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Professional tax rate in west bengal

Webb12 feb. 2024 · The Professional Tax Slab Rates in India are different from state to state; this article provides applicable tax rates of all state in India. ... West Bengal Professional Tax Slab Rates for Financial Year 2016-17. Monthly Salary Professional Tax (P.M) Up to Rs.8,500/-NIL. Rs. 8,501/- to Rs.10,000/- Webb13 sep. 2024 · For instance, the Karnataka state government charges an interest of 1.25% per month for any late tax payments. Whereas, West Bengal charges 12% per annum. Exemptions in Professional Tax. The following individuals are exempt from paying professional tax: Parents or guardians of children with a mental disability or permanent …

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WebbProfessional Tax Calculator and Rates. Download Fillable Professional Tax forms. ... Profession Tax Rates, WB (West Bengal) Monthly salaries or wages Tax Rate Upto ₹ 10,000: Nil ₹ 10,001 to 15,000 ₹ 110 per month ₹ 15,001 to 25,000 ₹ 130 per month ₹ 25,001 to 40,000 Webb14 dec. 2024 · Professional Tax: Eligibility & P Tax Slab Rates in West Bengal. Staff Desk. Dec 14, ... is mirage hotel being torn down https://teschner-studios.com

What is Professional Tax? - Meaning, Rates, Applicability

WebbJust like the income tax, the professional tax is linked to the income slabs. It is deducted at the source by the employer. It is a nominal tax and never exceeds a few hundred rupees a month. The maximum amount of Professional Tax that any state can impose in … Webb20 aug. 2010 · 20 august 2010 what is the rate for calculation of late fees for late submission of return for w.b p.tax. what should be the amount of late fees if the tax amount is rs.11300/- for late submission of p.tax return for june qtr. if last date of submission was 31st. Webb6 rader · 13 mars 2024 · As per the West Bengal State Tax on Profession, Trades, Callings and Employment Act, 1979, ... kids first birthday party venues

Anup Sinha and Associates - Tax Advisory - LinkedIn

Category:Professional Tax Slab in West Bengal 2024-22 - WB Pay News

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Professional tax rate in west bengal

Compliance Under Profession Tax (West Bengal) - TaxGuru

Webb11 sep. 2024 · P Tax Slab WB Govt 2024-22. Professional Tax Slab, West Bengal for the Financial Year 2024-2024 for Monthly Salary and Wages. Monthly Gross Salary or Wages. Rate of P Tax (per month) Upto Rs.10,000. Nil. Rs. 10,001 to Rs. 15,000. WebbProfessional Tax West Bengal. Professional Taxes are levied by the state government on income earned from employment, profession, calling, or trade. Professional taxation is imposed by the Municipal Corporations of the individual states using predetermined slab rates. Monthly or annual professional tax is payable.

Professional tax rate in west bengal

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WebbBusiness entities in Odisha are required to deduct Professional Tax from the monthly salary from their employee at the applicable rates and deposit the same into the appropriate Head of account of State Government through Odisha Treasury every month. For the applicable rates, please refer to the rate chart. Entities registered under GST or … WebbWhat is the Professional Income Tax Limit? The professional tax was introduced in 1949. At that time, the limit for this tax was set at Rs.250. However, in 1988, the limit was increased by Rs.2500. The exact liability, however, depends on the employee’s income slab and state of employment.

Webb10 rader · Professional Tax Rate or P. tax Slab rates in West Bengal for FY 2024-23 is mentioned ... WebbThe West Bengal State Tax on Professions, Trades, Callings and Employment Act, 1979 (commonly know as Profession Tax Act) came into force with effect from 1.4.1979 with the object of levying tax on professions, trades, callings and employments.

Webb9 apr. 2024 · The slab rates differ from state to state. For the illustration purpose, we have taken Andhra Pradesh for the Professional Tax rates-. Gross income up to INR 15, 000 there will be no tax. For INR 15,001 to INR 20,000, it is INR 150 per month. For INR 20,001 and above, it is INR 200 per month. WebbGet accurate Professional Tax Slab rate for West Bengal & other details like PT act, rule, filing of returns, p tax registration, due dates, PT deduction, ... The West Bengal State Tax On Professions, Trades,Callings And Employments Rules,1976. Applicability: A person or employer by whom tax is payable under this Act:

Webb30 dec. 2024 · For people whose tax liability is less than Rs. 3000, they are required to pay it quarterly. The interest rate per annum is 12% for late payment. In the case of tax liability up to 30,000 the penalty is Rs. 200. If it exceeds Rs. 30,000 then Rs. 100 is charged per each month in case of delayed payment.

WebbIn West Bengal, professional tax is a tax imposed on the income received by any trade and submitted by the employer. Every year, a tax on professions, trades, callings, and employment must be paid to the state or municipal government in the amount of Rs.2500. is miraculous season 5 doneWebbFör 1 dag sedan · Who Pays Professional Tax in West Bengal? All professionals working in private and government organizations and self-employed individuals are liable to pay professional tax whose monthly salary is above Rs.8, 500. Individuals earning less than Rs. 8,500 need not pay professional tax in West Bengal. kids first broomall paWebbGet accurate Professional Tax Slab rate for West Bengal & other details like PT act, rule, filing of returns, p tax registration, due dates, PT deduction, ... The West Bengal State Tax On Professions, Trades,Callings And Employments Rules,1976. Applicability: A person or employer by whom tax is payable under this Act: kids first center maine