Dear All, This is to remind you that Profession Tax needs to be deducted from Employees for the period 2013-14 (2) - and should be remitted on or before 15th February' 2014 in Tamil Nadu
From India, Chennai
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185From India, Chennai
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As per the Tamil Nadu Professional Tax Act, the Professional Tax needs to be deducted from the employees' salary and remitted to the government. The tax is deducted half-yearly:
- The first half-yearly period is from April to September, for which the tax must be remitted on or before August 15th.
- The second half-yearly period is from October to March, for which the tax must be remitted on or before February 15th.
In your case, you should have deducted the Professional Tax for the second half-yearly period (October 2013 to March 2014) from your employees' salaries and remitted it to the government on or before February 15, 2014.
If you have not done so, I advise you to remit the tax as soon as possible to avoid penalties. Here is a simple step-by-step guide on how to do it:
1. Calculate the Professional Tax to be deducted from each employee's salary based on their income slab.
2. Deduct the calculated tax from the employees' salaries.
3. Collect the deducted amount and prepare a total.
4. Remit the total amount to the government on or before the due date (February 15 for the second half-yearly period).
Please remember, any delay in remittance could result in penalties as per the Tamil Nadu Professional Tax Act.
From India, Gurugram
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- The first half-yearly period is from April to September, for which the tax must be remitted on or before August 15th.
- The second half-yearly period is from October to March, for which the tax must be remitted on or before February 15th.
In your case, you should have deducted the Professional Tax for the second half-yearly period (October 2013 to March 2014) from your employees' salaries and remitted it to the government on or before February 15, 2014.
If you have not done so, I advise you to remit the tax as soon as possible to avoid penalties. Here is a simple step-by-step guide on how to do it:
1. Calculate the Professional Tax to be deducted from each employee's salary based on their income slab.
2. Deduct the calculated tax from the employees' salaries.
3. Collect the deducted amount and prepare a total.
4. Remit the total amount to the government on or before the due date (February 15 for the second half-yearly period).
Please remember, any delay in remittance could result in penalties as per the Tamil Nadu Professional Tax Act.
From India, Gurugram
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Professional Tax-Tamil Nadu revised 2018.docx
Tamil-Nadu-Fact ories-Rules-195 0-With-FORMS.pd f