Dear HR Friends,
I need clarification on PT Calculation, Suppose Employee salary 50000 per month and he is on loss of pay in current month and his salary for the month 5000, whether this month we need to deduct his PT from his salary.
Thanks in advance.

From India, Bangalore
Professional Tax will be deducted on employee monthly earned gross salary....
If employee gross salary was 50000:
Eg 1: May'19 full present then PT will be 200/-
Eg 2: June'19 employee had loss of pay earned only gross salary 14000, there will be no Ptax for him for that particular month.
So, Ptax will be deductible according to the monthly earned salary by the employee not on fixed salary.
Hope this helps.
Thank You.

From India, Jabalpur
Thank you meera for the clarifications
From India, Bangalore
Dear Sir, I want to know that , when will be deduct PT ,and what should salary slab for deduction . so please let me know with example. Br, Manikant Kumar
From India, Delhi
Hi Manikant,
Professional Tax slabs vary from State to state,
As per Ap and Telangana:
0 - 15000 : Nill
150001 - 20000 : 150rs
20001 and above 200.
Monthly return deadline is 10th of every following month.( For June month salary we have to pay by 10th of July)
Hope it helps.
Meera Sharif.

From India, Jabalpur

If you are knowledgeable about any other fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 Cite.Co™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server