what is the eligible to deduct the professional tax?
Answer Posted / h.r. sreepada bhagi
In Shops & Establishment Act (or other relevant Act if
applicable), Salary Slabs and applicable Profession Rates
will be mentioned. It's Nil to a certain level of salary,
there after progressive rates are levied for higher salary
limits. The rate may differ from State to State in India as
it comes under the purview of State Government.
Besides Salary, Profession Tax is applicable on business
units and others.
For details refer the relevant Act in the State you need to
use it.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
Which accounting application you prefer most and why?
1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?
Please explain the difference between provision and reserve?
what is addition of Opening Balance and net profit transfered from profit and loss account called
What is control in accounting?
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
What does the abbreviation m mean in accounting?
were you happy with the grades you achieved at a-level?
in what circumstances it is mandatory to calculate the goodwill.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What do you mean by ledger posting?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
What are time sheets?