Please confirm the salary components on which P-tax deduction will be applicable.
Salary Components | Nature | Consider in P-tax Gross Salary Yes/No
- Base Salary | Part of Fixed Pay |
- Base Salary Arrears | Part of Fixed Pay - Arrears |
- House Rent Allowance | Part of Fixed Pay |
- HRA Arrears | Part of Fixed Pay - Arrears |
- Employee Referral | One time |
- Gratuity | One time |
- Sales Incentive | One time |
- Leave Encashment | One time |
- LTIP | One time |
- Management Allowance | Part of Fixed Pay |
- Management Allowance Arrears | Part of Fixed Pay - Arrears |
- Ex Gratia Payment | One time |
- Variable Pay | One time |
- Notice Pay | One time |
- Joining Bonus | One time |
- Statutory Bonus Monthly | Part of Fixed Pay |
- Retro stat bonus monthly | Part of Fixed Pay - Arrears |
- Night Shift Allowance | One time |
- Relocation Allowance | One time |
- Rewards And Recognition | One time |
From India, undefined
Acknowledge(0)
Amend(0)
Salary Components | Nature | Consider in P-tax Gross Salary Yes/No
- Base Salary | Part of Fixed Pay |
- Base Salary Arrears | Part of Fixed Pay - Arrears |
- House Rent Allowance | Part of Fixed Pay |
- HRA Arrears | Part of Fixed Pay - Arrears |
- Employee Referral | One time |
- Gratuity | One time |
- Sales Incentive | One time |
- Leave Encashment | One time |
- LTIP | One time |
- Management Allowance | Part of Fixed Pay |
- Management Allowance Arrears | Part of Fixed Pay - Arrears |
- Ex Gratia Payment | One time |
- Variable Pay | One time |
- Notice Pay | One time |
- Joining Bonus | One time |
- Statutory Bonus Monthly | Part of Fixed Pay |
- Retro stat bonus monthly | Part of Fixed Pay - Arrears |
- Night Shift Allowance | One time |
- Relocation Allowance | One time |
- Rewards And Recognition | One time |
From India, undefined
Acknowledge(0)Amend(0)
Pl.refer the attachment for general info. Any specific doubts you have to refer the PT Act of your respective state.
From India, Bangalore
Acknowledge(0)Amend(0)
1273From India, Bangalore
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 hyderabad.doc
Professional Tax.zip
Professional Tax 01-Apr-2009.pdf