Table of Contents
How much is the professional tax in Bihar?
Bihar
Act | The Bihar Tax On Professions, Trades, Callings And Employments Act, 2011 | |
---|---|---|
Upto 300000 | ₹ 0.00 | Nil |
Between 300001 To 500000 | ₹ 1000.00 | |
Between 500001 To 1000000 | ₹ 2000.00 | |
Above 1000001 | ₹ 2500.00 |
Is P tax mandatory?
Is it mandatory to pay professional tax? Yes, if you are a salaried individual, it is mandatory to pay professional tax.
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 the due date for payment of professional tax in Bihar?
15th of following month
FAQ and Checklist for filing application for Adavance Ruling Authority
S.No. | Activity | Due Date |
---|---|---|
1 | Payment of VAT | 15th of following month |
2 | Payment of Entry Tax | 15th of following month |
3 | Payment of Central Sales Tax | 15th of following month |
4 | Payment of TDS from Works Contractors @ 4 % | 15th of following month |
Can we pay professional tax online in Bihar?
Step 1: The applicant has to visit the official website of the Commercial tax department of the Bihar government. Step 2: Click on “e-Registration” which is under the e-Services tab of the home screen. Step 3: On the next page, select the option ‘professional category tax’.
Is PT applicable in Chhattisgarh?
Chhattisgarh Government has conferred the power of levelling professional tax under the Chhattisgarh Professional Tax Rules, 1995. The total amount of the professional tax paid during the year is allowed as a deduction under the Income Tax Act.
Is PT applicable in Goa?
Professional Tax is a state level tax levied by State Governments. Currently, this tax is applicable in Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Sikkim, Tamil Nadu, Telangana, Tripura & West Bengal.
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 much professional tax is deducted from salary in Bihar?
Bihar Professional Tax Slab
S.No | Amount of Tax Payable |
---|---|
1. | Nil. Rs.1000/- per annum Rs.2000/- per annum Rs.2,500/- per annum |
2. | Nil Rs.1000/- per annum Rs.2000/- per annum Rs.2,500/- per annum |
3. | Rs.1000/- per annum. Rs.1500/- per annum |
4. | Rs.2,500/- per annum |
Who is responsible for professional tax in Bihar?
The Commercial Taxes Department regulated under the Bihar Government is responsible for the collection of professional tax dues from professionals in the state.
Where does the professional tax come from in India?
Professional Tax in India. Professional tax is a tax levied at the state level in India. It is collected by the State Government by every individual who earns a living through mediums like trade, employment, or professional.
What are the exemptions for professional tax in Karnataka?
The exemptions for the Professional tax are: 1 Parent or guardian of a physically challenged or mentally retarded child 2 A person suffering 40 percent or more of permanent physical disability or blindness 3 An assessee has completed 65 years of age. For the state of Karnataka, it is 60 years