Understanding Professional Tax Deductions for New Employees Joining Mid-Month

Meghana Sathe
If an employee is earning $30,000 per month and joins on the 23rd of the month, how much PT will be deducted?
jayaprakash12931
In Tamil Nadu, the Professional Tax slab is as follows:

1. Up to ₹21,000 per month: ₹0
2. Between ₹21,000 to ₹30,000 per month: ₹135.00

Just assuming a 30-day month, the employee will work for 8 days (23rd to 30th) in the first month. Calculate using this formula:

₹30,000 x (8/30) = ₹8,000
loginmiraclelogistics
PT Applicable in Maharashtra State

PT applicable in Maharashtra state is attached.
1 Attachment(s) [Login To View]

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