CA Student
15932 Points
Posted on 08 November 2012
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Originally posted by : RS |
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In a company, 2 directors draw salary- Rs 320000/- pa and Rs 1200000/- pa.
Is it the company's liablility to pay professional tax? how much has to be paid?
Thanks |
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2 (bb) Directors (other than those nominated by Government) of companies registered under the Companies Act, 1956 (1 of 1956)
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Where the annual gross income of the persons mentioned above is-
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(i)
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Rs. 18,000 or less
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Nil
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2(a)/(b)/(bb)/(c)(I)
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(ii)
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Rs. 18,001 or more, but less than Rs. 24,001
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Rs. 216 per annum
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2(a)/(b)/(bb)/(c)(ii)
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(iii)
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Rs. 24,001 or more, but less than Rs. 36,001
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Rs. 300 per annum
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2(a)/(b)/(bb)/(c)(iii)
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(iv)
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Rs. 36,001 or more, but less than Rs. 60,001
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Rs. 360 per annum
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2(a)/(b)/(bb)/(c)(iv)
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(v)
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Rs. 60,001 or more, but less than Rs. 72,001
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Rs. 480 per annum
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2(a)/(b)/(bb)/(c)(v)
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(vi)
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Rs. 72,001 or more, but less than Rs. 84,001
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Rs. 540 per annum
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2(a)/(b)/(bb)/(c)(vi)
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(vii)
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Rs. 84,001 or more, but less than Rs. 96,001
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Rs. 600 per annum
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2(a)/(b)/(bb)/(c)(vii)
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(viii)
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Rs. 96,001 or more, but less than Rs. 1,08,001
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Rs.1080 per annum
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2(a)/(b)/(bb)/(c)(viii)
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(ix)
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Rs 1,08,001 or more, but less than Rs. 1,80,001
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Rs1320 per annum
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2(a)/(b)/(bb)/(c)(ix)
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(x)
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Rs. 180001 or more, but less than Rs. 300001
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Rs.1560 per annum
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2(a)/(b)/(bb)/(c)(x)
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(xi)
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Rs. 300001 or more, but less than Rs. 480001
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Rs. 1800 per annum
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2(a)/(b)/(bb)/(c)(xi)
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(xii)
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Rs. 480001 and above
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Rs. 2400 per annum
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2(a)/(b)/(bb)/(c)(xi)
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https://www.wbcomtax.gov.in/Act_Rule_Schedule_Form/ptschedule.htm