GYAN SAGAR

Rates for tax deduction at source [For Assessment year 2017-18] Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192: Payment of salary Normal Slab Rate Section 192A: Payment of accumulated balance of provident fund which is taxable in the hands of an employee (with effect from 01.06.2015). 10 Section 193: Interest on securities a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; 10 b) any debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder; 10 c) any security of the Central or State Government; 10 d) interest on any other security 10

Bank reconciliation in Navvision works on the following basic principle:   The bank reconciliation forces you to enter into your system all the bank entries of the bank to the bank book . Otherwise the bank reconciliation cannot be done as the bank statement has to be matched. Thus you will not have a case of "checks/charges in bank not in bank book". I am giving you a brief process which should start you up. The first process is to check that your G/L bank balances match with Sub ledger Bank balances (This is a must as the bank recon is done with the Sub ledger bank balances). Correct them first if they are not matching (normally errors come due to some one tampering the posting groups) The second step is to go to General ledger -> periodic routines --> bank account recon which will open up a screen. In the bank account number put the bank which you want to reconcile. In Balance last statement, the amount should be previous period of the bank&#