13 May 2016
Professional Tax to be paid by earning an income from salary-Based on the Limit of Earnings or anyone practicing a Trade or profession - Based on turnover for Trade for Profession Based on Year of Practice. Each State Prescribed the Limit Which Vary From state to State.Maximmum PT Deducted Rs.2500/- Penalty and interest also vary from State to state Penalty 50% Interest 1.25% Late filing Fees Rs.250
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