Muzammil Hussain (Student) 03 December 2016

Basic questions for proprietorship startup

Have few basic questions for Proprietorship Startup.

1- is it mandatory for us to deduct TDS on all payments? including employees?

2- Do we also need to deduct Professional Tax on employee salaries?

3- What other complainces needs to be taken care for Proprietorship companies which are mandatory?

Also any state/city specific rules to follow?

adv.bharat @ PUNE (Lawyer) 07 December 2016

1) YES

2)Yes

3) Yes

No specific rules for city or any other area. It si uniform thorugh out the state.

Will u appreciate this answer by giving like on my LCI profile?