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?
From India, Chennai
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From India, Chennai
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Professional tax shall be levied on the gross salary. As per 4 days salary, whatever the gross comes it should be processed.
From India, Pune
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2From India, Pune
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