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Do we get Deduction on Professional Tax paid..........from Income from Salaries???
Thanks
yes u/s. 16(iii) deduction is allowed
regards,
ratan
What is current slab rate of professional tax deduction
Upto 5000 nil
5000 - 10000 175
above 10000 200 pm (in feb 300)
above is for the state of maharashtra. Different for different regions.
PF Tax rate varies from state to state.
Yes.... as rightly said it varies in different states...........
Deduction u/s 16 i.e 16 (iii) is available......PF tax varies from state to state...
yeah deduction for professional tax is allowed u/s 16(iii)
yes........
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