Rs3trn Sindh budget envisages Rs77bn new taxes - Business Recorder
KARACHI: Chief Minister Sindh Syed Murad Ali Shah on Friday announced a budget of Rs3.056 trillion for the fiscal...
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KARACHI: Chief Minister Sindh Syed Murad Ali Shah on Friday announced a budget of Rs3.056 trillion for the fiscal...
Professional tax is a tax levied by the state government and the income tax act allows an deduction of professional tax actually paid from gross total income of the individual. Unlike TDS professional tax is not refunded if the individual's net income tax liability is less than the tax amount or nil.
Associations call for immediate withdrawal of professional tax
Even if an employee is working from his/her home they need to pay professional tax if their office is registered in a state where professional tax is levied. There could even be situations where an employee is working from home in a state which does not levy professional tax, yet the employee has to pay professional tax. There could be other such situations also. Read here to find out.
Professional tax has to be paid to the State government by every individual earning over a certain monetary limit in 21 states in India. It is only when someone earns an income in any Union Territories and some states like Delhi, Uttar Pradesh, others that they need not pay any professional tax.