Poonawalla fincorps
Poonawalla fincorps

Profession tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 May 2012 Whether there is any clause regarding PT that if salary withdrawn by the employee is more than 10 lakhs pa then PT should not be deducted? Is there any such exemption available?
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
13 May 2012 Profession Tax is a state levy. In Maharashtra there is no such exemption for person getting salary in excess of Rs 10 lakhs.

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