Hi Frnds, Does anybody know the slabs for P.Tax in Delhi & i would also like to know how to calculate P.Tax in CTC, Gross or Net Sal. If possible send me slab & calculation in my personal id i.e I'm waiting for ur response frnds.......... Regards, Som
From India, Mumbai
From India, Mumbai
Hi, Soma The Professional Tax calculated on employee's earned gross salary per month. The tax applicable as per the state rules of the Act. The following are the A.P states's Professional Tax slabs. Salaries or wages Rate of Tax p.m Up to Rs.1500 Nil Rs.1501 to 2000 16/- Rs.2001 to 3000 25/- Rs.3001 to 4000 35/- Rs.4001 to 5000 45/- Rs.5001 to 6000 60/- Rs.6001 to 10000 80/- Rs.10001 to 15000 100/- Rs.15001 to 20000 150/- Above Rs.20000 200/- Regards, Ramakrishna
From India, Madras
From India, Madras
Thanks Mr. Ramakrishnan for sending me a P.Tax Slab for A. P state, But I want Delhi & ncr's slab yaar. Frnds, if any body know then my humble request to every body pls. send me asap as i required very urgently & also let me know how to calculate P.Tax Thanks, Som
From India, Mumbai
From India, Mumbai
Hai Somabiswas Professional Tax applicable in Tamilnadu Professional Tax will be calculated on Gross Salary only. The SLAB in Tamilnadu This statement show the Half yearly period. 1. Upto 21000 - Nil 2. From Rs 21001 to Rs 30000 - Rs 75 3. From Rs 30,001 to Rs 45,000 - Rs 188 4. From 45,001 to Rs 60,000 - Rs 390 5. From 60,001 to Rs 75,000 - Rs 585 6. Salary above 75,001 - Rs 810 Regards Parthasarathy R 08.03.2007.
Delhi's Tax Slabs: The Indian capital has its own professional tax structure has been categorized under various heads like professional tax for corporate professionals, non-corporate professionals, corporate contractors, non-corporate contractor. The professional tax rate of the corporate professionals has been declared as 11.33% whereas the corporate contractors are required are levied 2.26% of their income towards their professional tax. The deductions for the non-corporate professionals have been adjusted at 10.30% of their incomes but that of the non-corporate contractors have been decided at 2.06% of their incomes. The professional tax slabs in terms of various income groups in Delhi, have been structured as follows: Income Percentage of Professional Tax Less than Rs.1,10,000 Nil Between Rs.1,10,000-Rs.1,45,000 Nil Between Rs.1,45,000-Rs.1,50,000 10 % Between Rs.1,50,000-Rs.1,95,000 20 % Between Rs.1,95,000-Rs.2,50,000 20 % Beyond Rs.2,50,000 30 % Delhi has also formulated a different professional tax slab for people with income beyond Rs. 10,00,000. Such income groups are required to pay 10 % of their income as surcharge also. The professional tax structure in Delhi has been formulated to include an education cess also. The education cess is calculated by aggregating the amount of tax as well as the amount of surcharge and then 2% of the aggregate is deducted as the education cess. The professional tax structure for partnership companies includes surcharge at the rate of 10% of the profits. Partnership companies are required to pay 2% of their profits as education cess. The calculation of education cess for the companies also requires the aggregation of the income tax and the surcharge initially and then deducting 2% of the aggregate for education cess. The professional tax rate for the partnership firms has been decided at 30% of the profit and the effective rate of tax of these firms is 33.66 %.
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