Professional Tax

his everybody plz can anybody help me

Wat is Professional Tax ? y it is deducted and rates at which it is calculated.

plz do reponse Ihave posed 3 to 4 question till now nobody has responded

plz do reponse atleast for this.

Article Student

Replies (5)

Hi Habeeb...


Professional Tax is a tax on employment...All salary earning people should pay Professional tax...So Employer should deduct PT before paying Salary.




 


The slab rate applicable if the Gross salary is



3000 to 4999           Rs.30


5000 to 7999           Rs.60


8000 to 9999           Rs.100


10000 to 14999      Rs.150


15000 & above        Rs.200

There is some problem with the site slab rate i typed are disapearing


Go through this link for slab rate...


https://www.citehr.com/60152-pt.html


 

My Dear Habib,


The profession Tax(not professional tax)is being levied on professions, trade callings and employment by an state. In Madhya Pradesh on almost all  types of earner have to pay the tax, such as employee,legal or medical practitioner,architects, managment consultants, CA, agents, contractors,Members of stock exchange.Directors of the cos,Liquor licenees,Employers of theaters,Service station, petrol pumps,Hotels,Registered Co.,Chit fund institutions,Banks, Co-operatives,Video and beauty parlours, money lenders,Partnership firms,Factories,Dealer liable pay VAT,Holders of transport permits. etc. etc..  Rate of tax has been given in prescribe  schedule of the Act.


Please visit www.mptax.net for Madhya pradesh profession tax Act and rules.


You may call me at 9425176510.

Profession Any consultancy / Retainer Ship etc.

 

Tds 11.33%  (10+10%+3%) 194J.     2 condition :  1 .  If Bill submit =  20000/-  2.  yearly 100000/- for individual.  if any condition is complete than deducte the tds. ok

PH. 41000530  ext. 344

shareinfoline technical analysts keeps there eyes on this bullish Indian stock market to provide best intraday and long term share market calls daily. Our trading tips covers NSE and BSE .
Check gainers,losers ,news, IPO ,Free tips,trading tricks and all new mutual funds .

90% accurate stock recommendations in any market condition with exact entry price, exit price & stop loss every single day on your email & mobile thru SMS.
For more info please visit: www.shareinfoline.com

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details