Webb19 sep. 2016 · Professional Tax or PT is a type of tax which is applicable on salaried individuals, Individuals who are practicing professionals such as doctors, lawyers and chartered accountants. PT is applicable state-wise and is commonly applicable for both government and non-government employees. Professional tax slab in West Bengal for … Webb9 apr. 2024 · Professional tax is levied through predetermined tax slabs and is paid on a monthly Basis. Some of the states which currently impose a professional tax in India are …
THE WEST BENGAL Profession TAX ON
Webb25 nov. 2012 · Professional Tax Calculation In Excell - XLS Download. [email protected]. 1. 1. Dear all, Now P.Tax is Rs.1 to 9,999 is zero, 10,000 to 14,999 -Rs.150, 15000- above Rs.200 Then how can i calculate in excel sheet? 25th November 2012 From India, Bangalore. Add Reply → Start New →. WebbProf Tax is specified for an income range and each range is called as a slab. Each slab has a particular value of Profession Tax. Not all states have Profession Tax. Some of the … protected workspace dell
Professional Tax - Meaning, Slab Rates and Applicability
Webb13 apr. 2024 · An employee may get a gratuity from their employer that exceeds Rs.10 lakh; in this case, the tax exemption will be determined according to the criteria outlined above under taxation. In the recent Interim Budget of 2024, interim finance minister, Mr. Piyush Goyal announced that the existing tax-free gratuity limit will be increased to Rs.30 lakh. WebbProfessional Tax is a tax levied on professions and trades in India. It is a state-level tax and must be compulsorily paid by every staff member employed in private companies. The business owner is responsible for deducting professional Tax from his employees’ salaries and can then pay the amount collected to the appropriate government department. WebbPT or Prof Tax refers to a tax levied by the state government on working professionals. This is a nominal tax based on the income of the employee. Prof Tax is specified for an income range and each range is called as a slab. Each slab has a particular value of Profession Tax. Not all states have Profession Tax. protected worksheet forgot password