Professional TAX [Thread 452123]

12.kunal
Dear all,
We are planning to open 1 branch in Bangalore, which comes under Karnataka shop establishment also Professional Tax applicable there.
I want to know about entire Professional tax from starting(registration) till end.
if salary is more than 15000k then 200 is applicable.
My question: is 200 deduction from employee side only or is there any amount which has to be given by employer side also.
Can we show 200 part of CTC Breakups?
Process for registration
Regards,
Kunal Kumar
Mrunal90
Dear Kunal,
Kindly find the below PT Slabs for Bangalore for your ready reference.
Average half yearly Income From To Half yearly Profession Tax
1 Upto Rs.21,000/- - NIL
2 Rs.21,001/- to Rs.30,000/- - > Rs.100/-
3 Rs.30,001/- to Rs.45,000/- - > Rs.235/-
4.Rs.45,001/- to Rs.60,000/- - > Rs.510/-
5 Rs.60,001/- to Rs.75,000/- - > Rs.760/-
6 Rs.75,001/- and above - Rs.1095/-
PT is always deducted from employee's salary as its employee's contribution & not employer's.
You can show this deduction as Gross - PT (Like PF,ESI, MLWF CONTRIBUTIONS)
Regards,
Ms. Mrunal Tambe
hansadutt@rausinfras.com
dear sir
what is difference between professional tax & tds
and what is the slab for both taxes
hansa dutt
hansadutt@rausinfras.com
dear sir
what is difference between professional tax & tds
and what is the slab for both taxes in delhi
hansa dutt
ashok6984
Dear Murnal Tambe,
The slab rate mentioned by you pertaining to tamil nadu rates not for bangalore. In india Tamilnadu & Kerala only permits to remit the PT in once in six month to department. Other states PT needs to remit on monthly basis to department.
Aside to Kunal,
You need to register If your quantam of member more than 20 in that branch. Other wise not require to register under Establishment.
Regards,
Ashok.
12.kunal
Dear Ashok Ji,
Its great and thanks for this update.
As you said, registration not required as we are just opening with 8 sitters there in bangalore. Now my question is: we have to deposit PT part but how and how much for bangalore employee earning more than 15000K per month, will be very helpful for me if you brief the process.
Regards,
Kunal Kumar
jeevarathnam
Hi Kunal Kumar
for Bangalore you should register PT. The process is you shall register online using the URL pt.kar.nic.in and the same should be submitted in PT office with respective supporting documents.
The tariff is
10000/- to 15000/- its 150 & above 15000 its 200 & monthly payment should be paid
vishal_dhruv
Dear All,
Thanks for sharing such valuable information on professional tax. Would like to add a few questions from my side for solution:
I know that PT is imposed at state level and is deducted by the employer each month and sent to concerned municipal corporation. Now my question is what is the benefit of paying professional tax and the process to deposit the amount to municipal corporation. Also, is PT applicable in Delhi? pl give your feedback on this too.
ashok6984
Hi Vishal,
Professional Tax is not applicable in Delhi.
As individual we will get the tax exemption from the income on that amount.
Regards,
Ashok.
hansadutt@rausinfras.com
dear all,
one employee has gone to maternity leave
please let me know EL & CL is applicable with maternity leave or not
hansa dutt pokhriyal
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