Hello, Everyone,
Please help me out to get this confusion solved. Its about Professional Tax Deduction. Is Ptax deducted on Stipend?
We have few Trainees in our organization, they are getting stipend. Kindly reply.... If Ptax is deductable? If so, kindly confirm the rate. We are based out of West Bengal & under shop & establishment Act ( WB)
Waiting for your valuable reply
Thanks & Regards,
Sangeeta
Kolkata
From India, Calcutta
3Please help me out to get this confusion solved. Its about Professional Tax Deduction. Is Ptax deducted on Stipend?
We have few Trainees in our organization, they are getting stipend. Kindly reply.... If Ptax is deductable? If so, kindly confirm the rate. We are based out of West Bengal & under shop & establishment Act ( WB)
Waiting for your valuable reply
Thanks & Regards,
Sangeeta
Kolkata
From India, Calcutta
Dear Sangeeta
As per the Tamil Nadu Tax on Professions, Trades, Callings and Employments Act 1992
"Employee" means a person employed on salary and includes,
1) a Government servant receiving pay from the revenue of the Central Government or any State Government;
2) a person in the service of a body whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where, such body operates within the municipal limit even though its headquarters may be outside the municipal limit; and
3) a person engaged in any employment by an employer not covered by sub-clauses (i) and (ii);
As per the definition, it should be understood that trainees also comes under the jurisdiction and is liable to be taxed. For the rates please check the website - Welcome to Corporation of Chennai
Regards
Arun
From India, Kochi
As per the Tamil Nadu Tax on Professions, Trades, Callings and Employments Act 1992
"Employee" means a person employed on salary and includes,
1) a Government servant receiving pay from the revenue of the Central Government or any State Government;
2) a person in the service of a body whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where, such body operates within the municipal limit even though its headquarters may be outside the municipal limit; and
3) a person engaged in any employment by an employer not covered by sub-clauses (i) and (ii);
As per the definition, it should be understood that trainees also comes under the jurisdiction and is liable to be taxed. For the rates please check the website - Welcome to Corporation of Chennai
Regards
Arun
From India, Kochi
We do not deduct any amount from stipend. No PF nor Professional tax. A fixed amount everymonth is paid as stipend. Only their leaves (if LOP) are deducted.
From India, Bangalore
From India, Bangalore
Dear All,
Thanks for your Reply. I need one more help from members.
Kindly let me know, how the P Tax is deducted if an employee has worked for only 20Days. Is the deduction is on the Full salary amount or only the amount earned by the employee.
Kindly Reply...
Thanks,
Sangeeta
From India, Calcutta
Thanks for your Reply. I need one more help from members.
Kindly let me know, how the P Tax is deducted if an employee has worked for only 20Days. Is the deduction is on the Full salary amount or only the amount earned by the employee.
Kindly Reply...
Thanks,
Sangeeta
From India, Calcutta
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