Professional tax in maharashtra
This query is : Resolved
28 February 2014
Salary of a person Rs.10,000/- he also received special allow. of Rs.200/- for the month we deducted the PT on salary Rs.175/-.
which is correct or not.
which is correct or not.
28 February 2014
No.
PT shall be 200 since the gross exceeds rs. 10000.
Salary or Wages includes pay, dearness allowance and all other remunerations including allowances received by any person on a regular basis whether payable in cash or kind and also includes perquisites and profits in lieu of salary as defined in Section 17 of the Income Tax Act, 1961 (No. 43 of 1961) but does not include bonus in any form and on any account, gratuity and pension]
PT shall be 200 since the gross exceeds rs. 10000.
Salary or Wages includes pay, dearness allowance and all other remunerations including allowances received by any person on a regular basis whether payable in cash or kind and also includes perquisites and profits in lieu of salary as defined in Section 17 of the Income Tax Act, 1961 (No. 43 of 1961) but does not include bonus in any form and on any account, gratuity and pension]
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28 February 2014
Thanks,
If any employee is appointed in the month of feb and his salary is more than rs.10,000/- than PT should be Rs.300/- or Rs.200/-
If any employee is appointed in the month of feb and his salary is more than rs.10,000/- than PT should be Rs.300/- or Rs.200/-
03 March 2014
for FEB only it is Rs. 300
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