Is there professional tax in Gujarat?
Professional tax is charged on salaried individuals and is paid to the Gujarat state government. Professional tax is deducted by the employer and the amount varies based on the employees’ income.
Who is exempted from professional tax in Gujarat?
Note on Schedule :- In Gujarat budget 1999 Finance Minister announced that “the society gets the benefit experience of senior citizens who remains active in their field. I propose exemption from profession tax to profession tax payers who have crossed the age of 65 years i.e senior citizens i.e more then 65 years age.
How is profession tax calculated?
Professional Tax calculation is based on predetermined slabs and on the basis of the salary or monthly income levels. It is usually around Rs 200 a month, with the maximum payable in a year being Rs 2,500. Any employer with a ‘Certificate of Registration’ can be penalised by the government if this tax is not paid.
In which states professional tax is applicable?
The states which impose professional tax are Punjab, Uttar Pradesh, Karnataka, Bihar, West Bengal, South Delhi,,Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, Jharkhand and Sikkim, Mizoram. .
How can I register professional tax in Gujarat?
Online Registration System Dealer has to file online application from web portal of Commercial Tax Department (https://www.commercialtax.gujarat.gov.in). Task of the respective application will be created in login of concern Professional Tax Officer.
Who is responsible for professional tax in Gujarat?
Individuals, Hindu undivided families and all associations/businesses/companies are liable to pay profession tax. However, the maximum amount that can be levied per person is Rs….Profession Tax Slabs in Gujarat.
| Monthly Earnings | Profession Tax Payable |
|---|---|
| Rs. 9000 to Rs. 11999 | Rs. 150/month |
| Rs 12000 and above | Rs. 200/month |
Who is liable for professional tax?
In case of Salaried and Wage earners, the Professional Tax is liable to be deducted by the Employer from the Salary/Wages and the Employer is liable to deposit the same with the state government. In case of other class of Individuals, this tax is liable to be paid by the person himself.
Is professional tax and income tax same?
Professional tax or tax on employment is a tax levied by a state, just like income tax which is levied by the central government. The maximum amount of professional tax that can be levied by a state is Rs 2,500. It is usually deducted by the employer and deposited with the state government.
In which state professional tax is not applicable?
Majority but not all of the Indian states impose profession tax. While states like Karnataka and Maharashtra have profession tax, there is no such tax applicable in Delhi and Haryana.
What is profession tax payslip?
Professional tax is a tax that is levied by the state government and applies to income you earn through employment. You can often find the deduction for the same on your salary slip each month. Professional tax in India varies from state to state. The maximum amount of professional tax cannot exceed Rs. 2,500 annually.