hi ,
anyone from maharashtra please answer .....
1. is it true that, PhD students getting stipends/ scholarships has to pay professional tax of Rs.2500pa,under maharashtra professional tax act ?
thanks.
caps (x) 06 September 2011
hi ,
anyone from maharashtra please answer .....
1. is it true that, PhD students getting stipends/ scholarships has to pay professional tax of Rs.2500pa,under maharashtra professional tax act ?
thanks.
Sadashiv Rupchand Gaikwad (Partner) 10 September 2011
Scholarship and stipend not atracts at Profession Tax
sandeep gangwar (AUDITOR) 06 January 2012
In
Income |
Tax to be imposed |
upto ` 2500 |
Nil |
From ` 2500 to ` 3500 |
` 60 |
From ` 3500 to ` 5000 |
` 120 |
From ` 5000 to ` 10000 |
` 175 |
More than ` 10000 |
` 200 |