Hi
I want to know whether Profession Tax is charged on Overtime work, when considered as salary or not. But as per ACT, monthly salary, arrears & Bonus is considered for deduction.
Pls suggest me
Thanks,
sree
Sreedevi Damodaran (Accounts Executive) (75 Points)
18 July 2008Hi
I want to know whether Profession Tax is charged on Overtime work, when considered as salary or not. But as per ACT, monthly salary, arrears & Bonus is considered for deduction.
Pls suggest me
Thanks,
sree
yogesh dave
(service)
(376 Points)
Replied 19 July 2008
PT is always charged on Gross Salary, hence, overtime is part of salary, it will be charged.