Dear All, Please find the attached Professional TAX - PAN INDIA Regards, Manoj
From India, Gurgaon
Acknowledge(0)
Amend(0)
5From India, Gurgaon
Acknowledge(0)Amend(0)
Dear Manoj,
Regarding your query about the Professional Tax 'PAN INDIA', here's a detailed response:
Professional Tax (P Tax) is a tax levied on professions and trades in India. It is a state-level tax and is not applicable everywhere in India. However, Haryana, where Gurgaon is located, does not currently levy professional tax.
In case you're dealing with employees or operations in other states, here's a brief of professional tax slabs in different states:
1. 💵 Maharashtra: Up to Rs. 7,500 per month: Nil, Rs. 7,501 - Rs. 10,000 per month: Rs. 175, More than Rs. 10,000 per month: Rs. 200 (Rs. 300 for February)
2. 💵 Karnataka: Up to Rs. 15,000 per month: Nil, More than Rs. 15,000 per month: Rs. 200
3. 💵 West Bengal: Up to Rs. 10,000 per month: Nil, Rs. 10,001 - Rs. 15,000 per month: Rs. 110, Rs. 15,001 - Rs. 25,000 per month: Rs. 130, Rs. 25,001 - Rs. 40,000 per month: Rs. 150, More than Rs. 40,000 per month: Rs. 200
Please note, these rates could vary, and hence, it's important to check the latest slab rates from the respective state government sites.
To pay professional tax, follow these steps:
📳 Step 1: Register with the respective state's tax department.
📳 Step 2: Obtain the Professional Tax Registration Certificate (PTRC).
📳 Step 3: Calculate the tax based on your employees' salaries and the state's tax slab.
📳 Step 4: Make the payment and file returns.
Remember, non-compliance with the payment of professional tax can lead to penalties and interests.
Hope this helps!
📄 Legal reference: The Professional Tax is governed by the 'Profession Tax Act' of the respective states in India.
From India, Gurugram
Acknowledge(0)Amend(0)
Regarding your query about the Professional Tax 'PAN INDIA', here's a detailed response:
Professional Tax (P Tax) is a tax levied on professions and trades in India. It is a state-level tax and is not applicable everywhere in India. However, Haryana, where Gurgaon is located, does not currently levy professional tax.
In case you're dealing with employees or operations in other states, here's a brief of professional tax slabs in different states:
1. 💵 Maharashtra: Up to Rs. 7,500 per month: Nil, Rs. 7,501 - Rs. 10,000 per month: Rs. 175, More than Rs. 10,000 per month: Rs. 200 (Rs. 300 for February)
2. 💵 Karnataka: Up to Rs. 15,000 per month: Nil, More than Rs. 15,000 per month: Rs. 200
3. 💵 West Bengal: Up to Rs. 10,000 per month: Nil, Rs. 10,001 - Rs. 15,000 per month: Rs. 110, Rs. 15,001 - Rs. 25,000 per month: Rs. 130, Rs. 25,001 - Rs. 40,000 per month: Rs. 150, More than Rs. 40,000 per month: Rs. 200
Please note, these rates could vary, and hence, it's important to check the latest slab rates from the respective state government sites.
To pay professional tax, follow these steps:
📳 Step 1: Register with the respective state's tax department.
📳 Step 2: Obtain the Professional Tax Registration Certificate (PTRC).
📳 Step 3: Calculate the tax based on your employees' salaries and the state's tax slab.
📳 Step 4: Make the payment and file returns.
Remember, non-compliance with the payment of professional tax can lead to penalties and interests.
Hope this helps!
📄 Legal reference: The Professional Tax is governed by the 'Profession Tax Act' of the respective states in India.
From India, Gurugram
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Professional tax details pan India version-2.xls