Understanding Professional tax and its payment
Professional tax is an indirect tax levied and collected by the State Governments in India. It is deducted from the salary of employees every month. It is also applicable to professionals like Chartered Accountant, Lawyer, doctor etc.
Professional Tax is paid based on the slab rates provided by the Government. The maximum amount payable shall be Rs. 2,500/- per annum per employee. It is collected by the Commercial tax department of every state. Our professional team would help you with Professional tax compliances in the most efficient manner.