PitchSend

Investor Presentaiton

WORKERS WELFARE FUND Page 9 The effect of the above amendments was that - the WWF Ordinance was made applicable to all concerns including individuals, as well as to entities (including companies) which were service providers; the levy of WWF was to be calculated with reference to the higher of taxable income (as per the return of income), or profit before tax (as per the audited accounts), in case of exemption or availability of tax loss resulting in no total (taxable) income, WWF also became leviable; and it was applicable on income subject to FTR to be calculated @ 4% of the receipts declared in the statement filed under section 115(4) of Ordinance WWF and WPPF EY Building a better working world

View entire presentation