Easy Office
LCI Learning

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

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query