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DivyaE
Dear Mr.Kannan,
Thanks for the valuable information.. still i have a doubt..our company got registration from ROC on Oct. 18th. But we have started working from mid of Sept. month ... then how we calculate P.T.? from sept. or Oct. onwards? Employer side P.T. is paid on Sept. month itself (in Cochin, employer also has to pay P.T.).
I am joined on mid of Sept. and i have got part salary for that month. Then how that months salary will consider for tax liability?
Regards,
Divya

From India, Kochi
kannanmv
256

Dear Divya,
If the earnings for the employees do not qualify for payment of Profession tax then forget it. However, if the employee has earned for September, atleast Rs.12000/- he has to remit Rs.120/- as Profession tax in the first slab.
M.V.KANNAN

From India, Madras
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