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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

Correct Answer :

D. Rs.2,500


Related Questions

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4

In case a person is covered by more than 1 entry of the Schedule relating to Professional Tax, the amount of Professional Tax payable by the person is the highest rate of tax payable under those entries.

A. True

B. False

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4

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

A. True

B. False

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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

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 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

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4

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

A. True

B. False

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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

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

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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

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

The amount of funeral expenses available under Employees' State Insurance Act, 1948 is _____________.

A. Rs.1,000

B. Rs.1,500

C. Rs.2,500

D. Rs.5,000

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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

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

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

A member of Provident Fund Scheme can take advance for purchase of a house to the extent of

A. 36 months' basic pay + DA

B. Member's share of EPF contribution + employer's contribution + interest

C. Cost of purchase

D. Least 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

Employees' State Insurance Fund is administered by the

A. Central Government

B. State Government

C. Employees' State Insurance Corporation

D. Standing Committee

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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 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

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

"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

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

A. True

B. False

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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

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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

B. 58 Years

C. 60 Years

D. 65 Years

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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

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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

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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

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 Provident Fund is administered by

A. Provident Fund Corporation

B. Employees' PF Corporation

C. Central Board

D. None of the above