Professional tax applicability in chennai
Webb3 maj 2024 · Different states have different laws on professional tax i.e. rates and methods of collection. The maximum amount of Professional Tax that can be imposed by any state in India is INR 2500/-. In India, not all states impose professional tax. Some of the States have made available online mode of payment of professional tax. WebbHello, in this post, we will discuss about the Labour Welfare Fund.We will cover the following topics: Latest update:-As per Karnataka Labour Welfare Act, it is madatory for factory, plantations, workshops, motor, ominibus services and shops and commercial establishment/ ITBT firms more than 50 employees, charitable trust, registered societies …
Professional tax applicability in chennai
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Webb14 apr. 2024 · Professional Tax Applicability. Professional Tax is applicable for the below-mentioned individuals and entities: Companies; Firms; LLPs; Corporation; Societies; HUF; … WebbProfessional Tax Profession Tax Calculator Total no. of employees Enrollment amount (Employer’s contribution) Establishment amount (Employees contribution) Total tax to …
Webb11 apr. 2024 · Under Article 276 of the Indian Constitution, the state governments are empowered to decide the rate for the professional tax in the state. The maximum amount that can be charged under this tax regime is Rs. 2500. In a few states, this tax is even levied on the basis of source of income. WebbHere is a step-by-step guide for making online payment of professional tax in Chennai: Step 1 - Visit the official website of Greater Chennai Corporation. Step 2 - Click on 'Online …
Webb29 okt. 2024 · Professional Tax in Tamil Nadu for New Businesses. There are some key rules and regulations one has to follow pertaining to professional tax in Tamil Nadu. The … WebbThe Tamil Nadu Tax on Professions, Trades, Callings and Employment Act,(commonly know as Profession Tax Act) came into force with the object of levying tax on …
Webb8 maj 2024 · State wise Professional Tax Slabs & Rates For The Financial Year 2024-21. Professional Tax is a State subject and the tax is levied by the respective State. ... etc as per applicability. 0. Reply. Pitambar patra. 5 years ago. if worker more then 3 day absent then professional tax is decuted or not. 0. Reply. Author.
WebbThis Tax is levied based on slab rates depending on the Income of the Individual. This Tax is just like Income Tax except for the fact that Income Tax is collected by the Central Govt and Professional Tax is collected by the State Government. When this tax was first introduced in India, the maximum limit on the tax to be collected was Rs. 250. thoughtful presents for himWebbThe Best Company Registration, GST, ROC Filing Consultants. roc filing applicability in Chennai, Karaikudi, and Coimbatore. Skip to content. Call:+91-72999-72500 [email protected]. Menu. Home; Company ... Whether you need an Indian company or one based in a foreign country, Our Tax Professionals will provide you with the services … thoughtful promo codeWebbHow to update the Professional Tax (PT) remittance details? Is professional tax (PT) mandatory? Who all are exempted from paying the Professional Tax (PT)? What are the … under her by samantha towleWebb4 nov. 2009 · Dear Friends, Professional tax is not applicable at Chhattisgarh for salaried person. ... so please clarify professional tax applicability. 19th April 2024 From India. praveen446. 129. 6. ... Professional tax applicable in tamilnadu and chennai, ... thoughtful presents for wifeWebb9(1)(vii) of the Income-tax Act, 1961 (the Act) since no services in the nature of consultancy, technical or managerial have been provided to the taxpayer. Further, such remittance is not taxable in India under the relevant tax treaties. The Tribunal also held that the tax is not required to be deducted on reimbursement of various expenditure in thoughtful presents for mumWebb10 apr. 2024 · Income Tax Slabs & Rates for Financial Year 2024-22. State Governments are free to decide on the Professional Tax Slabs & Structure, within the cap of Rs 2,500/-. Individuals may claim deduction on the amount paid towards professional tax in accordance with Income Tax Act, 1961. Professional Tax is deducted by the employer … under heaven\u0027s shining stars by jean graingerWebb5 juli 2024 · Types the trade licences issued by the Chennai corporation. The select corporation has six types of licences, depending on the nature of one trade: Calendar 1: Micro cottage industries; Schedule 2: Industries manufacturing and dealing with commercial items; Schedule 3: Shops dealing with commercial products (small scale) thoughtful presents for dad