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Understanding Wages and Deductions

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Murugesan Msk
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2 views1 page

Understanding Wages and Deductions

Uploaded by

Murugesan Msk
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

by-products, wastes or effluents thereof would: 

Cause material impairment to the health of the persons


engaged in or connected therewith, or  Result in the
pollution of the general environment. 4. Define Wages.
“Wages” means all remuneration(whether by way of
salary, allowances or otherwise) expressed in terms of
money or capable being so expressed which would, if
the terms of employment express or implied , were
fulfilled, be payable to a person employed in respect of
his employment or of work done in such employment.
5. What are the various kinds of deductions?  Fines 
Deductions for Absence from Duty  Deductions for
Damage or Loss  Deductions for House
Accommodation  Deductions for Amenities and
Services  Deductions for Recovery of Advances 6.
Define Allocable Surplus. In relation to an employer,
being a company other than banking company which
has not made the arrangements prescribed under the
Income Tax

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