Profession tax, Telangana
This query is : Resolved
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12 May 2020
On what salary do we consider Profession tax slab for Telangana state?
Is it the net salary (after all deductions like TDS, PF, ESI, Advance) or Gross salary(after leaves) or Actual salary of an employee?
Is it the net salary (after all deductions like TDS, PF, ESI, Advance) or Gross salary(after leaves) or Actual salary of an employee?
13 May 2020
Professional tax is calculated on Gross salary earned during the month before any deduction.
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17 May 2020
I am not clear about Gross salary.
Suppose actual pay of an employee is 20000/- p.m., leaves are 10 days, so (20000/31)*10=6452/- , then is gross salary (20000-6452=13548/-)?
Please clarify. Is it this amount on which PT has to be considered?
Appreciate early reply.
Suppose actual pay of an employee is 20000/- p.m., leaves are 10 days, so (20000/31)*10=6452/- , then is gross salary (20000-6452=13548/-)?
Please clarify. Is it this amount on which PT has to be considered?
Appreciate early reply.
21 May 2020
I think it should be based on Net Salary Payable to the employee but before deduction of any taxes like TDS, or loan/advance/purchases. It would be very unfair if we pay according to Gross Salary as suppose someone may have 20 days of leave but still he will be paying professional tax on his full salary which is never received in the month. If there are a lot of leaves or absence then it is logical to pay as per reduced salary slabs only.
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