Professional Tax

Every employer in specific states is required to deduct taxes from salary when paid to one or more employees when payment made exceeds Rs 5000(this limit is for Maharashtra)
and deposit with state government. That entity is required to obtain registration certificate

Prasad , Your company is required to be registered under PT Act

Hi prasad,

Professional tax or tax on employment is mandatory one and it is levied and collected by state government.so it is differ from state to state. Rs.12500per month is the limit for Tamil Nadu. An employer paying salary in excess of this limit he should deduct the applicable amount while paying salary.

Thanks for your valuable replies. and what is PT for Director remuneration

Director remuneration is also comes under professional tax.

TN govt amended PT rules by different income groups 

So pls refer tn.gov.in/dtp/professional-tax.htm for more clarification