Maharashtra Profession Tax: Are Trainee Stipends Over Rs. 10,000 Taxable?

balgee

Under the Maharashtra Profession Tax, is stipend paid to trainees over Rs. 10,000 per month covered? Or is the stipend not liable for profession tax?

Hi,

As a stipend is a source of income, it attracts professional tax.

Regards,
KM

nathrao

Apprentices are not covered under professional tax since they receive only a stipend.

jayshrikrishna-anand

I also wish to know if the trainees under the company's scheme are liable to pay:

1. Professional Tax

2. Labour Welfare Fund

3. ESIC

4. PF

We wish to come out with the scheme. If there are any other legal deductions, please share that also.

Regards

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