Professional Tax in Mizoram: Slabs & Filing Guide
Professional Tax in Mizoram – A Complete GuideWhat is Professional Tax? Professional Tax (PT) is a state-level tax imposed on individuals earning income through salaried employment, business, trade, or professions. In Mizoram, it is regulated by The Mizoram Professions, Trades, Callings, and Employments Taxation Rules, 1996.Applicability of Professional Tax in MizoramProfessional Tax is applicable to:Salaried Employees – Government & private sector employees.Self-Employed Professionals – Doctors, CAs, lawyers, engineers, consultants, etc.Business Owners & Traders – Shops, commercial establishments, and service providers.Professional [...]
Professional Tax in Nagaland: Complete Guide
Professional Tax in Nagaland – A Complete GuideWhat is Professional Tax?Professional Tax (PT) is a state-level tax levied on individuals earning income through salaried employment, business, trade, or professions. In Nagaland, it is governed by The Nagaland Professions, Trades, Callings, and Employments Taxation Act, 1968.Who is Liable to Pay Professional Tax in Nagaland?Professional Tax is applicable to:Salaried Employees – Government & private sector employees.Self-Employed Professionals – Doctors, CAs, lawyers, engineers, consultants, etc.Business Owners & Traders – Shops, commercial establishments, and [...]
Professional Tax in Madhya Pradesh – A Complete Guide
Professional Tax in Madhya Pradesh – A Complete GuideWhat is Professional Tax?Professional Tax (PT) is a state-imposed tax levied on individuals earning income through salaries, businesses, professions, and trades. In Madhya Pradesh, the tax is governed by The Madhya Pradesh Vritti Kar Adhiniyam, 1995 (Professional Tax Act). Applicability of Professional Tax in Madhya PradeshProfessional Tax in Madhya Pradesh applies to:Salaried Individuals: Employees working in private and government sectors.Self-Employed Professionals: Individuals engaged in business or professions like doctors, lawyers, accountants, and [...]
Professional Tax in Maharashtra – A Comprehensive Guide
Professional Tax in Maharashtra – A Comprehensive GuideWhat is Professional Tax? Professional Tax (PT) is a state-imposed tax levied on salaried individuals, self-employed professionals, and business owners. In Maharashtra, it is governed by the Maharashtra State Tax on Professions, Trades, Callings, and Employments Act, 1975. Applicability of Professional Tax in MaharashtraProfessional Tax applies to:Salaried Individuals: Employees working in private or government organizations.Self-Employed Professionals: Doctors, Chartered Accountants, Lawyers, Engineers, and Consultants.Traders and Business Owners: Shops, commercial establishments, and service providers. [...]
Professional Tax in Punjab: Complete Guide
Professional Tax in Punjab – A Comprehensive Guide Professional Tax (PT), officially referred to as the Punjab State Development Tax, is a state-level tax imposed on individuals earning income through salaries, professions, or businesses. It is governed by the Punjab State Development Tax Act, 2018 and administered by the Punjab State Taxation Department. The collected tax contributes to state development and public welfare initiatives and is mandatory for eligible individuals and entities. Who is Liable to Pay Professional Tax [...]
Professional Tax in Sikkim: A Complete Guide
Professional Tax in Sikkim – A Complete Guide What is Professional Tax? Professional Tax (PT) is a state-imposed tax on salaried employees, self-employed professionals, and businesses. It is deducted monthly from salaries and paid to the state government. Applicability of Professional Tax in Sikkim Sikkim levies Professional Tax under the Sikkim Tax on Professions, Trades, Callings, and Employments Act, 2006. The tax applies to: Salaried Employees (Government & Private sector) Self-Employed Professionals (Doctors, Lawyers, CAs, Consultants, etc.) Traders & [...]