If an employee is appointed with an salary exceeding Rs 10000 in June 2007 in the state of maharashtra (mumbai) then how much profession tax to be deducted for the month of February 2008? Rs 200 or Rs 300.?
Gautam Patel (CA and CWA) (146 Points)
11 June 2008If an employee is appointed with an salary exceeding Rs 10000 in June 2007 in the state of maharashtra (mumbai) then how much profession tax to be deducted for the month of February 2008? Rs 200 or Rs 300.?
Azmathullah Khan
(Accounts Manager)
(1386 Points)
Replied 11 June 2008
Different state have different rate of Prof. Tax, Please mention the state where u paying prof., tax.
I am belong to AP - The Andhra Pradesh rates are
upt0 Rs. 1500 - Nil
Rs. 1500 to Rs. 2000 Prof. tax is Rs. 16/-
Rs. 1601 to Rs. 3000 Prof. tax is Rs. 25/-
Rs. 3001 to Rs. 4000 Prof. tax is Rs. 35/-
Rs. 4001 to Rs. 5000 Prof. tax is Rs. 45/-
Rs. 5001 to Rs. 6000 Prof. tax is Rs. 60/-
Rs. 6001 to Rs. 10000 Prof. tax is Rs. 80/-
Rs. 10001 to Rs. 15000 Prof. tax is Rs. 100/-
Rs. 15001 to Rs. 20000 Prof. tax is Rs. 150/-
Above Rs. 20001/- Prof. Tax is Rs. 200/-
Similearly Gujrat, Banglore have different rate.
Jayant Tathe
(165 Points)
Replied 12 June 2008
Rs. 2500 in a year . Per month Rs. 200 except for the month it is to be required Rs. 300.00
Sanjay Kumar Shaw
(Service)
(21 Points)
Replied 15 June 2008
Rs. 3001 to Rs. 5000 Prof. tax is Rs. 30/-
Rs. 5001 to Rs. 6000 Prof. tax is Rs. 40/-
Rs. 6001 to Rs. 7000 Prof. tax is Rs. 45/-
Rs. 7001 to Rs. 8000 Prof. tax is Rs. 50/-
Rs. 8001 to Rs. 9000 Prof. tax is Rs. 90/-
Rs. 9001 to Rs. 10000 Prof. tax is Rs. 110/-
Above Rs. 150001/- Prof. Tax is Rs. 130/-
This rates is applicable in West Bengal
Avni Rachh
(articled assistant)
(32 Points)
Replied 05 December 2008
if an employee is appointed in the month of Jan 08 in Mumbai (Maharashtra) whose salary is more than than 25000 how much profession tax is to be deducted
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 09 December 2008
Where can we show professional tax deductions in ITR2