What Is Professional Tax

Hi
This is Ankitha
Any one can please tell me what is professional tax? What is the limits? How to apply in this pt for salary, what is the deductions, what is rules. Pls I need very urgently pls
Thank u

Hi
It is a tax levied by the Municipal Council on profession, trade calling and employment.
Every company which transacts business and every person, who is engaged actively or otherwise in any profession, trade, calling or employment with in the Town Panchayat on the first day of the half-year for which return is filed, shall pay half-yearly tax at the rates specified.
Rgds
Rakesh