Hi, Can anybody give details about Professional Tax. What is mean by Professional Tax how it can be calculated what is the purpose of professional Tax. Thanks LS.
From India, Madras
1From India, Madras
Hi,
Can anybody give details about Professional Tax.
What is mean by Professional Tax
how it can be calculated
what is the purpose of professional Tax.
Thanks
LS.
Professional tax is levied by particular Municipal Corporations and majority of the Indian states impose this duty. It is a source of revenue for the government. The maximum amount payable per year is Rs.2,400/- and in line with your salary, there are predetermined slabs. It is paid by every member of staff employed in private companies. It is subtracted by the employer each month and sent to the Municipal Corporation. It is compulsory just like income tax.
From India, Gurgaon
Can anybody give details about Professional Tax.
What is mean by Professional Tax
how it can be calculated
what is the purpose of professional Tax.
Thanks
LS.
Professional tax is levied by particular Municipal Corporations and majority of the Indian states impose this duty. It is a source of revenue for the government. The maximum amount payable per year is Rs.2,400/- and in line with your salary, there are predetermined slabs. It is paid by every member of staff employed in private companies. It is subtracted by the employer each month and sent to the Municipal Corporation. It is compulsory just like income tax.
From India, Gurgaon
Hi.......
Professional tax varies from state to state .below i m citing some examples in order to show you the clear picture .
Examples : (state wise p.t slabs)
professional tax slabs :
Karnataka :
0-9999=0
10,000-14,999=150
15,000-above =200
maharashtra :
0-5000=0
5001-10000=175
10001-above=200
odisha :
0-5000=0
5001-6000=30
6001-8000=50
8001-10000=75
10001-15000=100
15001-20000=150
20001-above=200
gujarat :
0-3000=0
3001-6000=20
6001-9000=40
9001-12000=60
12001-above=80
chhattisgarh:
0-12500=0
12501-16667=150
16668-20833=180
20834-25000=190
25001-above=200.
Regards
satyajeet padhee.
From India, Madras
Professional tax varies from state to state .below i m citing some examples in order to show you the clear picture .
Examples : (state wise p.t slabs)
professional tax slabs :
Karnataka :
0-9999=0
10,000-14,999=150
15,000-above =200
maharashtra :
0-5000=0
5001-10000=175
10001-above=200
odisha :
0-5000=0
5001-6000=30
6001-8000=50
8001-10000=75
10001-15000=100
15001-20000=150
20001-above=200
gujarat :
0-3000=0
3001-6000=20
6001-9000=40
9001-12000=60
12001-above=80
chhattisgarh:
0-12500=0
12501-16667=150
16668-20833=180
20834-25000=190
25001-above=200.
Regards
satyajeet padhee.
From India, Madras
The tax deducted on profession should have earnings on any profession will be covered under Professional Tax
professional tax slabs : ANDHRA PRADESH
Up to 5,000 = NIL
5001 - 6000 = 60 PM
6001 - 10000 = 80 PM
10001 - 15000 = 100 PM
15001 - 20000 = 150 PM
Above 20000 = 200 PM
D.Vijay Kumar
Visakhapatnam
From India, Visakhapatnam
professional tax slabs : ANDHRA PRADESH
Up to 5,000 = NIL
5001 - 6000 = 60 PM
6001 - 10000 = 80 PM
10001 - 15000 = 100 PM
15001 - 20000 = 150 PM
Above 20000 = 200 PM
D.Vijay Kumar
Visakhapatnam
From India, Visakhapatnam
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