What is Profession Tax?

Answer Posted / h.r. sreepada bhagi

Answer by Mohd. Abdul Quader is correct. It's needs to be
paid to the Commercial Taxes department of each state as per
the law in that state in respect of business entities,
professionals, employees, etc as per the rates & slabs in
the relevant Act of the concerned state.
Section of the Act. may change from state to state. My
answer is only brief note and not exhaustive. It's always
necessary to see the concerned Act for compliance.

Is This Answer Correct ?    4 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How many turnover company active TAN no applicable and how many deduction % of service.

1362


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

1688


if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

1583


if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1012


how much tds deducate on hotel party arrange by company

1519






About vat, service tax, tds, cenvat

2710


How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.

1542


WHEN FORM VAT R-2 USE?

1639


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

1619


I want to know about the site where i can do online application for F form. Please suggest site address and procedure.

1538


what is the entry tax explain briefly?

1718


Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

1607


In advance c form dvat why not showing the amount in form verification

1142


how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..

1543


what is reverse credit & how it is calculated in vat law in west bengal?

8526