Dear Senior,
Ours is a FMCG organisation based on Chennai.
I need your humble advice in Professional Tax – Recovery pertaining to Tamilnadu.
As you all well aware in Most of the States PT was deducted Monthly basis and when it comes to Tamilnadu its once in 6 Months.
Now my Employees are feeling that a huge sum is deducted from their salary as PT when it comes to half yearly basis.
Need Clarifications on the below mentioned points:
1) Can we deduct the PT in Monthly Basis like other states and Pay the same once in 6 Months.
2) Is their any process to get approval from the Corporation of Chennai for the same.
3) Please refer any Company/Industry in Chennai or Tamilnadu get exemptions to deduct PT in Monthly basis.
Thanks in advance
Prabu
From India, Tiruchchirappalli
6Ours is a FMCG organisation based on Chennai.
I need your humble advice in Professional Tax – Recovery pertaining to Tamilnadu.
As you all well aware in Most of the States PT was deducted Monthly basis and when it comes to Tamilnadu its once in 6 Months.
Now my Employees are feeling that a huge sum is deducted from their salary as PT when it comes to half yearly basis.
Need Clarifications on the below mentioned points:
1) Can we deduct the PT in Monthly Basis like other states and Pay the same once in 6 Months.
2) Is their any process to get approval from the Corporation of Chennai for the same.
3) Please refer any Company/Industry in Chennai or Tamilnadu get exemptions to deduct PT in Monthly basis.
Thanks in advance
Prabu
From India, Tiruchchirappalli
You can deduct ptax from employees on monthly basis but the difficulty is keeping accounts for that. Who will keep the accounts - accounts dept. of HR Dept.?
There is no need of getting prior permission from the corporation authorities.
From India, Madras
There is no need of getting prior permission from the corporation authorities.
From India, Madras
Dear Ramachandran,
Thanks for your replay,
As for as I think PT is a statutory deduction like PF, ESI and IT, we have no rights to keep the deducted amount in our Company Accounts. It may have some statutory problems.
I don’t want to face ant statutory problems, also I like to help my staffs.
Please give me some more legal inputs for the same.
Prabu
From India, Tiruchchirappalli
Thanks for your replay,
As for as I think PT is a statutory deduction like PF, ESI and IT, we have no rights to keep the deducted amount in our Company Accounts. It may have some statutory problems.
I don’t want to face ant statutory problems, also I like to help my staffs.
Please give me some more legal inputs for the same.
Prabu
From India, Tiruchchirappalli
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