated on

A. Basic

B. Basic + Dearness Allowance

C. Basic + Dearness Allowance + Commission

D. None of the above

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4

The period in respect of which salary/wages are paid is known as __________ period.

A. Weekly

B. Wage

C. Remuneration

D. None of the above

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4

The Employees' State Insurance Corporation is established by the State Government.

A. True

B. False

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4

The Provident Fund is administered by

A. Provident Fund Corporation

B. Employees' PF Corporation

C. Central Board

D. None of the above

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4

Professional Tax is levied for the benefit of the professional persons only.

A. True

B. False