What is C-DAC?
C-DAC conducts PG-Diploma courses of six months duration. We offer Doctorate and Post Graduate Degree awarding programmes in collaboration/affiliation with leading Universities. We create solutions for Education and Technology based Learning. C-DAC conducts PG-Diploma courses of six months duration. We offer Doctorate and Post Graduate Degree..
How is the CDAC contribution pro-rated?
The employer shall pro-rate the contribution based on the gross wages paid to the employee for that period. 19. If an employee resigns and joins another company in the same month, do both employers have to deduct the CDAC contribution from the employee’s salary? Yes, the CDAC contribution is on a per employment basis. 20.
What is the tax deduction for the CDAC?
Your donation to the CDAC Fund made from 1 January 2016 to 31 December 2021 is entitled to 2.5 times tax deduction. The tax deduction will be automatically reflected in your IR8A statement. 13. (MBMF), your employee will also need to contribute to the MBMF.
How does CDAC reach out to lower-income households?
In 2020, CDAC reached out to 18,000 lower-income households through educational and development programmes, bursary and subsidy schemes for needy students, fulfilling ageing activities for seniors and financial assistance and employment support for families.