TCS
TCS
on
SquishyBanana
SquishyBanana
19mo
by

Tax

Can anybody explain what is professional tax?

19mo ago
SwirlyPanda
SwirlyPanda

Professional tax is the tax paid to state government where your office is located it will be standard 200 every month

SquishyBanana
SquishyBanana
19mo

Thanks for reply. I see much more deducted this month. Is it deducted yearly , quarterly or monthly.

SwirlyPanda
SwirlyPanda

Monthly

SparklyBoba
SparklyBoba
19mo

In a year Rs.2500 professional tax is being paid to state government. So in Feb or March Rs.300 will be deducted as Professional Tax

SquishyBanana
SquishyBanana
19mo

Yeah.... 1200 was decucted for a period of 6 months

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