Professional Tax Calculation [Thread 81903]

Dear All,
Kindly clarify Professional Tax is calculated on Basic Salary or
It is calculated on Basic + HRA+ Other Benefits.
Rgds
Priya

Dear Priya,
I am in Bangalore, UNDER THE KARNATAKA TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1976 & RULES, 1976 we have slab rate in their gross pay

With Warm Regards
T. Vignesh

Dear Priya,
I am in Bangalore, UNDER THE KARNATAKA TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1976 & RULES, 1976 we have slab rate in their gross pay
PT FEE STRUCTURE FOR EMPLOYEE EVERY MONTH
NOT LESS THAN Rs 3000/- BUT LESS THAN Rs 5000/- PM Rs 30/- PM
NOT LESS THAN Rs 5000/- BUT LESS THAN Rs 8000/- PM Rs 60/- PM
NOT LESS THAN Ras 8000/- BUT LESS THAN Ras 10000/- PM Rs 100/- PM
NOT LESS THAN Ras 10000/- BUT LESS THAN Ras 15000/- PM Rs 150/- PM
Rs 15000/- AND ABOVE Ras 200/- PM
THIS SHALL BE PAID BEFORE 20 THE OF EVERY MONTH.
With Warm Regards
T. Vignesh

Hello All,
The Professional Tax slbs in Maharashtra for F.Y.2006-07 & 2007-08
1). Below Rs. 2,500/- Nil
2). Rs.2,500/- and above and less than Rs.3,500/- Rs.60/- per month
3). Rs.3,500 and above but less than Rs.5,000/- Rs.120/- per month
4). Rs.5,000/- and above but less than Rs.10,000/- Rs.175/- per month
5). Rs.10,000/- and above Rs.2,500/- per Annum as Professional Tax
(Rs.200/- per all other months but Rs.300/-
for March)
Interest Rate for Late Payment 1.25% on basic Tax amount
Panelty Rs.300/- per annum per return.
Last date for filling Return 31st May every year.
All this slabs are on monthly income

Hai,
Now upto 5000/- Exempted from Profissional Tax at AP from Jan/08
( Separate GO copy is readily available). Hope this same slab is applicable all over the place.......
Muralidhar

In India, the State Governments are authorized to charge and collect professional tax on any income earned by an individual. Professional tax is deducted on account of the said provisions and thus varies from state to state.
For e.g. it is deducted
In Tamil Nadu –@ Rs. 1620 per annum
In Karnataka -@ Rs. 2400 per annum
In Andhra Pradesh -@ Rs. 2400 per annum
In Maharahstra -@ Rs. 2500 per annum

hi everybody,
I am working in Ahmedabad as HR Manager with an FMCG Co.Can anyone tell me what is the Prevailing prof.tax rates in Gujarat.
Secondlly is Prof.Tax applicable on monthly incentives ?
Regards,
Jay

what is the interest rate for late quarterly filing & Annual filing return of Professional tax in karnataka financial year 2009-10

Venkataram S
Please guide me how to calculate professional tax?and Overtime allowance and EPF shall consider calculation of Professional tax?

Hi Everyone,
Please anyone clarify my doubt..
In karnataka PTcutoff is 15000/-
01. If the person monthly salary is 15100/- - He is Applicable for PT and the same person draws the net amount below 15000/- due to absent what is the PT - Weather it is applicable or not.
02. if the same person absent for 29 days in a month then his salary is only 503/- then wat is the PT rate weather we should deduct PT in his salary or not..
Kindly any one help me out from this.