Whether professional tax is calculated on basic salary or gross salary?
also define basic salary for PT?
Menu
Professional tax
Replies (3)
Profession Tax is based on slab of Your state ( Kindly consider gross monthly salary for slab limit)
| Originally posted by : Gowtham | ||
 |
Profession Tax is based on slab of Your state ( Kindly consider gross monthly salary for slab limit) |
 |
For Professional Tax Paid, there is deduction under section 16(iii) (Limit-2500p.a.) if in one year emplyee has paid professional tax for three year then 7500.00 will be admissable
Recent Threads
- Turnover limit for composition dealer in gst
- My client purchases Rs. 3 crores and his turnover
- Regarding CA foundation Exemption (Direct Entry Sc
- CFSS Scheme
- Transfer of ITC from individual to LLP
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
Related Threads
CAclubindia
