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Professional tax in feb month

Webb8 apr. 2024 · A salary slip is a document issued by an employer to an employee. It contains a detailed description of the employee’s salary components like HRA, LTA, Bonus paid etc and deductions for a specified time period, usually a month. Know more and download a sample of Salary Slip here. Webb5 mars 2007 · Prof tax can not be pro-rated, as it is not deducted on attendance basis. rather it is dependant purely on the gross salary for a given month. In Maharashtra, …

Salary: First Year Tax Professional (April, 2024) Glassdoor

Webb30 mars 2024 · Tax Compliance Calendar for FY 2024-24, covering important due dates for Income Tax Filing, GST (GSTR1, GSTR3B), TDS Payments, Preparation, and Filing, ROC, and general accounting from Apr 01st 2024 to Mar 31st 2024 with a primary focus on Individuals, Professionals, & SME Businesses. For previous year refer FY 2024-23 Tax … Webb13 okt. 2024 · Professional Tax calculation is based on a predetermined Professional Tax slab and on the basis of the salary or monthly income levels. It is usually around Rs 200 a month, with the maximum payable in a year being Rs 2,500. crucifier shirt https://joesprivatecoach.com

Professional Tax : Slab, Rates & Applicability in India

WebbAt 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. However, regardless of these two factors, professional tax for a month cannot exceed Rs.2500. Who Levies Professional Tax? WebbWhy is professional tax charged more in February? - Quora Answer (1 of 4): That’s because we follow an April to March financial year cycle. Webb23 feb. 2012 · 23 February 2012 I shall suggest that the amount of PT can be deducted for Rs.200 (highest slab) and remitted in the month of January as for all practical purposes the employee is resigned and final settlement done and there shall be only postponement in the actual date of payment. Previous Next build putt putt golf course

Professional Tax (P Tax) - Tax Rates, Applicability & Exemptions

Category:Professional Tax Slab in Maharashtra - Coverfox Insurance

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Professional tax in feb month

How To Calculate Of PT(Profession Tax) - CiteHR

Webb29 nov. 2024 · The Income Tax Act, 1961 allows professional tax paid by you as a deduction from your total salary income. So, you should take advantage of this provision and reduce your professional tax from your total salary income and save tax. For example, your total salary is Rs. 1,00,000 and you have paid Rs. 2500 as professional tax. Webb31 mars 2024 · In the case of tax liability of less than ₹50,000 in the previous year, the due date for payment of professional tax (PT) is 31 March. 2. In the case of tax liability of more than ₹50,000 per month, the due date is the last day of …

Professional tax in feb month

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Webb14 apr. 2024 · Mr. Verma files TDS return for the second quarter of 2024 – 2024 on April 4, 2024. TDS during the quarter amounted to Rs. 8,400. In this case the due date to file TDS return for the second quarter of 2024 – 2024 (July – September 2024) is October 31, 2024. WebbEmployer has to deduct on February month only: Filing Of Returns: Task: Last Date Of Filing Returns: Form: Annual Returns: Every year(s) on day 31 of March: Monthly Return: Every …

WebbFormerly a Teaching Assistant, Associate Director, and Freelance Accountant with over 20 years of professional accounting experience for small, private firms. Prepared at least 1,700 sets of ... Webb17 dec. 2024 · Companies with directors must register for a professional tax number. If a director is a full-time director or managing director, that director is regarded as an employee of the corporation, and the company must withhold Rs. 200 per month (Rs. 300 for the month of February) from each director’s compensation and pay that tax at the …

Webb27 juli 2016 · While remitting the tax, use appropriate tax challan and select the right assessment year (for tax year 2015-16, the assessment year 2016-17). Avoid claiming deductions/ exemptions twice WebbClick here For Professional Tax Dash Board Contents owned and maintained by Commercial Taxes Department, Govt. of Karnataka. IT Solution By National Informatics Centre, Bangalore.

WebbThe professional tax return has to be filed within 15 days of the expiry date of the previous month. A taxpayer can also apply for an annual return. However, it will be finalized by the tax authority. If there are below 20 employees in a company, the employer can file the return every year. The filing should be made within 15 days from the ...

Webb16 apr. 2024 · As per section 9 (2) of the PTRC act 1975, if an employer who is liable to pay PTRC under the act, fails to pay the same to the government then he is liable to pay simple interest at the rate of 1.25% each month for the period for which the tax remains unpaid. Late fees on late filing of return crucifix cross necklace for menWebbAssistant Auditor for Northern Electronics Limited with 8 months work experience. Successfully trained Mpesa Agent Assistant with 1 year … build putréfaction elden ringWebb22 apr. 2024 · The following is the summary for due date for making payment and filing return under PTRC from FY 2024-21 as per circular dated 6th June 2024 the limit has revised to Rs 1,00,000: Amount of PTRC liability for the FY 2024-21. Due Date and Type of Return. First Year of Registration. Monthly returns before last day of month. Less than … build putnam countyWebbIn 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 … build puttyWebb7 juli 2012 · Rs 0 to Rs 5000 = 0 Rs 5000 to Rs 10000 = 175 & Rs 10000 to above = 200 in Feb month deduct Rs 300 only one time in the year those are paying Rs 200 Dnyaneshwar 7th July 2012 From India, Pune [email protected] 733 3 Professional Tax varies from state to state, usually its slab. build pulse tube refrigeratorWebbI'm available for City, State and Country relocation. Over 20 years professional experience within Finance áreas I have developed myself … build push up strengthWebbCurrently works as the Financial Reporting Manager of Del Monte Philippines, Inc., leading the month-end closing process and preparation of periodic financial statements for internal and external use. Prior to being the FinRep Lead, she worked as the Tax Supervisor in the same company, handling statutory tax and PEZA filings. She has previously worked in … crucifix didn\u0027t work phasmophobia