01-02-2004, 10:26 PM
If u are talking about the provision, that how it is provided in accounts, the calculations are as follows.
WPPF Profit before taxation (before charging WPPF) x 5%.
WWF Taxable Profit x 2%.
As far as Payment as concerned, there are some rules for the payments of WPPF, (Slab rates for the employees) and it is paid to employees according to that. Whatever amount left after making all the payments to employees, is paid to the government.
and WWF is paid to government.
SMR
WPPF Profit before taxation (before charging WPPF) x 5%.
WWF Taxable Profit x 2%.
As far as Payment as concerned, there are some rules for the payments of WPPF, (Slab rates for the employees) and it is paid to employees according to that. Whatever amount left after making all the payments to employees, is paid to the government.
and WWF is paid to government.
SMR
