Professional tax will be applicable on gross salary or take home salary? And what are the rates?
From India, Hyderabad
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2From India, Hyderabad
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Dear Friend,
Professional tax is deductible on the total earnings of the employee in that particular month. Please check the slab rates as per the applicability in your state. You can find more information at https://www.saralpaypack.com/blogs/p...ferent-states/.
Thank you.
From India, Mumbai
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Professional tax is deductible on the total earnings of the employee in that particular month. Please check the slab rates as per the applicability in your state. You can find more information at https://www.saralpaypack.com/blogs/p...ferent-states/.
Thank you.
From India, Mumbai
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Profession Tax is a state subject, and the slabs differ from state to state. It has nothing to do with Minimum Wages notification. Profession tax is levied on the total income of the employee or professional, and as such, his total income from various sources should be added up. In the case of employees, the employer can add up the gross salary earned for a period of six months (most of the states follow the practice of six-monthly remittance of Profession tax) plus bonus paid during this period for calculation of tax payable by each employee.
Regarding the website, paycheck, my sincere advice to Personnel/ HR Executives is that please do not rely only on a paycheck because the information provided may be incorrect. It is better to take the minimum wages notification from the concerned state Government's official website and work out DA. In the case of a state like Kerala where the DA changes very frequently unlike states like Tamil Nadu where the VDA is fixed for one year, there is no option other than getting the latest VDA from the Consumer Price Indices of different localities in Kerala.
From India, Kannur
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Regarding the website, paycheck, my sincere advice to Personnel/ HR Executives is that please do not rely only on a paycheck because the information provided may be incorrect. It is better to take the minimum wages notification from the concerned state Government's official website and work out DA. In the case of a state like Kerala where the DA changes very frequently unlike states like Tamil Nadu where the VDA is fixed for one year, there is no option other than getting the latest VDA from the Consumer Price Indices of different localities in Kerala.
From India, Kannur
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Dear Freiend, Professional Tax will be deducted on monthly earning of Employee and Professional Tax Slab will be differ stat to stat
From India
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From India
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Professional tax hyderabad.doc
Professional Tax.zip
Professional Tax 01-Apr-2009.pdf