Goa professional tax
WebApr 2, 2016 · Professional Tax is levied by the State Government on salaried individuals, or in practice of any profession, or carry out some form of business. Professional Tax (PT) Rates and Slabs vary from State to … WebSep 26, 2014 · Goa profession tax This query is : Resolved Report Abuse Follow Query Ask a Query Devangi Shah (Querist) Follow 26 September 2014 Dear All, Is profession Tax applicable in Goa, Bihar and Jharkhand. if yes pls provide the circular. looking forward for a guidance Regards Devangi Shah CA vandana goyal (Expert) Follow
Goa professional tax
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A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under Section 16 (iii) Of The Income Tax Act According to Section 16 (iii) of the Income Tax Act 1961, the profession tax paid by an employee is allowed as a deduction from his/her gross … See more As this tax is a state subject, the rate of profession tax varies from one state to another. While some states might charge it as a percentage … See more Profession tax is applicable on the following classes of persons: 1. An Individual 2. A Hindu Undivided Family (HUF) 3. A Company/Firm/Co-operative Society/Association … See more Following are some of the Indian states and union territories where professional tax is applicable: 1. Andhra Pradesh 2. Karnataka 3. … See more Self-employed persons who carry out their profession or trade on their own and fall in the ambit of profession tax are liable to pay the tax themselves to the state government. The Commercial Taxes Department of a … See more WebSep 26, 2014 · Goa profession tax This query is : Resolved Report Abuse Follow Query Ask a Query Devangi Shah (Querist) Follow 26 September 2014 Dear All, Is profession …
WebDepartment of State Tax Goa . The State Tax Department is administering levy and collection of tax revenue under the Goa Value Added Tax / Goa Sales Tax, Central … WebDec 15, 2024 · When the professional tax was initially introduced, the threshold for the collection was a mere ₹250. Over the years, the government has raised the overall limit to ₹2,500. Therefore, the maximum amount that an individual will be liable to pay as professional tax is ₹2,500. The slab for assessment depends mainly on the …
WebThe Professional Tax is a source of revenue for the state governments which helps in implementing schemes for the welfare and development of the region. Professional …
WebDealers registered under Goa Value Added Tax Act, 2005 are hereby informed that henceforward Certificate of Registration is not required to be renewed. As per Goa Value …
WebJun 6, 2024 · Goa Monthly Salary Professional Tax Levied (P.M) Up to Rs 15,000/- Nil Rs 15,001-Rs 25,000/- Rs 150 Rs 25,001/- or Above Rs 200 6th June 2024 From India, … jolly plays for holidaysWebThe Professional Tax is a source of revenue for the state governments, which helps implement schemes for the welfare and development of the region. The professional … jolly plumbing \u0026 heating incWebFeb 12, 2024 · State Government of Maharashtra levies Professional Tax at the rate of Rs. 200/- for 11 months and Rs.300/- for the last month. Women who earn Salary up to Rs.10,000/- per month are exempted from paying Professional Tax. Meghalaya Professional Tax Slab Rates for Financial Year 2016-17 how to improve your a1c levels naturallyWebProfessional Tax: Payment Due Date: Forms: Website: Up to 7500 Rs: Nil: Last Date of Every Month : Link: 7501 Rs – 10000 Rs: 175 Rs / month: 10001 Rs or Above: 200 Rs & 300 Rs ( in February) Note: Women … jolly plumbingWebNov 26, 2024 · No state, however, can impose a Professional Tax on any taxpayer over 2,500 INR. According to the Income Tax Act of 1961, Professional Tax payments can be deducted from taxable income. Professional Tax Applicability The following groups of people are subject to the profession tax applicability: Salaried Individual HUF (Hindu … jolly plumbing drains heating airWebGet accurate Professional Tax Slab rate for Mizoram & other details like PT act, rule, filing of returns, p tax registration, due dates, PT deduction, PT exemption, PT challan & latest professional tax amendment notifications jolly pocket postman christmasWebApr 9, 2024 · The maximum amount of professional tax payable by an individual is Rs. 2500. 3.Does it fall under direct taxation? A: The professional tax falls under indirect taxation. It is payable by salaried … how to improve your ability