anybody know about the slab on which...professional tax is calculated as we know only the maximum limit of it is 2500/- but on wot basis it is calulated and whr to pay this tax?
VIKAS R AGRAWAL
(STUDENT)
(57 Points)
Replied 30 December 2008
PROFESSIONAL TAX IS PAID ACCORDING TO ONES INCOME AND IT IS DIFFERENT FOR DIFFERENT STATE .THERE ARE SLABS FOR PT . SO FOR WHICH STATE YOU WANT ?
bhumika
(Studying)
(73 Points)
Replied 02 January 2009
Originally posted by :VIKAS R AGRAWAL | ||
" | PROFESSIONAL TAX IS PAID ACCORDING TO ONES INCOME AND IT IS DIFFERENT FOR DIFFERENT STATE .THERE ARE SLABS FOR PT . SO FOR WHICH STATE YOU WANT ? | " |
My state is gujrat
VIKAS R AGRAWAL
(STUDENT)
(57 Points)
Replied 04 January 2009
HI ,
PROFESSIONAL TAX RATES FOR GUJRAT ARE AS FOLLOWS
RS 3,000 - RS 5,999 = RS 20,
RS 6,000 - RS 8,999 = RS 80
RS 9,000 - RS 11,999 = RS 150
RS 12,000 above = RS 200
THIS IS FOR MONTHLY INCOME . AND RS 2,500 IS MAXIMUM LIMIT . RS 200 X 12 = RS 2,400 BUT FOR FEBRUARY IT IS RS 300 SO IT IS RS 2,500 .
AS I THINK YOU ARE FROM GUJRAT I WANT TO KNOW WHAT ARE THE APPLICABILITY FOR VAT AUDIT ?
bhumika
(Studying)
(73 Points)
Replied 09 January 2009
Originally posted by :VIKAS R AGRAWAL | ||
" |
Here rate of Vat is 12% normaly and 3% additional; Vat HI , |
" |
VIKAS R AGRAWAL
(STUDENT)
(57 Points)
Replied 11 January 2009
I WANT TO KNOW WHEN TAX AUDIT IS APPLICABLE ?
M. R. VAKALIYA
(Accountant)
(67 Points)
Replied 17 September 2009
PROFESSIONAL TAX FOR GUJARAT
PROFESSIONAL TAX ON EMPLOYEE (RECOVER FROM MONTHLY SALARY)
USE FORM 5 FOR PAYMENT. AVAILABLE AT AHMEDABAD MUNI.CORP'S WEBSITE
CHEQUE TO BE PAID ON OR BEFORE 15TH OF FOLLOWING MONTH FROM WHEN YOU HAVE DEDUCTED TAX.
CHEQUE SHOULD BE IN FAVOUR OF " MUNICIPLE COMMISSIONER AHMEDABAD" OR " AHMEDABAD MUNICIPLE CORPORATION "
TAX RATES SLAB ARE AS UNDER (FIGURES ARE IN RS.)
1. 0 TO 2999 NIL
2. 3000 TO 5999 20
3. 6000 TO 8999 80
4. 9000 TO 11999 150
5. 12000 & ABOVE 200
TAX WILL BE COLLECTED FROM EMPLOYEE ON PROPORTIONATE BASIS OF SALARY PAID FOR EXAMPLE: IF EMPLOYEE SALARY IS RS. 12000 BUT HE GETS RS. 6000 SALARY IN ANY PERTICULAR MONTH (FOR ANY REASON) THEN TAX WILL BE CHARGED RS. 80 AND NOT RS. 200
PROFESSIONAL TAX ON EMPLOYER
PROFESSIONAL TAX FOR COMPANY SHOULD BE PAID ON OR BEFORE 30TH SEPT, THE AMOUNT IS RS. 2000 PER YEAR. THERE IS NO PAYMENT FORM TO BE FLLED. ONLY CHEQUE HAS TO BE ISSUED IN FAVOUR OF " MUNICIPLE COMMISSIONER AHMEDABAD" OR " AHMEDABAD MUNICIPLE CORPORATION "
Poornima N Ramakrishna
(Finance Manager)
(66 Points)
Replied 07 April 2010
Hi,
I heard the slabs for PT deduction have changed effective 2009.. is it true.. what is the changed slab.. where can I download the challan for PT payment for Karnataka state and how is the interest calculated if PT is not paid in time?
Thanks for the help,
poornima
CA PARTH SHAH
(In Practice)
(1951 Points)
Replied 22 April 2012
is there any threshod limit for number of employees in firm to be eligible for deduction of professional tax?If there is only one employee then also professional tax is to be deducted?
kunal
(article)
(22 Points)
Replied 24 September 2012
i am having 5 employees with salary greater than 3000 .
have i to deposit their professional tax
Krushik
(Accountant )
(67 Points)
Replied 09 April 2015
For CHeque Payment of Profetional Tax
Kindly guide me name on which cheque have to drown
rajuobalesh
(accounts executive)
(22 Points)
Replied 05 May 2018
how to pay proffessional tax(karnataka) in cheque please explained
sankar
(STUDENT)
(34 Points)
Replied 25 August 2021
Sir it's applicable to andhrapradesh professional tax for the same also could u plss guide u mention is proportionate basis so any actual salary but getting lower than actual so it's not applicable is it correct sir
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India