Professional Tax Deduction?

Dear All,
Please help me out with this query that if employee's salary is 25000/- (Male) and we are issuing him diwali bonus in advance (seperately) before his salary. In this case, will the professional tax be deducted???
Regards,
Dhanashree

Dear Dhanashree,

Can you please explain the term " Processing Tax " elaboration can make us understand the question & so that to answer the query

Never Heard of such a TAX!!!!!!!...I am afraid if HRD Ministry Official in this site picks up a clue an introduces this type of Tax....we already have enough taxes to burden us!........I Sincerely hope its Professional Tax which is mis-spelled....rgrds

Appologies for the posting. Actually my collegue raised the Q and I was not aware about Term, "prossessing tax" (which now I come to know, doesn't exist) so I posted the same query & later she cleared it that she was talking about the Professional Tax, which I later explained to her.
This all was basically due to mis-communication. Really sorry to take your time.
Thank You!!

how to fill profession tax returns? and what is the procedure for payment of Profession tax deducted from salary of employees to govt? what is due dates of filing profession tax returns?

First you need to apply for a PT Number & Registration. It takes a couple of months to get the number depending on the state you are applying in. Once you get the PT Number then You can get the Professional Tax Challan from any Stationary Shop or download from the net or from the official state govt tax sites. Fill the Challan. You can pay it Monthly, Quarterly, Half yearly or Annually. You need to fill the the totals according to the PT Slabs for your state. Please check the PT Slabs for your state by searching on this site itself or on the net. A cheque drawn in favour of SBI alongwith the challan needs to be deposited at the bank. There is a lot of information avialable on Cite HR on PT which you can go through as a guide on the same..........rgrds

i thing it is professional tax...
Professional tax calculation purpose "salary or wages" includes pay, or wages, dearness allowances and all other remuneration received by any assessee on regular basis, whether payable in cash or kind and also includes requisitions and profits in lieu of salary as defined in section 17 of the Income-tax Act, 1961, but does not include bonus in any form and on any account or gratuity.
So PT is not applicable on bonus.

Why Paid P. Tax it is compulsary.? P.Tax benefits to Tax payer. or workers
Subhash
+919922209111

I am afraid to hear this ...any kind of Procession will be taxed henceforth???;)
Regards
Parul

can any one tell me whn can v apply da NSE certifications like derivatives, capital mrkts etc etc