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SANJAY DIXIT (Advocate)     15 February 2008

Professional Tax

What is Professional Tax?

Whether it is applicable in State of U.P.?

Some one pls throw a light on "Professional Tax".

Thanking in advance.



Learning

 15 Replies

SANJAY DIXIT (Advocate)     16 February 2008

pls anyone describe the professional/profession tax.its urgent....

Sowmya Pillai (HR Executive)     18 February 2008

Hi Sanjay, Professional tax or employment tax is a state-based tax. It is allowed as a deduction from the gross income before computing the tax. Salary or wage earners whose salary or wage or both, as the case may be, for a month is,- (a) not less than Rs.3,000 but less than Rs.5,000 - Rs.30 per month (b) not less than Rs.5,000 but less than Rs.8,000 - Rs.60 per month (c) not less than Rs.8,000 but less than Rs.10,000 - Rs.100 per month (d) not less than Rs.10,000 but less than Rs.15,000 - Rs.150 per month (e) Rs.15,000 and above - Rs.200 per month You can go thro' the below link for more details : https://ctax.kar.nic.in/proftax.pdf. Hope this will help u.. :) Cheers, Sowmya

Vishwanath tripathi (Advocate)     20 February 2008

Thanks Sowmya for information.

SANJAY DIXIT (Advocate)     21 February 2008

Dear Sowmya, Thanks alot for the information and link. It will help me agreat.

Sowmya Pillai (HR Executive)     21 February 2008

Hi Sanjay, Already there is a post in this forum for PT for all the states... It will be more useful 4 u i think.. chk this link : https://www.lawyersclubindia.com/share_files/files_display.asp?files_id=310 Cheers, Sowmya

SANJAY DIXIT (Advocate)     21 February 2008

Thanks again.Really a great help. Regards.............Sanjay Dixit.

PB Muralidhar (n/a)     13 March 2008

Hai, Presently Andhra Pradesh Govt exempted Professional Tax Upto 5,000/- w.e.f. Jan/2008 . GO also released on this exemption. Regards Muralidhar PB #9966026423

T.GOPALA KRISHNA (MANAGER - COMMERCIAL)     19 March 2008

Hi Muralidharan
can u provide GO no. please.

dev (software programmer)     09 May 2008

professional tax is diferent for different states.plz specify ur state for maharashtra it is Professional Tax for different salary range. 0- 2500=0 2500-3500=60 3500-5500=120 5500-10000=175 10000 & above=200 (Annually Rs 2500/- Per Month 200 and for the month of feb its 300)

Advocate Pankaj Kumar Sharma (Direct Taxes ( Income Tax & Wealth Tax) Consultants alongwith Service Tax including Tax Planning)     07 June 2008

What is Profssonal Tax ?  Profssonal Tax deals with privilege to practice a particular profession.


Coverage  It is covered under entry No. 60 of constitution of India.


No Transfer  It can  not be transfer to the customer/clients as in case of service Tax.


Payment  It has to be paid whether a professional  actually has given a professional service  or not.


State Based  It isSubject to state.


Validity  It is constitutionally valid.

Anil Agrawal (Retired)     10 January 2009

 Does a private limited company and its directors required to pay profession tax?

A V Vishal (Advocate)     26 January 2009

Dear Agarwal, the answer to your query is YES

Anil Agrawal (Retired)     22 August 2009

What is the position of a cooperative housing society? Does it require to pay profession tax? If not, is registration mandatory as otherwise how will it pay profession tax on behalf of its employees like manager, electricians, liftmen, watchmen, sweeper, pumpman etc.?

Anil Agrawal (Retired)     22 August 2009

Up to what period arrears of profession tax can be recovered?


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