Monday, 15 November 2021

Self Declaration of Stability of Building under Punjab Factory Rules

 

Self Declaration of Building Stability

 

 

I_____________________ Proprietor/Partner/Director of M/s _____________________

do hereby declare that the building of Industry (Office and Shed) has been got checked from competent structure designer/engineer and found the same safe from all aspects. Further it is declared from construction of Building/Shed till date there is no any single incident of occurring  accident in our factory due to breakage/collapse of building/shed.

 

 

                                                                                                Signature______________________

Friday, 22 October 2021

JOB WORK BY Steel Rolling Mills

Any rolling mill to do job work (Rolling of Flat/Bars etc from Ingot

1. Get Steel Ingots on Challan with Eway Bill if value exceed 50000

2. Roll the goods 

3. Issue Eway with with challan if value exceed 50000

4. Issue Job Work Bill with 9%+9% (18%) GST on Job work

5. Mention Service Tax Code 998860

6. Dispatch with outgoing finished products Eway-Bill, Challan Job Work Invoice, Copy of Challan issued by Ingot supplier

(Value in Finished Goods Eway Bill-Challan = Value as per Challan of Supplier +Job Work Charges


Wednesday, 1 September 2021

Bonus agreement under Section 31A of the Payment of Bonus Act

 

Agreement under section 31A(ii) of the Payment of Bonus Act

 

This agreement is made on this day the _____________ between

 

1.      M/s ___________________________________________ through its partner/director/Proprietor Sh. ___________________S/o Sh. ______

Hereinafter called the employer and

2.       Majority of the Labour in person as mentioned hereinafter

 

Whereas the majority of the labour/employees approached the management of employer to fix the payment of bonus without considering profit and loss of the employer on the basis of production/productivity of the unit and the management has agreed to their request and signed the terms and condition for fixing percentage of payment of bonus as under:-

 

1.      That the payment of bonus to all the eligible Labour/Employees shall be paid for the year ending _______________ to year ending ________________ as per the formula as under:-

a)      ____ % bonus of the salary/wages shall be paid if the production of unit during the relent year increases _______________MT

b)      _____% of the bonus of salary/wages shall be if the production of unit during the relevant year remained below and equal to the quantity fixed at 1(a) above.

2.      The Employees shall not claim over and above the amount as fixed at serial No. 1 above and shall not file any claim in any court/tribunal

 

Date:                                                               For

Place

                                    Employees in person

Name

Father’s Name

Designation

Signatures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wednesday, 25 August 2021

TDS Rate AY 2022-23 FY 2021-22 (1/4/21 to 31/3/22)

Particulars

1.4.21 to 31.3.22

1.4.20 to 13.5.20

14.5.20 to 31.3.21

Section 194-A Interest other than Int on Security

10%

10%

7.50%

Section 194C: Payment to contractor/sub-contractor.

 

 

 

a)   Individuals/HUF

1%

1%

0.75%

b)   Others

2%

2%

1.50%

Section 194H: Commission or brokerage

5%

5%

3.75%

Section 194-I: Rent on   a) Plant and Machinery

2%

2%

1.50%

b) Land/building/furniture/fitting w.e.f 1st April 2019, tax deduction limit on rent is increased to Rs 2.4 lakhs p.a. from Rs 1.8 lakhs p.a.

10%

10%

7.50%

Section 194-IA: Payment in consideration of transfer of certain immovable property other than agricultural land.

1%

1%

0.75%

Section 194-IB: Rent payment by an individual or HUF not covered u/s. 194 i

5%

5%

3.75%

Section 194J: Any sum paid by way of: 

 

 

 

(a) Fee for professional services;         

10%

10%

7.50%

(b) Remuneration/fee/commission to a director;

10%

10%

7.50%

(c) For not carrying out any activity in relation to any business;

10%

10%

7.50%

(d) For not sharing any know-how, patent, copyright etc.

10%

10%

7.50%

(e) Fee for technical services

2%

2%

1.50%

(g) Fees for technical services but payee is engaged in the business of operation of call centre

2%

2%

1.50%