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
From India, Visakhapatnam
The Individual has to pay Professional tax in one company is it sufficient or pay in two companies
From India, Visakhapatnam
From India, Visakhapatnam
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
From India, Hyderabad
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
From India, Mumbai
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
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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