Web29 mrt. 2024 · The rate of professional tax varies from state to state and is usually calculated based on the income of the individual or organization. Some states also have … WebWhat is the Professional Income Tax Limit? The professional tax was introduced in 1949. At that time, the limit for this tax was set at Rs.250. However, in 1988, the limit was increased by Rs.2500. The exact liability, however, depends on the employee’s income slab and state of employment.

Professional Tax Rate, Calculation & More Online Course Details

WebIn case of any delay in depositing this tax in West Bengal Government, Interest at 1% pm would be levied. A penalty of 50% of the total amount due may also be levied by the … WebThe professional tax rates are based on the income slabs set by the State Government. The total amount of the professional tax paid during the year is allowed as a deduction under the Income Tax Act. In this article, we look at the Chhattisgarh Professional Tax in detail. Chhattisgarh Professional Tax Rules hughes street wallaroo

Department of Commercial Taxes - Jharkhand

WebProfessional Tax Rate or P. tax Slab rates in West Bengal for FY 2024-23 is mentioned in West Bengal Professional Tax Schedule specifying the rate at which the professional … WebProfessional tax is a tax on all kinds of professions, trades, and employment and levied based on the income of such profession, trade and employment. ... Professional tax … WebWhat is Jharkhand Professional Tax Act? Profession tax is a State Government tax levied on an individual or body acquiring income via trades, callings, professions, and … hughes styles group