Dear Sir,
I m starting sole proprietorship business of tours and travels. presently i alone will be operating a business. Do i need to apply for or pay professional tax? please advise me rules of professional tax.
Thank you
Alpesh
10 Replies
Parihar Gopal
(Corporate Taxation )
(392 Points)
Replied 12 July 2012
Please mention place of ur business & state because professinal tax is state levied tax
Parihar Gopal
(Corporate Taxation )
(392 Points)
Replied 12 July 2012
|
What are the rates at which tax is to be deducted. |
Tax rate varies depending upon monthly salary/ wage of an employee. The rates of tax are- Slab(Rs.) Rate of Tax (per month)
|
|
Is there any threshold minimum number of employees prescribed for liability under the Act? |
No. Even if an employer has employed one employee, he is liable under this Act. |
Attached File : 287512 1013872 professiontaxemployers gujrat.doc downloaded: 217 times
parth
(ca)
(26 Points)
Replied 12 July 2012
AS I AM STAYING IN MAHARASHTRA, SO WHAT IS THE PROFESSION TAX?
IS PROFESISON TAX APPLICABLE IN MAHARASHTRA ?
THANKS...
gbalakrishnan
(owner)
(1373 Points)
Replied 12 July 2012
go to the internet portal of relevant state you will get details correctly pls. today you have websites of every tax authority of every state make use of it, profesinal advice on such elementary things need not be taken as there are websites proptly answer and correctly pls!
Balram Choudhary
(Sr. Accountant)
(112 Points)
Replied 12 July 2012
| Professional Tax of Employees for the Month of April 2012 | ||
| Nil | Rs. 5,000 and Below | Rs.5000 |
| Rs.5001 | Rs. 5,001 or more, but less than Rs.6,001 | Rs.6001 |
| Rs.6001 | Rs. 6,001 or more, but less than Rs.7,001 | Rs.7001 |
| Rs.7001 | Rs. 7,001 or more, but less than Rs.8,001 | Rs.8001 |
| Rs.8001 | Rs. 8,001 or more, but less than Rs.9,001 | Rs.9001 |
| Rs.9001 | Rs. 9,001 or more, but less than Rs.15,001 | Rs.15001 |
| Rs.15001 | Rs. 15,001 or more, but less than Rs.25,001 | Rs.25001 |
| Rs.25001 | Rs. 25,001 or more, but less than Rs.40,001 | Rs.40001 |
| Rs.40001 | Rs. 40,001 and above | |
| Interest | ||
| TOTAL | ||
sadashiv Rupchand Gaikwad
(Proprietor)
(521 Points)
Replied 14 July 2012
For maharashtra profession tax always visit: www.mahavat.gov.in
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