prabu1984
6

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
p ramachandran
63

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
prabu1984
6

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
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