Professional tax deduction on gross salary or net salary
This query is : Resolved
Vijay Sharma
(Querist)
21 September 2016
Dear sir/madam,
I want to know that Professional Tax of Maharashtra State deduction from Gross Salary or Net Salary
I want to know that Professional Tax of Maharashtra State deduction from Gross Salary or Net Salary
Amol S Joglekar
(Expert)
21 September 2016
it is from Gross salary
Vijay Sharma
(Querist)
22 September 2016
If Mr. Anil Gross Salary Rs.7500 but he worked only only 2 days and received Rs.500 can deduct Professional Tax
Amol S Joglekar
(Expert)
22 September 2016
No....his gross salary received is 500... so no Professional Tax is to be deducted.
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Vijay Sharma
(Querist)
08 October 2016
can you send me act or notfication or law to deducted PT of Maharashtra state gross salary
Amol S Joglekar
(Expert)
09 October 2016
The tax is on payment basis.
section 2(h) of Maharashtra State Tax on Professions, Trades, Callings and Employments Act:
"salary" or "wage" includes pay or wages, dearness allowance and all other remunerations received by any person on regular basis, whether payable in cash or kind, and also includes perquisites and profits in lieu of salary, as defined in section 17 of the Income-tax Act, 1961, but does not include bonus in any form, and on any account or gratuity
section 2(h) of Maharashtra State Tax on Professions, Trades, Callings and Employments Act:
"salary" or "wage" includes pay or wages, dearness allowance and all other remunerations received by any person on regular basis, whether payable in cash or kind, and also includes perquisites and profits in lieu of salary, as defined in section 17 of the Income-tax Act, 1961, but does not include bonus in any form, and on any account or gratuity
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