How Should Overseas Consultancies Handle Professional Tax and Payslip Formats?

Hi Seniors,

I am currently working in an overseas consultancy. My MD asked me to prepare a payslip. Here, there is no PF, ESI, etc. Also, no professional tax is deducted. Kindly advise whether consultancies should deduct professional tax for employees. If yes, at what percentage. Also, please help me with the format of the salary slip for the consultancy.

Please see the attached model payslip.

Also, please note that Profession Tax deduction is required.

Based on the employee count, your company may fall under PF. Please refer to the [Compliance Wiki](http://stacowiki.in/en/acts/st-central/provident-fund-pf/) for more information.

The applicability and slab of Profession Tax will vary from state to state. Here is a reference document for [Profession Tax Slabs in India](http://docs.greytip.in/display/GOIN/Profession+Tax+Slabs+India).