No Tags Found!


Professional Tax Deduction Reminder

We would like to reiterate that it is the responsibility of the principal employer to deduct the professional tax contribution amount from employees for the first half-year period ending 2013-14 in Tamil Nadu. The remittance of payment should be made on or before 15th September 2013 to the respective Corporations/Municipalities.

If you would like to know more about the Profession Tax slab rate and other details, please feel free to contact us at [Email Removed For Privacy Reasons]. You can also refer to the attachment for more details.

Regards

From India, Chennai
Attached Files (Download Requires Membership)
File Type: pdf Profession Tax.pdf (51.2 KB, 1455 views)

Acknowledge(0)
Amend(0)

I think that in your attachment, what you mentioned about the remittance period is incorrect. It should only be September to February; there is no need to mention April to September and October to March. Let me clarify why this period is mentioned.
From India, Mumbai
Acknowledge(0)
Amend(0)

The two half-yearly PT remittance periods are correct, i.e., April to September - 1st half-yearly period and October to March - 2nd half-yearly period. Please understand that the remittance of the 1st half-yearly period should occur on or before the 15th of September. This means that the profession tax should be deducted in the month of August from the employee, considering the employee's earnings in the month of September for calculation (as per slab).

The same process should occur for the 2nd half-yearly period as well. However, in this case, you will need to deduct the PT in the month of January. Since you will deduct the PT in January, you must consider the employee's earnings for February and March for calculation (as per slab).

We hope this is clear now.

From India, Chennai
Acknowledge(0)
Amend(0)

CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.







Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.