Understanding Employer Contribution for Professional Tax in Chennai: Can You Help?

mail2murugesan.e
Can anyone help me with how to calculate Employer Contribution for Professional Tax in Chennai?

Regards,
Murugesh
Madhu.T.K
There is no employer's "contribution" to profession tax. Certainly, based on the revenue (turnover) received by the employer, he is supposed to "pay" profession tax.

Profession Tax is decided according to a slab fixed by the State Government. The same slab is applicable to employees of any establishments, self-employed professionals, and others. Normally, the said slab will remain in force for many years, and there is no financial year prescribed for profession tax. PT is payable for every half-year. For details and slab for PT, please refer to the relevant Act in Tamil Nadu.

Regards,
Madhu.T.K
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute