Professional tax for it employees
Webb29 mars 2024 · The employer is responsible to remit the professional tax payment amounts collected to the state exchequer using a professional tax online payment … Webb12 apr. 2024 · In Madhya Pradesh, Professional tax withheld by employers from employees must be submitted within ten days of the end of the month for which the …
Professional tax for it employees
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Webb3 juni 2024 · According to the Income Tax Act of 1961, Professional Tax payments can be deducted from taxable income. Professional Tax is deducted by the employer and paid …
Webb17 aug. 2024 · Professional tax is imposed by the state government via article 276 of the Constitution of India and varies from state to state; every state derives this right to impose pay professional tax on the professionals like doctors, CA, CS lawyers and others. However, the maximum ceiling to this is Rs 2500/- annually. WebbAlso, if you do it for anyone, then you are liable to pay the professional tax yourself. If you are a professional who does not work with an employer, you can pay your professional tax by registering for it by applying through a form. Once you receive the form, a registration number will be issued to the individual. Payment of the professional ...
WebbProfessional tax slabs – Employee salaries fall within different salary ranges or slabs, and the amount of professional tax to be paid depends on the salary range to which the … Webb18 nov. 2006 · Or is it only for the present employees who is working. And what is the penalty that has to be paid along with the professional tax. We were not aware of it and we received a notice to pay the Professional tax recently. If present employees are working for a period more than 3 years, What is the penalty that has to be paid for those employees ...
WebbProfessional Tax is deducted from salaried employees' wages and sent to the government by the employer. Professional and salaried individuals in Tamil Nadu pay a professional tax based on their gross income. It is deducted from every employee's salary once a …
Webb22 feb. 2024 · Professional tax is governed by the state government and is imposed only on individuals who earn income through practising their profession. People like doctors, … payday hcm.myisolvedWebbThe term ‘professional tax’ is one of those phrases whose meaning is not entirely conveyed. The name might suggest that it is the tax that is levied on professionals only, … screw fitting machineWebb23 juli 2014 · Professional Tax - Maharashtra ... In the context of the years 2012-2013 & 2013-2014, the Maharashtra PTax calculation for employees with Income above Rs.10,001/- will be as follows. Instead of calculating 2500/12=208.333 it should be calculated as follows. paydayhcm employee loginWebb6 maj 2024 · An employer is required to pay two types of professional tax, one is professional tax for his/her/its business known as PTEC and another is professional tax … payday graphicWebb29 mars 2024 · The employer is responsible to remit the professional tax payment amounts collected to the state exchequer using a professional tax online payment method. In the case of a company, its partners, directors, self-employed professionals, and owners of trading firms the tax may be fixed on the turnover basis or on a fixed amount of Rs … payday global money transferWebb13 sep. 2024 · Professional tax is a direct tax that applies to individuals earning an income by way of employment, practising their profession, or trading. A practicing professional … payday halloween memeWebbFör 1 dag sedan · All working and self-employed professionals whose monthly income is above Rs.1000 need to pay professional tax in Karnataka. Professional earning less than Rs.10000 need not pay any professional tax to the Karnataka Government. A maximum amount of Rs.2400 is payable as professional tax in Karnataka. screw fitting light fitting