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Clarification requested for Professional Tax

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rajeshkn

CEO

38 Points Posted on 10 June 2010

Dear Sirs,

I run a proprietorship firm (unregistered) at Chennai & we offer software development / web designing services purely for overseas market. All developers / designers in our firm receive a minimum annual salary of 2.0 lakhs plus.

Are we covered under Professional Tax? I am not able to find the corresponding law or rules regarding the same, hence this request to guidance?

Pls. advise on what should be done? and how we should go about this?

Thanks & Regards,

Rajesh

Replies (1)

Bhavik Davda

Proprietor

240 Points Posted on 10 June 2010

Dear Rajeshji,

The minimum annual salary of Rs. 200,000 will make you liable to pay profession tax of Rs. 2500 per head. below is the slab rate avaialble in the legislatio-

Less than Rs.21000
Nil
Between Rs.21001-Rs.30000-this is the applicable salb for you.( Yearly Rs.900 is being payable- kindly contact local Professionals for the same)
Rs.75
Between Rs.30001-Rs.45000
Rs.188
Between Rs.45001- Rs.60000
Rs.390
Between Rs.60001- Rs.75000
Rs.585
Beyond Rs.75001
Rs.810