Professional tax

This query is : Resolved

NAVA YUG (Querist)
Follow

13 February 2012 Sir/madam, what is professional? What are the rates for it? From whom it collected? To whom it paid? I know only it can be deduct frm salary income. Pls answr me.

NAVA YUG

NAVA YUG (Querist)
Follow

14 February 2012 Please reply for the query.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

14 February 2012 Profession tax is a tax imposed by the state government on salaried employees / professionals/ self employed businessman under a separate statute. Since it is governed under Corporation/municipality/ panchayath act ,levy/ collection / administration is through the said bodies. The said tax is collected at a graded rate the maximum being restricted to Rs.2,500/- per annum through clause 2 of article 276 of the Constitution of India.

NAVA YUG

NAVA YUG (Querist)
Follow

14 February 2012 Thnx sir, thnx alot...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Sunder Sadani

Ravikumar

Konijarala prasad

CA K GIRIDHAR

Titus

Subscribe Now

Professional tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Senior Executive

Accountant

GST CONSULTANT

CA Final

Manager- Finance and Compliance