Professional tax

This query is : Resolved 

01 March 2013 Sir

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!!


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