Dear All, Can any one explain how the professional tax needs to be calculated and how it should be paid. I am new to this Forum can one help me out. Regards, Anbarasan.
From India, Chennai
From India, Chennai
PT or Prof Tax refers to a tax levied by the state government on working professionals. This is a nominal tax based on the income of the employee.
Prof Tax is specified for an income range and each range is called as a slab. Each slab has a particular value of Profession Tax.
Not all states have Profession Tax. For more details on this, please visit wiki
From India, Bangalore
33Prof Tax is specified for an income range and each range is called as a slab. Each slab has a particular value of Profession Tax.
Not all states have Profession Tax. For more details on this, please visit wiki
From India, Bangalore
Dear Anbarasan,
To be more specific on Professional Tax,
A) Employee means a person employed on salary and includes,
Government servant receiving pay from the revenue of the Central Government or any State Government;
2) a person in the service of a body whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where, such body operates within the municipal limit even though its headquarters may be outside the municipal limit; and
3) a person engaged in any employment by an employer not covered by sub-clauses (i) and (ii);
B) employer in relation to an employee earning any salary on a regular basis under his means, the person or the officer who is responsible for disbursement of such salary and includes the head of the office or any establishment as well as the Manager or Agent of the employer;
C) half-year shall be from the 1st day of April to the 30th day of September and from the 1st day of October to the 31st day of March of a year;
D) month means a calendar month;
E) person means any person who is engaged actively or otherwise in any profession, trade, calling or employment in the State of
Tamil Nadu and includes a Hindu undivided family, firm, company, corporation or other corporate body, any society, club, body of persons or association, so engaged, but does not include any person employed on a casual basis;
F) Tax means the tax on profession, trade, calling and employment levied under this Chapter.
Sl. No. Six months income (Rs.) New Tax (Rs)
1 upto 21,000 -
2 21,001 – 30,000 100
3 30,001 – 45,000 235
4 45,001 – 60,000 510
5 60,001 – 75,000 760
6 75,001 and above 1095
The cheque should be in favor of The Revenue Officer, Corporation of Chennai.
Do let us know, incase further clarifications required
From India, Bangalore
To be more specific on Professional Tax,
A) Employee means a person employed on salary and includes,
Government servant receiving pay from the revenue of the Central Government or any State Government;
2) a person in the service of a body whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where, such body operates within the municipal limit even though its headquarters may be outside the municipal limit; and
3) a person engaged in any employment by an employer not covered by sub-clauses (i) and (ii);
B) employer in relation to an employee earning any salary on a regular basis under his means, the person or the officer who is responsible for disbursement of such salary and includes the head of the office or any establishment as well as the Manager or Agent of the employer;
C) half-year shall be from the 1st day of April to the 30th day of September and from the 1st day of October to the 31st day of March of a year;
D) month means a calendar month;
E) person means any person who is engaged actively or otherwise in any profession, trade, calling or employment in the State of
Tamil Nadu and includes a Hindu undivided family, firm, company, corporation or other corporate body, any society, club, body of persons or association, so engaged, but does not include any person employed on a casual basis;
F) Tax means the tax on profession, trade, calling and employment levied under this Chapter.
Sl. No. Six months income (Rs.) New Tax (Rs)
1 upto 21,000 -
2 21,001 – 30,000 100
3 30,001 – 45,000 235
4 45,001 – 60,000 510
5 60,001 – 75,000 760
6 75,001 and above 1095
The cheque should be in favor of The Revenue Officer, Corporation of Chennai.
Do let us know, incase further clarifications required
From India, Bangalore
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