Professional Tax - Xls Download [thread 106705]

Hi, I want to know what the Professional Tax slab is in West Bengal as per the recent change.

Hi, I want to know where I shall register for PF and what is the PF slab at Bangalore as per the recent change, and also where do I pay PF. Please reply to me.

Hi Atrei,

As per my knowledge, the correct slab is:

Schedule of rates of tax on Professions, Trades, Callings, and Employments

Serial No. Class of Persons Rate of Tax Schedule No. & Sub No. 1 Salary and wage earners. Such persons whose monthly salaries or wages are- (i) Rs. 3,000 or less Nil 1(i) (ii) Rs. 3,001 or more, but less than Rs. 5,001 Rs. 30 per month 1(ii) (iii) Rs. 5,001 or more, but less than Rs. 6,001 Rs. 40 per month 1(iii) (iv) Rs. 6,001 or more, but less than Rs. 7,001 Rs. 45 per month 1(iv) (v) Rs. 7,001 or more, but less than Rs. 8,001 Rs. 50 per month 1(v) (vi) Rs. 8,001 or more, but less than Rs. 9,001 Rs. 90 per month 1(vi) (vii) Rs. 9,001 or more, but less than Rs. 15,001 Rs. 110 per month 1(vii) (viii) Rs. 15,001 or more, but less than Rs. 25,001 Rs. 130 per month 1(viii) (ix) Rs. 25,001 or more, but less than Rs. 40,001 Rs. 150 per month 1(ix) (x) Rs. 40,001 and above Rs. 200 per month 1(x)

Regards, Oindrila

Dear All,

Please note the following changes in the Profession Tax Rates for salary and wage earners with effect from 01.08.2008 (In Karnataka).

As per the latest amendment, salary earners up to Rs. 4,999 will be exempt from PT, and the remaining slabs will remain applicable as before.

KARNATAKA TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1976:
Amendments to the Schedule:
By amending entry Sl. No.1, salary or wage earners with a monthly salary or wage of Rs. 3,000 and above but less than Rs. 5,000 are exempted from Professions Tax with effect from 1.8.2008.

Regards,
Manoj

Hi Atreyi!

Check out the following. I guess this will help you:

Serial No. | Class of Persons | Rate of tax | Schedule No. & Sub No.
1 | Salary and wage earners. Such persons whose monthly salaries or wages are-
(i) Rs. 3,000 or less
Nil
1(i) (ii) Rs. 3,001 or more, but less than Rs.5,001 Rs. 30 per month
1(ii) (iii) Rs. 5,001 or more, but less than Rs.6,001 Rs. 40 per month
1(iii) (iv) Rs. 6,001 or more, but less than Rs.7,001 Rs. 45 per month
1(iv) (v) Rs. 7,001 or more, but less than Rs.8,001 Rs. 50 per month
1(v) (vi) Rs. 8,001 or more, but less than Rs.9,001 Rs. 90 per month
1(vi) (vii) Rs. 9,001 or more, but less than Rs.15,001 Rs. 110 per month
1(vii) (viii) Rs. 15,001 or more, but less than Rs.25,001 Rs. 130 per month
1(viii) (ix) Rs. 25,001 or more, but less than Rs.40,001 Rs. 150 per month
1(ix) (x) Rs. 40,001 and above
Rs. 200 per month
1(x)

Regards,
Sangeeta

Dear Atreyi,

I hope this will help you for the moment. You may include it in your payroll as required. Apart from this, I must hear your views if any.

Thanks,
Abhijit Goswami

Dear All,

Can anyone tell me what minimum percentage of gross salary can be kept as the basic salary according to the new amended rules in WB? Also, for keeping the basic salary at a minimum range, what bifurcations (along with their percentage breakdown) can be done in the gross salary?

Sangeeta

Hi,

Please find attached the PT Return for F-III.

Best Regards,
Sandip

If I am receiving professional fees from my employer, how can I claim exemption of tax on expenditure on professional services rendered? Such as conveyance, HRA, office rent, salary for helping hand, etc.

Can anyone please provide the monthly Professional Tax challan in .doc or .xls format that we submit monthly (IN WEST BENGAL).

Regards

Dear all of my friends,

Hi,

Are there any percentages of allowance (i.e. HRA, CCA, MEDICAL, PDA, CONVEYANCE, OTHER ALLOWANCES, etc.) to be calculated on the basic salary breakup as per rules? If yes, then is it the same for all over India or limited to selected states? Can anyone help me, please?

S. MITRA

Hi,

I need help for registration for a new professional Tax Number. Could anyone please help me with the form number for new registration for a Pvt Ltd company and the procedure?

Please help.

Maruti