Hi all, need your suggestion: Is PTax calculated on CTC, Gross Pay, or Net Pay? Also, if an employee's salary is 40,000/- per month and he worked for 4 days, should we deduct PTax from the 40,000/- or from the 4 days' salary?
Professional tax is deductible only on the gross earned salary during the month, which reflects on your payslip or payroll.
Regards, Suresh
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