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Professional tax for kerala

Webb6 maj 2024 · MEANING – PROFESSIONAL TAX Unlike the name, Professional Tax is not a tax which is applicable on professionals only, it is tax which is applicable on all kinds of professions, trades, and employment and based on the income. Applicability: It is applicable on: 1. Business including freelancers 2. Professionals including CA, CS, … WebbThe Kerala Municipality Amendment Act, 2015 mandates that Kerala professional tax be paid by everyone who receives a salary of more than Rs. 12,000 per half-year. …

Professional Tax - Wikipedia

Webb28 juli 2016 · Profession Tax as per Kerala Municipal Act, 1994 (Section 254) Lijo Abraham Updated 28 Jul 2016 2 min read As per the as per Kerala Municipal Act, 1994 (Section … Webb14 nov. 2024 · The maximum professional tax deduction from a person is Rs. 2,500/- per annum. In Kerala, a D & O Trade license issued by the health department of local LSGD is … bucket printable template https://gkbookstore.com

Professional Tax payment - How to Pay P Tax Online, Tax Slabs

Webb30 dec. 2024 · As per the Kerala Municipal Act, 1994, it is mandatory to pay profession tax for all employees or who are drawing a half-yearly salary of more than Rs.12,000. The … WebbProfessional Tax Kerala Eligibility Criteria for Kerala Professional Tax Registration. Any company which transacts business in the municipal... Assessment of Kerala … Webb14 dec. 2024 · For late payments, the interest rates in usually 1.25% per installment, that is, per month. And also, the government can charge a penalty of 10% on the whole tax. This interest rate is different for different states as per the different laws. In Karnataka, the late payment interest rate is 1.25% per month. bucket price

The States in which the Professional Tax is applicable and

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Professional tax for kerala

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WebbProfession Tax is always paid on half yearly basis. For the first half of theyear, that is, April - Sept, the tax is to be paid on or before 31 Aug. For the second half of the year, that is, … WebbGet accurate Professional Tax Slab rate for Kerala & other details like PT act, rule, filing of returns, p tax registration, due dates, PT deduction, PT exemption, PT challan & latest …

Professional tax for kerala

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Webb2 okt. 2016 · Currently, for Kerala employees professional tax is deducted in July payroll only and some employees it does not deducting professional tax for same region. … WebbTo make an online payment of P tax in Bihar, follow the steps mentioned below. Step 1 - Visit the official website of the Commercial Taxes Department, Government of Bihar and navigate to the Home page. Step 2 - From ‘e-Services’ featured on the rightmost corner, select ‘e-Registration’.

WebbExperienced Tax Consultant with a demonstrated history of working in the accounting industry. Strong accounting professional focusing in Tax … Webb9 apr. 2024 · The slab rates differ from state to state. For the illustration purpose, we have taken Andhra Pradesh for the Professional Tax rates-. Gross income up to INR 15, 000 there will be no tax. For INR 15,001 to INR 20,000, it is INR 150 per month. For INR 20,001 and above, it is INR 200 per month.

WebbEngine capacity more than 299cc. 12% of the vehicle cost subject to a minimum of 1500. If the two-wheeler has already been registered, then the following table is to be used. Serial Number. Age Since Registration. Road Tax Payable (Calculated on the first time registered tax) 1. 1 year to 2 years old. 95.80 %. Webb29 mars 2024 · The maximum amount for professional tax online payment per annum is Rs 2,500 and if salaried, follows the declared pre-determined professional tax slab schedule. Traders, architects, company secretaries, lawyers, doctors, chartered accountants etc. have to mandatorily make a professional tax payment to the Commercial tax department of …

WebbMy focus over the last few years has been as a specialist in the tax and compliance areas as the statutory and legal compliances in today’s …

WebbFurther, Article 276 of the Constitution which empowers the state government to levy professional tax also has provided for a maximum cap of Rs 2,500 beyond which … bucket problem crosswordWebb11 dec. 2024 · Concerning the Kerala Municipality Act as Amended in 2015, it is compulsory for every worker who is drawing a ½ (half-yearly) salary that is more than “Rs. 12,000” to remit Kerala professional tax. The Kerala professional tax should be remitted to the authorized body who is the respective “municipal corporation” where the company or ... bucket price philippinesWebbKerala professional tax will be applied for the following entities: Any company which transacts business in the municipal area for not less than sixty days has to pay … bucket printsWebbThe maximum amount of Professional Tax that can be imposed by any state in India is INR 2500/-. Total amount of Professional Tax paid during the year is allowed as deduction … bucket pricingWebb10 rader · According to the Kerala Municipality Amendment Act, 2015, self-employed individuals with a ... bucket printingWebb#iptmnoida #payrolltraining #PayrollPlayerP.TAX Professional Tax Calculation formula in Excel - PTAX(STATE,SALARY) - IPTM NoidaIn this video, i have explain... bucket productionWebbThe Profession tax rates is based on the Income Slabs set by the respective State Governments. However, the maximum Profession Tax that may be levied by any State … bucket pro llc olean ny