Professional tax for it employees
Webb28 apr. 2024 · The maximum amount to be paid as professional tax is Rs.2500. The amount is, however, depending on the gross income of the professional. If you obtain professional tax registration in Kolkata every month … Webb29 okt. 2024 · The professional tax amount has to be deducted from the salary of the employee In the case there are 20-plus employees, the payment must be made within …
Professional tax for it employees
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WebbIn West Bengal, professional tax is a tax imposed on the income received by any trade and submitted by the employer. Every year, a tax on professions, trades, callings, and employment must be paid to the state or municipal government in the amount of Rs.2500. The professional tax is similar to income tax, but it is administered by the state ... Webb13 mars 2024 · How much is a professional tax in Tamil Nadu? Ans. The professional tax payable depends on your income. For instance, if you are earning Rs 21,000 to Rs 30,000, …
WebbProfessional Tax Rate or P. tax Slab rates in West Bengal for FY 2024-23 is mentioned in West Bengal Professional Tax Schedule specifying the rate at which the professional tax will be paid. 1. Employer - It is required to deduct P. Tax from Salary or Wages at the rate mentioned below. Monthly Gross Salary. (P. Tax Amount) Up to Rs. 10,000/-. Nil. Webb29 mars 2024 · The employer is responsible to remit the professional tax payment amounts collected to the state exchequer using a professional tax online payment method. In the case of a company, its partners, directors, self-employed professionals, and owners of trading firms the tax may be fixed on the turnover basis or on a fixed amount of Rs …
Webb13 sep. 2024 · Professional tax is a direct tax that applies to individuals earning an income by way of employment, practising their profession, or trading. A practicing professional … WebbAccording to the Kerala Municipality Amendment Act, 2015, self-employed individuals with a half-yearly earning of ₹ 12,000 or above must pay P tax in Kerala. Self-employed individuals can make payments directly or through the respective local authorities appointed to do the same. How to Make Online Payment for Professional Tax in Kerala?
Webb21 sep. 2024 · Introduced in 1949, professional tax is a direct tax deducted from earning individuals’ salary or wages by the employer. Just like in any other deductions, such as …
Webb18 nov. 2006 · Or is it only for the present employees who is working. And what is the penalty that has to be paid along with the professional tax. We were not aware of it and we received a notice to pay the Professional tax recently. If present employees are working for a period more than 3 years, What is the penalty that has to be paid for those employees ... should rental equipment be taxedWebbFör 1 dag sedan · All working and self-employed professionals whose monthly income is above Rs.1000 need to pay professional tax in Karnataka. Professional earning less than Rs.10000 need not pay any professional tax to the Karnataka Government. A maximum amount of Rs.2400 is payable as professional tax in Karnataka. should remove toilet to install vinylWebb14 apr. 2024 · Many government relations professionals travel regularly for work — lobbying in statehouses, attending conferences, or visiting colleagues to collaborate in person. But few people realize that when you cross state lines for work, it can have major tax implications for both the employee and the employer. States require employers to … sbi contra fund regular growth navWebb30 apr. 2024 · Professional tax is a tax that is imposed over the professionals, businessmen, freelancers, employees on the basis of their Income. People with more … should renew life probiotics be refrigeratedWebbEmployer Login; Enrolment Login New Enrolment. Previous Next. Click here For Professional Tax Dash Board Contents owned and maintained by Commercial Taxes … should rental be included in w4should renters clean eavestroughsWebb6 maj 2024 · An employer is required to pay two types of professional tax, one is professional tax for his/her/its business known as PTEC and another is professional tax … sbi contra fund investment