professional tax on salary
This query is : Resolved
03 July 2009
Respected Sir,
Pl guide me, that we are A leading manufacturer in Led Light Torch, we issuing the salary to the sales represenatative as per details below:
e.g. Person A:
Basic 10000
DA 200 * DAYS
HALTING 400 * DAYS
MOBILE ALLOWANCE
TRAVELLING ALLOWANCE
Pl guide me that, is it necessary to issue the form no 16A, and cutting of professional tax.
Thanking you,
Yours Sincerely,
V S konkati
Pl guide me, that we are A leading manufacturer in Led Light Torch, we issuing the salary to the sales represenatative as per details below:
e.g. Person A:
Basic 10000
DA 200 * DAYS
HALTING 400 * DAYS
MOBILE ALLOWANCE
TRAVELLING ALLOWANCE
Pl guide me that, is it necessary to issue the form no 16A, and cutting of professional tax.
Thanking you,
Yours Sincerely,
V S konkati
03 July 2009
Form 16 is to be issued in case the Income exceeds the Basic Exemption Limit.
Professional tax is to be deducted in salary exceeds Rs.5000/- as follows:
5000 - 10,000 - Rs.175/- p.m
10,001 and above- Rs. 200/- p.m and 300/- in the month of february making it total of 2500/- a year.
Professional tax is to be deducted in salary exceeds Rs.5000/- as follows:
5000 - 10,000 - Rs.175/- p.m
10,001 and above- Rs. 200/- p.m and 300/- in the month of february making it total of 2500/- a year.
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