Professional tax slab gujarat
WebbThe Gujarat State Tax on Professions, Trades, Callings and Employment Act, 1976 (commonly know as Profession Tax Act) came into force with the object of levying tax … Webb29 mars 2024 · The rate of professional tax varies from state to state and is usually calculated based on the income of the individual or organization. Some states also have a minimum threshold limit below which professional tax is not applicable. State: Andhra Pradesh. The professional tax slab rates are: Up to Rs 15,000: Nil; Rs 15,001 to Rs …
Professional tax slab gujarat
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Webb30 dec. 2024 · The profession tax slab rates are as follows : Due Date and Penalties The profession tax for the first half (April-September) of the year should be paid on or before August,31. Similarly, for the second half (October-March), the profession tax should be paid before the end of February. Webb14 dec. 2024 · Businesses who fail to register, pay taxes late, or fail to file returns by the deadline may be subject to fines, late fees, or interest.For instance, the state of Karnataka levies interest of 1.25 percent per month on any unpaid taxes. West Bengal imposes annual fees of 12 percent.If an employer fails to pay the tax while having a ...
Webb9 apr. 2024 · Finance department of Gujarat vide notification no GHN-35-PFT-2024-S.3 (2) (10)-TH dated 08th April 2024 revised profession tax slab for salary and wage earners. According to this notification there will no … WebbGujarat 1. Professional Tax in Maharashtra. Professional Tax in Maharashtra is governed by the Maharashtra State Tax on Professions, Trades, Callings and Employment Act, …
There are a few mandatory documents one must produce to register for professional tax: 1. Office tax bill 2. Owner ID proof 3. Rental Agreement 4. Two Passport size photo of owner 5. LWF paid receipt 6. Owner Tax bill & receipt 7. Memorandum Of Association, Articles Of Association and Incorporation Certificate … Visa mer Here are a few important dates to keep in mind if you are an individual paying taxes in Gujarat: Both monthly and quarterly payments and collections are made for professional taxes. … Visa mer Given below are the details on the tasks and last date of filing taxes. The official forms for reference are also given below: Visa mer The payment must be made within 15 days after the end of the month if the employer or business owner has more than 20 employees. If the firm has fewer than 20 employees, … Visa mer WebbFollowing are the professional tax slab rate of Gujarat: Monthly Salary. Amount payable in Gujarat. Salary less than Rs.5999. Nil. Salary between Rs.6000 to Rs. 8999. 0. Salary …
WebbProfessional tax or P-tax is a direct tax that State Government imposes on individuals who earn either by practising a profession, employment, trade or calling or running a freelancing business. The State Government deducts professional tax under section 16 (III) of the Income Tax Act, 1961.
Webb8 maj 2024 · The Professional tax slabs & rate is fixed based on the Income Slab of an Individual. The maximum amount of PT that may be levied by any State in a Financial Year is Rs 2500/-. Professional Tax Slabs & Rates for the Financial Year 2024-22 Professional Tax Enrolment & Registration: All You Need To Know diy paper fans wall decorationsWebb10 apr. 2024 · Income Tax Slabs & Rates for Financial Year 2024-22. State Governments are free to decide on the Professional Tax Slabs & Structure, within the cap of Rs 2,500/-. … diy paper face maskWebb26 nov. 2024 · This tax is charged in all other states where it is appropriate, based on Professional Tax slab rates enacted by the individual States. No state, however, can … diy paper fairy houseWebb15 dec. 2024 · When the professional tax was initially introduced, the threshold for the collection was a mere ₹250. Over the years, the government has raised the overall limit to ₹2,500. Therefore, the maximum amount that an individual will be liable to pay as professional tax is ₹2,500. The slab for assessment depends mainly on the … diy paper earringsWebb17 mars 2024 · Professional Tax in Andhra Pradesh: 14. Professional Tax in Gujarat: 15. Professional Tax in Odisha: 16. Registration of Professional Tax 17. Deposit of Amount Deducted 18. Interest Provisions 19. Due Date for Payment of Professional Tax Professional Tax – Interest on Non Payment on of Professional Tax, Article 276. cranberry pills treat uticranberry pills with proanthocyanidinsWebb8 apr. 2024 · Get accurate Professional Tax Slab rate for Gujarat & other details like PT act, rule, filing of returns, p tax registration, due dates, PT deduction, PT exemption, PT … diy paper eiffel tower