Dear All, Can any one explain how the professional tax needs to be calculated and how it should be paid. I am new to this Forum can one help me out. Regards, Anbarasan.
From India, Chennai
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From India, Chennai
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Understanding Professional Tax
PT or Professional Tax refers to a tax levied by the state government on working professionals. This is a nominal tax based on the income of the employee.
Professional Tax is specified for an income range, and each range is called a slab. Each slab has a particular value of Professional Tax.
Not all states have Professional Tax. For more details on this, please visit the wiki: Professional Tax FAQs.
From India, Bangalore
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33PT or Professional Tax refers to a tax levied by the state government on working professionals. This is a nominal tax based on the income of the employee.
Professional Tax is specified for an income range, and each range is called a slab. Each slab has a particular value of Professional Tax.
Not all states have Professional Tax. For more details on this, please visit the wiki: Professional Tax FAQs.
From India, Bangalore
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Professional Tax Details
To be more specific on Professional Tax:
A) Employee means a person employed on salary and includes:
- A government servant receiving pay from the revenue of the Central Government or any State Government.
- A person in the service of a body, whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where such a body operates within the municipal limit even though its headquarters may be outside the municipal limit.
- A person engaged in any employment by an employer not covered by sub-clauses (i) and (ii).
B) Employer, in relation to an employee earning any salary on a regular basis, means the person or the officer who is responsible for the disbursement of such salary and includes the head of the office or any establishment as well as the Manager or Agent of the employer.
C) Half-year shall be from the 1st day of April to the 30th day of September and from the 1st day of October to the 31st day of March of a year.
D) Month means a calendar month.
E) Person means any person who is engaged actively or otherwise in any profession, trade, calling, or employment in the State of Tamil Nadu and includes a Hindu undivided family, firm, company, corporation or other corporate body, any society, club, body of persons or association, so engaged, but does not include any person employed on a casual basis.
F) Tax means the tax on profession, trade, calling, and employment levied under this Chapter.
Tax Slabs
Sl. No. | Six months income (Rs.) | New Tax (Rs)
---|---|---
1 | up to 21,000 | -
2 | 21,001 – 30,000 | 100
3 | 30,001 – 45,000 | 235
4 | 45,001 – 60,000 | 510
5 | 60,001 – 75,000 | 760
6 | 75,001 and above | 1095
The cheque should be in favor of The Revenue Officer, Corporation of Chennai.
Do let us know in case further clarifications are required.
Regards
From India, Bangalore
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To be more specific on Professional Tax:
A) Employee means a person employed on salary and includes:
- A government servant receiving pay from the revenue of the Central Government or any State Government.
- A person in the service of a body, whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where such a body operates within the municipal limit even though its headquarters may be outside the municipal limit.
- A person engaged in any employment by an employer not covered by sub-clauses (i) and (ii).
B) Employer, in relation to an employee earning any salary on a regular basis, means the person or the officer who is responsible for the disbursement of such salary and includes the head of the office or any establishment as well as the Manager or Agent of the employer.
C) Half-year shall be from the 1st day of April to the 30th day of September and from the 1st day of October to the 31st day of March of a year.
D) Month means a calendar month.
E) Person means any person who is engaged actively or otherwise in any profession, trade, calling, or employment in the State of Tamil Nadu and includes a Hindu undivided family, firm, company, corporation or other corporate body, any society, club, body of persons or association, so engaged, but does not include any person employed on a casual basis.
F) Tax means the tax on profession, trade, calling, and employment levied under this Chapter.
Tax Slabs
Sl. No. | Six months income (Rs.) | New Tax (Rs)
---|---|---
1 | up to 21,000 | -
2 | 21,001 – 30,000 | 100
3 | 30,001 – 45,000 | 235
4 | 45,001 – 60,000 | 510
5 | 60,001 – 75,000 | 760
6 | 75,001 and above | 1095
The cheque should be in favor of The Revenue Officer, Corporation of Chennai.
Do let us know in case further clarifications are required.
Regards
From India, Bangalore
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Thanks, Mr. Srinivasan,
Also, do we need to register for this on any government website or in any government offices to show the full details that these many employees are working for this salary, and these many employees are working for a salary less than 21,000/6 months?
Regards,
[Username]
From India, Chennai
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Also, do we need to register for this on any government website or in any government offices to show the full details that these many employees are working for this salary, and these many employees are working for a salary less than 21,000/6 months?
Regards,
[Username]
From India, Chennai
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