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1. What was the WPIbased inflation rate in November 2024? 2024 WPI ? (a) 2.40% (b) 1.89% (c) 2.10% (d) 1.29% 2. The Ram Temple project of the Shri Ram Janmaboomi Temple in Ayodhya has been awarded
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The WPI-based form, also known as the Worker Payment Information form, is a document used to report payments made to workers in a specific context, such as when hiring temporary or contract employees.
Employers or organizations that hire workers, especially in contract or temporary positions, are required to file the WPI-based form to report those payments for tax and regulatory purposes.
To fill out the WPI-based form, employers need to provide specific information about the worker, including their name, Social Security number, payment details, and the duration of employment. It is essential to follow the guidelines provided by the issuing authority.
The purpose of the WPI-based form is to ensure proper reporting of worker payments for tax compliance, record-keeping, and facilitating the correct processing of worker benefits and entitlements.
The form must report details such as the worker's full name, Social Security number, total payments made, dates of employment, and the nature of the work performed.
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