Prof tax payment maharashtra
WebOne can complete the professional tax payment in Maharashtra by following the steps mentioned below. Step 1: Visit the official website of the Maharashtra GST Department. … WebProfessional Tax Calculator and Tax Rates for for States and Union Territories in India Viz AP, Assam, Bihar, Chhattisgarh, Goa, Gujarat etc. ... Profession Tax Rates, Maharashtra. Monthly salaries or wages Tax Rate Upto ₹ 7,500: Nil ₹ 7,501 to 10,000: 175 per month (Nil for women, Exemption upto Rs.10,000)
Prof tax payment maharashtra
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WebAs per Article 276 of the Constitution of India, every State Government has the right to levy professional tax. Accordingly, every person earning income / working in Mumbai, Thane or Navi Mumbai has to compulsorily pay tax to the Government of Maharashtra. Professional tax rates / fees differ from State to State. WebSep 13, 2024 · Professional tax is a state subject. There is no fixed procedure to pay professional tax. It can be paid either online or offline modes depending on the state from where the business is operating. Also, the intervals and procedure for filing professional tax returns depend on the State. Consequences of violation of professional tax regulation
WebStep 1: Visit the official website of the Maharashtra GST Department. Step 2: Click on ‘e-Payments’ and select the right option as per the status of professional tax payment. Step 3: Select the applicable professional tax act, i.e. either PTRC Act or PTEC Act. WebFeb 13, 2024 · “Salary” or “Wage” includes pay or wages, dearness allowance and all other remunerations received by any person on regular basis, whether payable in cash or kind, and also includes perquisites and profits in lieu of salary, as defined in Section 17 of the Income Tax Act, 1961 but does not include bonus in any form, and on any account or gratuity. …
WebW.e.f 01.04.2024 there will be no profession tax in Maharashtra for women who draws salary upto Rs 25000. WebMar 13, 2024 · Maharashtra Professional Tax Late Payment Penalty A penalty of 1.25% tax is payable for each month if an enrolled individual fails to pay this tax on time. On the …
WebThe online profession tax payment in Maharashtra is regulated by the Maharashtra State Tax on Professions, Trades, Callings and Employment Act, 1976. Such tax must be paid …
WebWith an intention to give effect to the proposals incorporated in the FY 2024-24 budget speech, the Maharashtra Government introduced the Maharashtra State Tax on Professions, Trades, Callings and ... grooming by jess wilmington ncWebNov 29, 2024 · In this video, you will learn how to Maharashtra Professional Tax Online payment***************************************************#OnlinePayment#Ptax*******... grooming by john key westWebFeb 15, 2024 · 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 salary income. grooming by jessica shreveportWebMar 31, 2024 · In Maharashtra, the threshold limit for the deduction of Profession Tax is an income of Rs. 7,500 per month. This means that if an individual’s monthly income is less than Rs. 7,500, then they are not required to pay Profession Tax. grooming by jessicaWebMaharashtra Goods and Services Tax Department - ePayment filesystemobject user defined type not foundWebApr 22, 2024 · Amount of Profession tax to be deducted to be deducted by the employer is as follows: Due date of payment and filing of return under PTRC For Financial Year 2024 … grooming by jenny independence ohioWebApr 13, 2024 · If you need to pay for a Professional Tax Enrolment Certificate (PTEC), go to the MahaGST website and click on the Ptec e-payment link. Select e-payment after … filesystemobject utf-8 vba