Hello Fraternity,
We have tax slab as follows in Gujarat:
For salary up to Rs.5,999 Nil
Rs.6,000 to Rs.8,999 Rs.80
Rs.9,000 to Rs.11,999 Rs.150
Rs.12,000 and above Rs.200
But if we calculate annually there will be 300 Rs. in month of February. I understand on the basis for financial year, February is the last month when we get last salary for the year.
Now my question is why 2500/- (11*200 + 300*1) professional tax is levied?
Could anyone please describe about this 300 Rs Professional Tax in last month?
Thank you in advance.
From India, Poona
1We have tax slab as follows in Gujarat:
For salary up to Rs.5,999 Nil
Rs.6,000 to Rs.8,999 Rs.80
Rs.9,000 to Rs.11,999 Rs.150
Rs.12,000 and above Rs.200
But if we calculate annually there will be 300 Rs. in month of February. I understand on the basis for financial year, February is the last month when we get last salary for the year.
Now my question is why 2500/- (11*200 + 300*1) professional tax is levied?
Could anyone please describe about this 300 Rs Professional Tax in last month?
Thank you in advance.
From India, Poona
Hello Stanzy,
The 2500 PT slabs you've mentioned is I think applicable in Maharashtra only and not in gujarat. In Gujarat maximum PT slab is 200 Rs. monthly and not 300 in any case. However, in Maharashtra there is 2500 yearly PT slab, so as mentioned by you employer do deduct 300 Rs. February.
Regards,
Manish
From India, Ahmedabad
The 2500 PT slabs you've mentioned is I think applicable in Maharashtra only and not in gujarat. In Gujarat maximum PT slab is 200 Rs. monthly and not 300 in any case. However, in Maharashtra there is 2500 yearly PT slab, so as mentioned by you employer do deduct 300 Rs. February.
Regards,
Manish
From India, Ahmedabad
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.
Professional tax hyderabad.doc
Professional Tax.zip
Professional Tax 01-Apr-2009.pdf