Warning: preg_match(): Unknown modifier 'p' in [path]/showthread.php on line 2297

Warning: preg_match(): Unknown modifier 'p' in [path]/showthread.php on line 2298

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381
Labour Welfare Fund (LWF) / Professional Tax (PT) Applicability - CiteHR

No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


Anonymous
I wanted to know if a company implements a project in various different states. and hence has employed/deployed employees in various states. however the payroll is centralised processed in its HO at mumbai. Will LWF / PT of all the states in which it operates will apply or only for maharashtra for all the employees??
What if the company doesnt have an office to operate in all the states?

From India, Mumbai
Madhu.T.K
3891

Welfare fund can be centralised in case you do not have an office in the places where your employees are working. But profession tax cannot be paid at Corporation/ Municipality/ Gram Panchayat where your HO is situated. In the latter case the amount should be paid to the respective office of the local administration where the employees are engaged because Profession tax is a state subject and a revenue of the state.
If you have an office at other state, the said office should be registered under the Shops and Commercial Establishments Act of that state and by that, automatically, the employees employed in that office will become subjected to welfare fund applicable to the employees of shops and commercial establishments of that state. In case you do not have an office, the question of registration does not arise and therefore, no need of payment of welfare fund at the place of working.
Madhu.T.K

From India, Kannur
Triptika Chaudhari
2

Hi, Your company has to apply and remit for MLWF and PT state wise only, even though you do not have office in all states. Regards, Triptika +91-9967630445
From India, Mumbai
sangeeta.patade
On incentive Professional Tax in Applicable, if it is pay once in a year? Any notification on it?
From India, Mumbai
Madhu.T.K
3891

Profession tax is levied on the income of the individuals and it does not mean that it is payable on the "salaries" alone. It is payable by a professional practicing medicine, law etc whom do not receive any salary. Therefore, PT is to be computed on the gross income received by an individual whether by means of salary or not. As such, you have to include bonus, incentive or other allowances paid to him during the period. Most of the states make it payable in half year. Then the half year period during which the payment of yearly incentive or bonus falls should include the same also as income received by the respective employee.
Regards,
Madhu.T.K

From India, Kannur
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.




About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.