Hii..
there is 5 members are getting salary more than15000/- ( including directors) in my company. is it necessary to register under PT. Total no of employees in company is 15 members. ( recently registered under ESIC)
pls give me suggestion.
Every employer in specific states is required to deduct taxes from salary when paid to one or more employees when payment made exceeds Rs 5000(this limit is for Maharashtra)
and deposit with state government. That entity is required to obtain registration certificate
Prasad , Your company is required to be registered under PT Act
CAclubindia
