prof. tax
This query is : Resolved
15 July 2011
Respected Sir,
Monthly prof. tax to be deducted should be on gross amount or net salary amount i.e. after deducting for absentees
i.e. if employee is earning 11000/- then we deduct Rs. 200/- but since he was absent so actual earned salary is only 9000/- then tds should be Rs. 175/- or Rs. 200/- i.e. prof. tax should be based on gross salary or net salary
Urgent pls clarify my doubt
Respected Sir,
Monthly prof. tax to be deducted should be on gross amount or net salary amount i.e. after deducting for absentees
i.e. if employee is earning 11000/- then we deduct Rs. 200/- but since he was absent so actual earned salary is only 9000/- then tds should be Rs. 175/- or Rs. 200/- i.e. prof. tax should be based on gross salary or net salary
Urgent pls clarify my doubt
15 July 2011
prof tax is to be deducted and remitted on net salary payable for the month
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