Dear All,
when any employee being transferred from one branch of organisation to another branch in any day of the month and suppose the branch is located in a different state then how the P.TAX will be calculated ? Because The Profession Tax rate is different from one state to another. How will I calculate the profession Tax?
From India, Kolkata
when any employee being transferred from one branch of organisation to another branch in any day of the month and suppose the branch is located in a different state then how the P.TAX will be calculated ? Because The Profession Tax rate is different from one state to another. How will I calculate the profession Tax?
From India, Kolkata
Hi, No issues, it can be paid to the applicable state, considering the 'Transfer Date' (with effect from) & the last payroll processed month...
From India, Chennai
181From India, Chennai
[QUOTE=desubhashiskol;2070655]Dear All,
my point is that suppose one employee is transferred from one branch located at kolkata dated on 15/06/2012 to Mumbai branch in a same month. at the time of generating pay for the same month how i will calculate the P.Tax because both the states have different P.Tax slab and P.tax challan deposited on monthly basis..will the p.Tax be calculated on half of the earlier branch and half of latest branch?
From India, Kolkata
my point is that suppose one employee is transferred from one branch located at kolkata dated on 15/06/2012 to Mumbai branch in a same month. at the time of generating pay for the same month how i will calculate the P.Tax because both the states have different P.Tax slab and P.tax challan deposited on monthly basis..will the p.Tax be calculated on half of the earlier branch and half of latest branch?
From India, Kolkata
Normally, the PT is not bifurcated based on transfer date. It is to be paid in the next State in which one is transferred. You need to check in which State an employee is working at the time of processing salaries i.e. end of month. The applicable PT law of that Satte shall be applicable for the entire wages, not proportionately.
From India, Mumbai
From India, Mumbai
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Tax calculation.xls