CA IPCC Law Question Paper PDF Download Nov 2016

CA IPCC Law Ethics and Communication Question Paper for November 2016 and also for the previous 10 attempts have been provided below. In addition to our earlier article on IPCC Law Amendments and CA IPCC Law Notes, we are hereby providing all CA IPCC Law Question Papers at one Place. Most of the Questions in today’s law exam has come from Important Topics specified by FinApp. Students can also download latest Practice Manuals for CA IPCC. We have provided hundreds of free Revision Notes in PDF Format for all subjects in CA IPCC like Tax, Accounts, Audit etc. Last is one of the tricky subjects. The way you present answers plays a crucial role in scoring high marks in exam.

CA IPCC Law Question Papers PDF Download

Download IPCC Law Question Paper Nov 2016

Law Exam was held today and the question paper was available from 3.30 PM. The Question Paper has been made available in the PDF Format below.

IPCC Law Question Paper Nov 2016 Download

IPCC Law Previous Attempt Question Papers.

Law Question Paper May 2016 Download
Law Question Paper Nov 2015 Download
Law Question Paper May 2015 Download
Law Question Paper Nov 2014 Download
Law Question Paper May 2014 Download
Law Question Paper Nov 2013 Download
Law Question Paper May 2013 Download
Law Question Paper Nov 2012 Download
Law Question Paper May 2012 Download
Law Question Paper Nov 2011 Download
Law Question Paper May 2011 Download
Law Question Paper Nov 2010 Download
Law Question Paper May 2010 Download

 

IPCC EPF Law Revision

Applicability of the Act:

EPF Act Applies to Factories and Establishments which employs 20 or more persons.

Non-applicability of the Act:

EPF Act is not applicable to:

1.Govt establishments

2. An undertaking constituted under a separate Act. (Like ICAI, Indian Railways)

3. Co-operative society employing less than 50 persons and working without the aid of power.

Can CG authorize certain employers to maintain PF accounts?

Yes, If the establishment employs 100 persons or more, and has not committed any default in the payment of provident fund during 3 years preceding the date of application.

Composition of Central Board of Trustees (V.Imp):

  • 1 Chairman
  • 1 Vice Chairman
  • 1 Central PF commissioner
  • Maximum 5 officials representing CG.
  • Maximum 15 officials representing SG.
  • 10 persons representing employers.
  • 10 persons representing employees.

EPF Quantum of contribution:

Employee Contribution is – 10% of pay (Basic + DA + Retaining allowance)

Employer Contribution is – 10% of pay

Pension Contribution:

Employer shall contribute amount not exceeding 8.33% of the basic wages, DA and retaining allowance.

Employee Deposit Linked Insurance Scheme ( V Imp)

The employer shall time to time shall contribute amount not exceeding 1% of the aggregate of Basic Salary, DA and retaining allowance, to this Insurance Scheme.

At the time of death of employee, his nominee shall be entitled to receive a one-time lump sum amount as insurance benefit.

Such amount shall be higher of following-

(a) Average Wage (Max of 15,000) X 20, increased by 20%.

(b) An amount equal to the average balance in the fund, in preceeding 12 months. However, if the average balance Exceeds 50,000, then the amount Payable shall be 50,000 (plus) 40% of the amount in excess of 50,000, subject to a Maximum of Rs.100,000.

Example Illustration: Mr.Vikram died in a road accident, when he was last drawing a salary of Rs.25,000. The Average Balance in his Insurance fund is Rs.90,000. What is the Insurance amount payable to his nominee?

Insurance Amount Payable shall be higher of a and b.

(a) 15,000 X 20 (+20%) = 3,60,000

(b) 50,000 + (40% of 40,000) = 66,000

Insurance Amount payable to the Nominee is Rs.3,60,000