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can anyone describe how to calculate PT. on salary.
From India, Delhi
Hi Nitin ,
P T Calculated on Gross Salary below is the slab for maharashtra state
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

From India, Pune
Professional Tax varies from state to state, usually its slab. Please let us know the state of profession so as to advice Saji
From India, Ahmadabad
Rs 0 to Rs 5000 = 0 Rs 5000 to Rs 6000=60 Rs 6000 to Rs 10000=80 Rs 10000 to Rs 15000=100 Rs 15000 to Rs 20000=150 Above Rs 20000 is 200. Dats it dude.............
From India, Hyderabad
Rs. 5001 or more, but less than Rs.6001- Rs.40 per month-1000
Rs. 6001 or more, but less than Rs.7001- Rs.45 per month-1000
Rs. 7001 or more but less than 8001 - Rs.50 per month-1000
Rs. 8001 or more but less than 9001 - Rs.90 per month-1000
Rs. 9001 or more but less than 15001 - Rs.110 permonth-6000
Rs.15001 or more but less than 25001- Rs.130per month-10000
Rs.25001 or more but less than 40001- Rs.150 per month-15000
Rs. 40001 and above - Rs. 200 per Month

From India, Calcutta
Gujarat State Rs.0 to Rs. 2999 = 0 Rs. 3000 to 5999 = 20 Rs. 6000 to 8999 = 80 Rs. 9000 to 11999 = 150 Rs. 12000 and above (no limit) = 200 tks & regards, Vinayak Patel Baroda
From India, Vadodara
Dear all,

Professional Tax in Kerala

Every employer in Kerala is required to pay professional tax of their employees and his establishment to the Panchayath, Municipalities and corporation. Professional tax in Panchayath is governed by Kerala Panchayath Raj (Professional Tax) Rules ,1966 and professional tax in municipality and corporation is governed by Kerala Municipalities (professional tax) rules, 2005.

SCHEDULE

(See rule 3)

(Rates of Profession Tax in force is appended below) from Nov.2010

Sl.No------------ Half Yearly Income------------- Half Yearly Tax

1---------- Rs 12000 to Rs 17999---------- Rs 120

2---------- Rs 18000 to Rs 29999---------- Rs 180

3---------- Rs 30000 to Rs 44999---------- Rs 300

4---------- Rs 50000 to Rs 59999---------- Rs 450

5---------- Rs 60000 to Rs 74999---------- Rs 600

6---------- Rs 75000 to Rs 99999---------- Rs 750

7---------- Rs 100000 to Rs 124999------- Rs 1000

8---------- Rs 125000 and above----------- Rs 1250


Note:- (i) The slab is for a period of 06 Months.

Eg: If gross salary is 20,000/- per month then PT will be deducted Rs.1000/- in six months [either in proportionate or in lumpsum]. (20,000X6=120000 which is coming under the slab 1Lac to 1,24,999/-)

(ii) For the first Half of April to September the tax is to be paid on or before 30th September and for the second half of October to March the tax payment date is on or before 31 March.

From India, Kochi
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