Hi, My question is regarding the deduction of Profession Tax of workers engaged at construction sites as a civil or carpentry workers..
First is should PT be deducted for newly joined workers who worked for part of a month only where his Basic Salary was decided Rs.12000 but since worked for 15 days paid them Rs.6000/ and left-?
secondly site workers who work for month or two only and not working for full year, their PT also be deducted?
Kindly assist asap.
Thanks
From India, Mumbai
First is should PT be deducted for newly joined workers who worked for part of a month only where his Basic Salary was decided Rs.12000 but since worked for 15 days paid them Rs.6000/ and left-?
secondly site workers who work for month or two only and not working for full year, their PT also be deducted?
Kindly assist asap.
Thanks
From India, Mumbai
If the query is for Maharashtra state - PT applicable for employees & on 'salary', slabs are as follows: (but if they are not covered as 'employees' it's different:
Professional Tax Slab Rates in Maharashtra 2019- 2020:
- the Government of Maharashtra revised its professional tax slab rates for the financial year 2019-20. Mentioned below are the professional tax slab rates applicable for salaried and self-employed professionals in Maharashtra.
Monthly Gross Salary Amount Payable as Professional Tax
Up to Rs.7500 Nil
Rs. 7,501 to Rs.10000 Rs. 175 per month
Above Rs. 10000 Rs. 2,500 p.a.
The amount is can be paid in the following manner:
Rs. 200 per month except for the month of February.
Rs. 300 for the month of February.
The State Government of Maharashtra also implemented a special privilege for women professionals:
As per the provision, women employees who earn up to Rs.10,000 p.m. will not be required to pay professional tax on their salary. This exemption was put into effect in the financial year 2015-2016.
Further, there's no difference between new or existing employees.
If they are employed part of the month, above slabs may apply.
Read here for more -
https://www.bcasonline.org/Reference...n_tax_act.html
From India, Bangalore
1063Professional Tax Slab Rates in Maharashtra 2019- 2020:
- the Government of Maharashtra revised its professional tax slab rates for the financial year 2019-20. Mentioned below are the professional tax slab rates applicable for salaried and self-employed professionals in Maharashtra.
Monthly Gross Salary Amount Payable as Professional Tax
Up to Rs.7500 Nil
Rs. 7,501 to Rs.10000 Rs. 175 per month
Above Rs. 10000 Rs. 2,500 p.a.
The amount is can be paid in the following manner:
Rs. 200 per month except for the month of February.
Rs. 300 for the month of February.
The State Government of Maharashtra also implemented a special privilege for women professionals:
As per the provision, women employees who earn up to Rs.10,000 p.m. will not be required to pay professional tax on their salary. This exemption was put into effect in the financial year 2015-2016.
Further, there's no difference between new or existing employees.
If they are employed part of the month, above slabs may apply.
Read here for more -
https://www.bcasonline.org/Reference...n_tax_act.html
From India, Bangalore
Dear ANNONYMOUS Friend,
Seems you are from Mumbai, Maharashtra.
Specific answers to your queries are as under:
1. PT is deducted on Gross Earning and not on Gross decided. Gross earning is Rs. 6,000/-. So there is no Tax as per the slabs given as above by our learned member Prof. Kumar in his response to your query.
2. Tax is to be deducted on monthly earning as per the slabs given above irrespective of the employee works for entire year or not.
I would like to ask you as to what you are doing up till now? This is the basics in Salary and Wage Administration.
From India, Mumbai
Seems you are from Mumbai, Maharashtra.
Specific answers to your queries are as under:
1. PT is deducted on Gross Earning and not on Gross decided. Gross earning is Rs. 6,000/-. So there is no Tax as per the slabs given as above by our learned member Prof. Kumar in his response to your query.
2. Tax is to be deducted on monthly earning as per the slabs given above irrespective of the employee works for entire year or not.
I would like to ask you as to what you are doing up till now? This is the basics in Salary and Wage Administration.
From India, Mumbai
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.
Profession Tax.doc
Profession tax rates.jpg