Profession Tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 February 2010 Can anyone tell me what are the new slabs of profession tax?
whether PVT co & its directors are also required to pay PT.? If yes then please tell the amount.

w8ng for reply.

Rahul Gupta

Rahul Gupta (Expert)
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12 February 2010 Professional Tax is levied by States. Please specify the state and then we will try to provide the rates of that state.

Regards

Querist : Anonymous

Querist : Anonymous (Querist)

12 February 2010 sorry i forgot to mention that....Maharashtra.

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Rahul Gupta

Rahul Gupta (Expert)
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13 February 2010 For details on new slabs of profession check the following link >

http://www.taxguru.in/mvat/new-profession-tax-rates-after-mahrashtra-government-budget.html

Yes Pvt. Co. and Directors are also required to pay PT.

For Companies registered under the Companies Act, 1956 and engaged in any profession, trade or calling. - Rs 2,500 p.a

Directors (other than those nominated by Government) of Companies registered under the Companies Act, 1956, - Rs 2500 p.a

Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2010 Many thanks to you.....