Professional tax slab in tamilnadu 2022-23

  1. Professional Tax in Tamil Nadu
  2. Professional Tax Slab FY 23
  3. Professional Tax Tamil Nadu: Tax Slab, Payment, Applicability, Login, Due Date, Exemption
  4. Professional Tax Slab Rates In Different States


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Professional Tax in Tamil Nadu

The Tamil Nadu Professional Tax Rules, 1999 Applicability A person or employer by whom tax is payable under this Act Exemption Not Applicable Registration Form Registration Process Online List Of Documents For Registration Memorandum Of Association & Incorporation Certificate Articles Of Association PAN Card Lease Agreement Shops and Establishment Registration Certificate / Trade License Copy Website Professional Rates Salary (INR) PT Amount Remarks Upto 21000 ₹ Nil Between 21001 To 30000 ₹ 135.00 Between 30001 To 45000 ₹ 315.00 Between 45001 To 60000 ₹ 690.00 Between 60001 To 75000 ₹ 1025.00 Above 75001 ₹ 1250.00 Filing Of Returns Task Last Date Of Filing Returns Form Payment Of Enrollment Tax Every 6 month(s) starting on last day of September

Professional Tax Slab FY 23

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Professional Tax in India - Tax Slab FY 23 - 24 & FAQs Updated on June 11, 2023 , 230406 views Clause (2) of Article 276 of the Constitution of India provides the right to the State Government for levy and collection of professional tax or tax on the profession. Professional tax is levied through predetermined tax slabs and is paid on a monthly Although the tax is levied depending upon the How to Calculate Professional Tax? Individuals can calculate their Professional For the illustration purpose, we have taken Andhra Pradesh for the Professional Tax rates- • Gross income up to INR 15, • For INR 15,001 to INR 20,000, it is INR 150 per month • For INR 20,001 and above, it is INR 200 per month Professional Tax Exemption Clauses The exemptions for the Professional tax are: • Parent or guardian of a physically challenged or mentally retarded child • A person suffering 40 percent or more of permanent physical disability or blindness • An assessee has completed 65 years of age. For the state of Karnataka, it is 60 years *Note- The above provisions can vary in different states.* State-wise Professional Tax Slab FY 23 - 24 Here's is the list of Professional Tax Slab for different states- Professional Tax Slab in Maharashtra Monthly salary Tax per month Up to INR 7,500 for men NIL Up to INR 10,000 for women NIL From INR 7,500 to INR 10,000 INR 175 INR 10,000 and above INR 200 (INR 300/- for the month of February) P...

Professional Tax Tamil Nadu: Tax Slab, Payment, Applicability, Login, Due Date, Exemption

As of now, 17 Indian states levy professional tax on employed or self-employed individuals, and Tamil Nadu is also one of them. Professional tax in Tamil Naduis one of the state's major revenue sources. It applies not only to employees but also to individuals associated with all types of trades, professions, and employment. So, if you want to learn the basics of professional tax, you have come to the right place. Professional Tax in Tamil Nadu, The professional tax payable in Tamil Nadu depends on the income of professionals and salaried individuals. If you are an employee, it will get deducted from your salary every month. However, when it involves company directors, individual partners, partnerships, businesses, and self-employed directors, it will get deducted from the company's previous year's gross turnover. According to Article 276 of the Indian Constitution, the total amount due for professional tax must not exceed Rs 2500. Tamil Nadu Professional Tax Rule Professional tax in Tamil Nadu is levied under the Tamil Nadu Panchayats, Municipalities and Municipal Corporations Rules, 1998. This rule came into effect on October 01, 1998, and is applicable to all towns, panchayats, municipalities and municipal corporations in the state. In Tamil Nadu, businesses and individuals associated with any profession, trade, calling, or employment are subject to professional tax. Professional Tax Applicability in Tamil Nadu According to Section 138C of Tamil Nadu Municipal Laws Secon...

Professional Tax Slab Rates In Different States

In this post, we will be discussing the professional tax slab rates for different states. Also, we have discussed the penalties charged in case of any delay in the payment according to different states. Professional Tax in India is collected by State government themselves. In several other states which have active Panchayats, local bodies themselves levy and collect this tax. As the states have been empowered to levy and collect this tax, different states levy Professional tax as per different slab rates. The Professional Tax for some major states in India are as follows: • Professional tax slab in Andhra Pradesh and Telangana • Professional tax slab in Assam • Professional tax slab in Bihar • Professional tax slab in New Delhi • Professional tax slab in Goa • Professional tax slab in Gujarat • Professional tax slab in Jharkhand • Professional tax slab in Karnataka • Professional tax slab in Kerala • Professional tax slab in Madhya Pradesh • Professional tax slab in Maharashtra • Professional tax slab in Manipur • Professional tax slab in Meghalaya • Professional tax slab in Odisha • Professional tax slab in Punjab [Introduced in 2018] • Professional tax slab in Puducherry • Professional tax slab in Sikkim • Professional tax slab in Tamil Nadu • Professional tax slab in Tripura • Professional tax slab in West Bengal Professional tax in Andhra Pradesh and Telangana Professional tax in Andhra Pradesh is levied under the Andhra Pradesh Tax on Professions, Trades, Callings and...