Home
Current Affairs January 2024

What is the correct answer?

4

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

A. True

B. False

Correct Answer :

B. False


Related Questions

What is the correct answer?

4

In case of ESI the Register of Employees in Form 7 is to be preserved for a period of 5 years from the date of

A. Introduction of the Register

B. Last entry in the Register

C. or (b) whichever is earlier

D. or (b) whichever is later

What is the correct answer?

4

Dependant's benefit is available only in the case of the death of the insured person.

A. True

B. False

What is the correct answer?

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

What is the correct answer?

4

For the purpose of Employees Provident Fund and Miscellaneous Provisions Act, 1952 the term "employee" does not include

A. Substitute employee

B. Casual Employee

C. Apprentice

D. All of the above

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

In case of non-payment of amount due under PF, the employer can be arrested.

A. True

B. False

What is the correct answer?

4

______________ is used for submission of Professional Tax Return.

A. Form I

B. Form II

C. Form III

D. Form III A

What is the correct answer?

4

The maximum amount of Professional Tax payable in a year is _____________ .

A. Rs.1,000

B. Rs.1,500

C. Rs.2,000

D. Rs.2,500

What is the correct answer?

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

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

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

What is the correct answer?

4

The value of perquisites is to be included in salary for determining the amount of Professional Tax payable.

A. True

B. False

What is the correct answer?

4

The State armed forces are exempted from the payment of Professional Tax.

A. True

B. False

What is the correct answer?

4

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

A. 55 Years

B. 58 Years

C. 60 Years

D. 65 Years

What is the correct answer?

4

In relation to Profession Tax a person has to pay tax for the full year even if he was not engaged in any profession, trade, calling or employment for a period of 3 months in that year.

A. True

B. False

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

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

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

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

Employees' State Insurance Act, 1948 is applicable in an establishment where work is carried on without the aid of power.

A. True

B. False

What is the correct answer?

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

What is the correct answer?

4

In the state of West Bengal, in case the annual Professional Tax liability for a year exceeds Rs.3,000, Form III is to be submitted within

A. 30 days from the end of the quarter

B. 21 days from the end of the quarter

C. The last day of the quarter

D. None of the above

What is the correct answer?

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

What is the correct answer?

4

An establishment is incorporated on 01.10.2000. The number of employees working in it reached 20 on 15.05.2001. The establishment will be covered under the Provident Fund and Miscellaneous Provisions Act, 1952 from

A. 01.04.2003

B. 15.05.2001

C. 01.10.2003

D. 15.05.2004

What is the correct answer?

4

The Provident Fund is administered by

A. Provident Fund Corporation

B. Employees' PF Corporation

C. Central Board

D. None of the above

What is the correct answer?

4

In case of a company registered under any state Act on Professions, Trades, Callings and Employments, any change in the constitution of the Board of Directors is to be informed.

A. True

B. False

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

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

What is the correct answer?

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