Is professional tax applicable in Coimbatore?
Professional tax is very much similar to income tax but the professional tax is collected by the state government. Professional tax registration in Coimbatore can be obtained through IndiaFilings.
How much is professional tax in Coimbatore?
| Half Yearly Gross Income | Profession Tax | |
|---|---|---|
| upto 30.09.2018 | from 01.10.2018 | |
| Upto Rs.21,000 | NIL | NIL |
| Rs. 21,001 to 30,000 | Rs. 127 | Rs. 171 |
| Rs. 30,001 to 45,000 | Rs. 317 | Rs. 428 |
Is professional tax applicable in Tamil Nadu?
Professional tax is paid by 17 states in India, out of which Tamil Nadu is one of them and this is considered as one of the major sources of revenue in the state. The Tamil Nadu Professional Tax Slab Rate is different for different categories of income. Anyone engaged in a trade or profession is liable to pay this tax.
Who pays professional tax in India?
Who is Responsible to Collect and Pay Professional Tax? For employees, their employer is responsible for deduction and payment of professional tax to their respective State Government as per the rate slab, and also for registering and obtaining professional tax registration certificates.
How property tax is calculated in Coimbatore?
CCMC Property Tax= Built-up area x base value x age factor x type of building x category of use x floor factor.
Who is eligible for professional tax in Tamil Nadu?
As per the Tamil Nadu Municipal Laws Second Amendment Act 59 of 1998, section 138 C, “Any individual occupied in any trade, profession, employment and calling in the city limits of the Corporation of Greater Chennai, will have to pay the half-yearly Professional Tax.
Is professional tax deducted every month in Tamil Nadu?
Profession Tax shall be collected from the salary of August and January. The slab rate differs for some corporations and panchayats across Tamil Nadu.
Who are exempted from professional tax in Tamilnadu?
The following categories of individuals are exempted from professional tax payment in Tamil Nadu: A senior citizen aged above 65 years. Parents of children with mental disability. Individuals with a permanent physical disability.
Is professional tax still applicable in India?
In a nutshell, professional tax will be applicable if either the branch office where the employee is working or the office paying salary is registered as per the state laws. If the head office is registered but not the branch office or office paying salary, then professional tax will not be applicable.
Is professional tax applicable in India?
Yes, professional tax is applicable even for professionals if income exceeds the specified limit as per your Professional Tax Laws applicable in the state where you live.
Is professional tax applicable in Uttar Pradesh?
In some states, anybody earning over Rs 4,166 a month needs to pay professional tax, whereas in others only when a person earns over Rs 3 lakh a month do they need to pay this tax. Professional tax is not levied in any union territory and some states such as Delhi, Haryana, Uttar Pradesh and Uttarakhand.
Which profession has no tax in India?
Agriculture Income: The economy of India is based on agriculture, and the government supports agriculture by making agriculture tax-free. This includes growing, processing, and selling crops like wheat, rice, fruits, etc.
Which state pays the highest tax in India?
Highest Taxpayer State in India
Maharashtra tops the chart of the highest tax-paying states in India.
How can I register for professional tax in Coimbatore online?
Professional tax registration in Coimbatore can be obtained through IndiaFilings. The maximum amount to be paid as professional tax is Rs. 2500.
How to pay house tax in Coimbatore?
- Visit the CCMC official website and click on 'Property Tax'
- Feed the details such as the Assessment Number to proceed.
- If you are a registered user, you can fill in the details like mobile number, E-mail ID and the password.
Can we pay house tax online in Coimbatore?
How to Pay Coimbatore Property Taxes Online in Coimbatore? Under the Online Tax Payment tab, click on Pay Your Taxes Online. You will be redirected to the Payments page, here, select the municipality corporation. Enter the Assessment Number and Old Assessment Number.
What is the penalty for professional tax in Tamilnadu?
When is the Due Date to Make the Professional Tax Payment in Tamil Nadu? The due date for payment of professional tax is 1st April and 1st October for the respective half-year. Employers and individuals who fail to pay Professional tax within the due date are subject to a 2% monthly penalty.
How to pay professional tax online tamilnadu?
After registering the details of mobile number, e-mail id etc., the applicant shall get his/her unique user name and password through his mobile and e-mail in a secured manner, 3. Through Citizen portal, the applicant will create the self assessment application and submit the application for profession tax.
How to find assessment number for professional tax in tamilnadu?
1) Select PROJECT / CAF from the drop-down menu. 2) Click on the Apply button and the Page would get redirected to Issue of Assessment Number for Professional Tax Portal. 3) Enter all the mandatory details in the application for Professional tax.
Who are exempt from professional tax in Kerala?
The individuals exempted from paying professional tax in Kerala are: Textile industry 'Badli' workers. Any mentally or permanently disabled child's or individual's parents. Members of the Navy, Air Force, and Army (according to the Navy Act of 1957, Air Force Act of 1950, and Army Act of 1950)
Is professional tax applicable in Delhi?
The Delhi State Tax on Professions, Trades, Callings and Employments Act of 1975 levies professional tax on every earning individual in Delhi. As per the New Delhi Professional Tax Act, if you earn a monthly income above Rs 50,000, you are eligible to pay this tax.
What is the penalty for late payment of professional tax in Telangana?
Failure to make payment before the due date may cost you hefty penalty of 25% to 50% on the total outstanding tax amount.
Who is eligible for professional tax in Gujarat?
Professional Tax Applicability in Gujarat
If you are a salaried employee, your employer will deduct this professional tax from your salary or taxable income. Whereas, if you are self-employed, you are liable to pay this tax on your own to the state government of Gujarat.
Who is not liable to pay professional tax in Maharashtra?
Maharashtra Professional Tax Exemption
Senior citizens aged 65 years and above. Badli workers of the textile industry.
What is the professional tax rate in Gujarat?
What is the professional tax amount in Gujarat? The maximum annual professional tax liability is Rs 2500. On a monthly basis, individuals with a gross salary falling between Rs 13,500 are required to pay Rs 200.
