WebJul 16, 2024 · The circular requires them to pay an annual professional tax of not more than P300, or the rate provided under a duly enacted local ordinance, subject to adjustment not exceeding 10 percent every ... WebEvery salaried individual, working and earning a monthly income, is liable to pay a certain part of his/her earnings to the respective state governments in the form of professional tax. This tax, often referred to as P tax, is reflected in an individual’s salary slip as well. An employer directly deducts this tax amount from an employee’s ...
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WebMay 25, 2024 · The professional tax is determined by the gross monthly income corresponding to the income slab, as per the state where you are employed. So, if your gross income every month is Rs. 30,000 and you are working in Maharashtra, you are liable to pay Rs. 200 every month except February. You will be required to pay Rs. 300 only in February. WebDec 15, 2024 · 1,559 4 mins. Professional tax, like income tax, is levied on the money made through trade or occupation, except that it is levied by the State government. While professional tax rates are much lower than the income tax, it is essential to register and pay them duly. The various state governments in India levy a tax on income earned via trade ... WebVisit Website . work Institutsgebäude Grimmaische Straße 12 04109 Leipzig. Phone: work +49 341 97-33500 Fax: fax +49 341 97 311 33500 Dean Prof. Johannes Ringel . Vice-Dean Prof. Dr. Martin Friedrich Quaas . Vice-Dean Prof. Dr. Rainer Alt braava mop pads