Professional tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2013
Sir
Please explain which is called Professional Tax.
Thanks
Mukesh Kumar
Please explain which is called Professional Tax.
Thanks
Mukesh Kumar
23 February 2013
Professional tax is charged by respective Municipal Corporations and most of the States in India charge this tax. The maximum tax payable per annum is Rs.2,400/- and according to your salary, there are fixed slabs. This tax is paid by every employee working in Private organizations. The tax is deducted by the Employer every month and remitted to the Municipal Corporation and it is mandatory like income tax. You get income tax exemption for this contribution.
23 February 2013
Hi
PT is state based.
Refer this link for more clarity; https://www.slideshare.net/hedge-square/report-on-profession-tax
Thanks!!
PT is state based.
Refer this link for more clarity; https://www.slideshare.net/hedge-square/report-on-profession-tax
Thanks!!
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