An Individual working as Directer in company and the same individual working as an employee in another company then how to calculate the professional tax in Andhra Pradesh
From India, Visakhapatnam
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1From India, Visakhapatnam
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The Individual has to pay Professional tax in one company is it sufficient or pay in two companies
From India, Visakhapatnam
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From India, Visakhapatnam
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When an employee worked for two companies in a month due relieving and joining in new company, what is the procedure and who is responsible to pay for that month.
From India, Hyderabad
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From India, Hyderabad
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The provision is that PT is payable if employed during the month. Accordingly, the liability would arise subject to drawing wages in excess of the minimum limit
From India, Mumbai
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From India, Mumbai
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The individual appointed as a nominated director in a private limited company is currently working as an Accounts & Finance Executive of the sister concern of the former. Both companies are located in Andhra Pradesh.
Professional tax amounts to Rs.2500 for a director of the company. For employees earning up to Rs.15000, no professional tax is applicable; however, for earnings above Rs.20,000, the professional tax is Rs.200 per month.
If an individual is working as a director in two companies within the same state, there is no need to pay professional tax in both companies; it is sufficient to pay in one company. However, in the situation described, there are different statuses - one as a director and the other as an employee. How should this be handled?
From India, Visakhapatnam
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Professional tax amounts to Rs.2500 for a director of the company. For employees earning up to Rs.15000, no professional tax is applicable; however, for earnings above Rs.20,000, the professional tax is Rs.200 per month.
If an individual is working as a director in two companies within the same state, there is no need to pay professional tax in both companies; it is sufficient to pay in one company. However, in the situation described, there are different statuses - one as a director and the other as an employee. How should this be handled?
From India, Visakhapatnam
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