Webb4 jan. 2024 · The Government of Madhya Pradesh has revised the Professional Tax slab rate payable by the employees employed in the private sector. The new rates will be applicable to w.e.f. 01-04-2024. . PT is deducted from the monthly salary of the employees in equal installments and deposited with the department using professional tax Webb26 nov. 2024 · No state, however, can impose a Professional Tax on any taxpayer over 2,500 INR. According to the Income Tax Act of 1961, Professional Tax payments can be deducted from taxable income. Professional Tax Applicability The following groups of people are subject to the profession tax applicability: Salaried Individual HUF (Hindu …
Professional Tax: Tax Slab Rates & Payment Procedure - Tax2win
Webb14 dec. 2024 · Documents Required to Register Tax Slab 2024-23 There are a few mandatory documents one must produce to register for professional tax: Office tax bill Owner ID proof Rental Agreement Two Passport size photo of owner LWF paid receipt Owner Tax bill & receipt Memorandum Of Association, Articles Of Association and … Webb15 feb. 2024 · Maximum Profession Tax Amount. A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under … god\u0027s neighbors watch online
Professional Tax for Jharkhand - Deskera Blog
WebbLegal practitioners, Solicitors, Notaries, Tax Consultants, Chartered Accountants, Technical and Professional Consultants, Engineers, RCC Consultants, Architects, Management … Webb1 juli 2024 · Schedule 2 Part C. Products taxable at 5%. Schedule 2 Part D. Products taxable at 14% (general rate) Schedule 2 Part E. List of goods taxable at special rates not exceeding 50% subject to the government’s discretion. Schedule 2 Part F. Any rate for any goods or class of goods as may be specified in this part taxable at 10% and 1%. Webb27 sep. 2024 · Professional Tax calculation varies from one state to another, and you must define the Professional Tax calculation rules applicable to the employees depending on … god\\u0027s names and meanings printable