Professional tax

This query is : Resolved

neeraja (Querist)
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01 July 2008
what is the amount (rate)of profeesional tax on company and directors.
If the directors are NON RESIDENT INDIANS,
is the proferssional tax on directors should be deducted in india.What are the factors to be considered for the above ?

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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01 July 2008 Check up the law of the local bodies concerned.

CA Rajesh S

CA Rajesh S (Expert)
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02 July 2008 PT is a state subject, you need to mention which state the co is registered.

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neeraja

neeraja (Querist)
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02 July 2008 company is registered in hyderabad.

chetan soni

chetan soni (Expert)
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02 July 2008 H Y D E R A B A D - A P
SLAB RATE REMARKS
0 to 1500 Rs. 0
1501 to 2000 Rs. 16
2001 to 3000 Rs. 25
3001 to 4000 Rs. 35
4001 to 5000 Rs. 45
5001 to 6000 Rs. 60
6001 to 10000 Rs. 80
10001 to 15000 Rs. 100
15001 to 20000 Rs. 150
20001 to Above Rs. 200

This is slab rate for AP state.