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BONUS - DOES PROFESSIONAL TAX IS APPLIABLE ON THIS?





 

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17-10-2007, 04:21 PM
Join Date: Apr 2007
Location: india
Re: BONUS - DOES PROFESSIONAL TAX IS APPLIABLE ON THIS?
Dear Srinaren

Usually tbe power to collect Professional Tax vest with Local Self Goverment institutions ( Panchayath,Muncipal Coprporation Etc).For Each state there are seperate Acts and Rules to geovern these institions.Acciording to Kerala Panchayath Raj Act Sec 205 F and the rules there under, Bonus also has to be taken for computing the Professional Tax.I find no other reason to include a cluase contraty to this in the Act applicable to your area.Hope this will clarify the doubt

Nasir Ali
 
05-11-2009, 05:17 PM
Join Date: Nov 2008
On Incentive professional Tax is applicable or Not?
 
07-11-2009, 03:32 PM
Join Date: Sep 2009
hi,

Bonus will be calculated on Basic Salary but pt wil not deducted on bonus.

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