Professional tax rates in maharashtra

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Webb31 mars 2024 · Here is the revised Maharashtra Profession tax slab rate : Sr No. Class of Persons. Rate of Tax per month. 1. A) Salary & wages earners whose monthly salaries or … Webb2 nov. 2024 · The major advantage of the professional tax payment is that it is allowable as deduction under Section 16 of the Income Tax Act. The following are the rates for the …

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Webb66 rader · Compliance under Maharashtra State Tax on Professions, Traders Callings … WebbProfessional Rates: Salary (INR) PT Amount: Remarks: Upto 7500 ₹ 0.00: Nil: Between 7501 To 10000 ₹ 175.00: Nil for Women: Above 10001 ₹ 200.00: Above 10001 ₹ 300.00 オリコweb明細

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Webb3 juni 2024 · According to the Income Tax Act of 1961, Professional Tax payments can be deducted from taxable income. Professional Tax is deducted by the employer and paid to the State Government’s responsible department for salaried personnel. To pay the Professional Tax, self-employed individuals must obtain a ‘Certificate of Enrolment’ from … Webb13 apr. 2024 · In Maharashtra, salaried people, self-employed, and businesses must pay Profession Tax on their earnings. The state government sets the rates for Profession Tax slabs, with a maximum of Rs. 2500 per year. If you are a salaried employee, the Profession Tax will be deducted automatically from your pay, and the employer will pay the total tax. WebbTax professional with over 16 years of experience (4 years of industry experience in an in-house role) in advising clients on complex tax and regulatory matters and assisting in tax compliance and litigation. Industries: Diverse industry experience - Financial services, technology and e-commerce, telecom, hospitality, consumer and … オリコweb明細申し込み

Maharashtra Professional Tax Slab Rate, Latest News

Professional Tax - What is Professional Tax, Rates, …

Webb10 maj 2024 · The Professional tax slab rates in Maharashtra for MAles are as follows: Professional Tax rate in Manipur Manipur levies the Professional tax at Rs. 208 for 11 months and Rs. 212 for the last month. Professional Tax rate in Meghalaya Webb27 apr. 2024 · The rate of professional tax in Maharashtra would be different from that of Tamil Nadu. But the maximum amount that can be deducted as professional tax is Rs.2500 per year. Documents Required For Professional Tax. Incorporation Certificate. Load more. Documents Required for Company Registration 13. partiwall checklistWebb13 sep. 2024 · Professional tax is a tax that is levied by a state government on all individuals who earn a living through employment. ... What is Professional Tax? Meaning, Rates, and Applicability September 13, 2024 8 Mins Read. ... Maharashtra: Monthly: Up to INR 7,500: Nil: Between Rs 7,501 to Rs 10,000: INR 175 (Nil for women) オリコ webクレジット審査落ち

"Webb6 dec. 2024 · Professional Tax Rates in Maharashtra – The professional tax rates in maharashtra for salaried employees in the state for various financial years is provided in this article. The state of Maharashtra has passed an Act known as the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 with the purpose to … " - Professional tax rates in maharashtra

Professional tax rates in maharashtra

Maharashtra Professional Tax Limit Increased - IndiaFilings

WebbMaharashtra: 10,000 and above: 200 (300 for February) Odisha: 20,000 and above: 200: Chhattisgarh: 25,000 and above: 200: Madhya Pradesh: 15,000 and above: 212: ... Non-payment or delay in payment of professional tax results in interest rate by the government. Hence, it is advisable to calculate the taxes and get prepared in advance in order to ... Webb9 maj 2013 · In the month of March 2013 the PTax will calculated as 200.In the Form16 Summary of the Payslip the aggregate amount of Professional Tax for the entire year will be reflected back as as 2500 instead which is correct.. Related Notes: The related SAP Notes for Maharashtra PTax. 1727550. HINCPTX0:Slab range not visible on PTax form …

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Webb16 apr. 2024 · PTRC 31 JULY EXTENDED MAHARASHTRA. Update as on 1 May 2024. As per circular no. 06 T of 2024 dated 30/04/2024 the government has waived off the late fees for the financial year 2024-20 provided the employer:. Pays the PTRC liability as per return and should have been paid the same before filing the return and Webb11 mars 2024 · Currently, employed women must pay professional tax if their monthly wage exceeds Rs. 10,000. It is recommended that this threshold be raised to Rs. 25,000 in order to provide women more purchasing power. Simply stated, women are exempt from profession tax if their wages are up to 25,000.

WebbProfessional tax is a direct tax that is deducted from your gross salary by your employer. This tax is levied by the state government and thus can vary depending on the state you live in. The maximum limit of which you can be charged is Rs 2500. The tax is calculated based on the slabs. Each state can have different salary slab rates for the ... Webb13 feb. 2024 · Women who earn Salary up to Rs. 10,000/- per month are exempted from paying Professional Tax Rs. 200/- per month however in the month of February Rs. 300/- …

WebbRates of Goods under GST / (3.25 MB) 5 : Rates of services under GST / (1.47 MB) 6 : RATE SCHEDULES UNDER THE LUXURY TAX ACT,1987 / (114.62 KB) 7 : Rate Schedule under the MAHARASHTRA VALUE ADDED TAX (MVAT) ACT - 2002, Up to 30.06.2024. / (708.57 KB) 8 : The Maharashtra Tax On Entry Of Motor Vehicles into Local Areas Act,1987 WebbProfessional Tax is a tax levied on the income earned by salaried employees and professionals, including chartered accountants, doctors and lawyers, etc. to the state …

WebbWe recommend that you double-click into each of these state-wise links for more detailed information, including slab rates. Professional Tax Slabs ... Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Act, 2024. 06 Apr, 2024.

WebbIn this video, you will learn how to Profession Tax Registration, E-Payment PTRC & PTEC under Maharashtra professional tax 1975.. #MyHRLesson#PTAXFor downloa... partizan ammunitionWebbProfessional Tax Maharashtra - Fines and Penalties An employer will be charged a penalty of Rs. 5 per day for each day of not obtaining professional tax registration. Late filing of professional tax return will attract a penalty of Rs. 1,000. A penalty of 10% will apply in case of late payment of professional tax dues. partivildeWebbThose entities are having a tax liability of less than Rs. 1,00000 in the previous year are required to file a tax return annually on or before the 31st of March. Maharashtra Professional Tax Rate Notification No. PFT-2024/C.R.8/Taxation-3 is reproduced below for reference: Page 1 / 3 Zoom 100% Person Responsible to Deduct Professional Tax partiviWebbProfessional Tax Slab Rates In Maharashtra for FY 2024-23 +91 98300 17363 [email protected] Contact Student Forgot Password Create Account Thank you for visiting … partivWebbAccording to the Maharashtra State Tax on Professions, Trades, Callings and Employment Act, 1976, profession tax is levied on all forms of individuals, irrespective of being salaried or non-salaried individuals. Even corporate entities … partizan alba uzivoWebbProfessional Tax Rate or P. tax Slab rates in West Bengal for FY 2024-23 is mentioned in West Bengal Professional Tax Schedule specifying the rate at which the professional tax will be paid. 1. Employer - It is required to deduct P. Tax from Salary or Wages at the rate mentioned below. Monthly Gross Salary. (P. Tax Amount) Up to Rs. 10,000/-. Nil. part iva taxWebbThe state of Maharashtra government notified the bill of Maharashtra tax on Professional, Trade, Calling and Employment (Amendment), 2024 on 20th March 2024 to Maharashtra Tax on Profession, Trade, Callings and Employments Act, 1975 (XVI of 1975). Which comes into effect from the date of 1st April 2024. オリコ wiki