Professional tax
This query is : Resolved
01 March 2013
Sir
Should I deduct Professional tax from the salary given to Directors
Premnath
Should I deduct Professional tax from the salary given to Directors
Premnath
01 March 2013
First of all, provisions of professional tax varies from state to state.It is paid by every member of staff employed in private companies. It is subtracted by the employer each month and sent to the Municipal Corporation. It is compulsory just like income tax. You will be eligible for income tax deduction for this payment.
01 March 2013
Hi
Yes you have to deduct if its salary. u/s 192B
Thanks!!
Yes you have to deduct if its salary. u/s 192B
Thanks!!
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