Professional tax payment due date monthly

Claire Hardwick, USA TODAY June 15 is this week, which means if you don’t have taxes taken out regularly from your paycheck, you need to write Uncle Sam a check soon. America’s taxes are pay-as-you-go, so you must pay most of your tax during the year as you receive income, rather than paying at the end of the year. There are two ways to pay tax: withholding taxes from your pay, your pension, or certain government payments, such as Social Security, or making quarterly estimated tax payments during the year. The first payment covering Jan. 1 through March 31 was conveniently due on the tax deadline, If you don’t make timely payments, you'll be penalized and end up paying more. But how do you know how much you need to pay and if you even must pay? This guide will break it down for you and give you tips to make sure you’re following the law: Who must pay quarterly estimated taxes? Who pays? Usually, it's Even if you have taxes withheld from your paycheck, taxes also must be paid on income that’s generally not subject to withholding such as interest, dividends, capital gains, alimony and rental income. A rule of thumb to know if you must file quarterly individual estimated tax payments is if the following apply, according to the IRS: ◾ You expect to owe at least $1,000 in tax for the current year after subtracting your withholding and refundable credits. ◾ You expect your withholding and refundable credits to be less than the smaller of: 90% of the tax to be shown on your curre...

Monthly Salary Professional Tax Payment Due Date Forms Website Up to 1999 Rs Nil Half yearly 31st August and 28th February 2000 Rs – 2999 Rs 20 Rs / month 3000 Rs – 4999 Rs 30 Rs / month 5000 Rs – 7499 Rs 50 Rs / month 7500 Rs – 9999 Rs 75 Rs / month 10000 Rs – 12499 Rs 100 Rs / month 12500 Rs – 16666 Rs 125 Rs / month 16667 Rs – 20833 Rs 166 Rs / month 20834 Rs or Above 208 Rs / month Madhya Pradesh Professional Tax Details Monthly Salary Professional Tax Payment Due Date Forms Website Up to 7500 Rs Nil Last Date of Every Month Link 7501 Rs – 10000 Rs 175 Rs / month 10001 Rs or Above 200 Rs & 300 Rs ( in February) Note: Women employees whose salary is below 10000 Rs are exempted from professional tax Manipur Professional Tax Details Monthly Salary Professional Tax Payment Due Date Forms Website Up to 4166 Rs Nil 28th of Every Month • Form III • Form III A • Form VII C 4167 Rs – 6250 Rs 16.50 Rs / month 6251 Rs – 8333 Rs 25 Rs / month 8334 Rs – 12500 Rs 41.50 Rs / month 12501 Rs – 16666 Rs 62.50 Rs / month 16667 Rs – 20833 Rs 83.33 Rs / month 20834 Rs – 25000 Rs 104.16 Rs / month 25001 Rs – 29166 Rs 125 Rs / month 29167 Rs – 33333 Rs 150 Rs / month 33334 Rs – 37500 Rs 175 Rs / month 37501 Rs – 41666 Rs 200 Rs / month 41667 Rs or Above 208 Rs / month Nagaland Professional Tax Details Monthly Salary Professional Tax Payment Due Date Forms Website Up to 4000 Rs Nil 30th April Every Year Form V Link 4001 Rs – 5000 Rs 35 Rs / month 5001 Rs – 7000 Rs 75 Rs / month 7001 Rs – 9000...

• About • Product • Payroll Software • HRMS • Attendance Management • Leave Management • Goals & OKRs • 360 Degree Performance Management • Expense Reimbursement • Organization Chart • Concierge: HR Shared Services • Global Contractor Management System • Employer of Record India • Resources • Customer Success Stories • Agpaytech • Broomies • Pipli • Choksi Labs pvt ltd • Begig • Ofin Legal Pvt Ltd. • Simplify Work Podcast • Blog • Human Resources Human resources category • Payroll • Growth A business exists to achieve growth. The startup mantra is grow or die. That holds true for any business in today’s world. We look at tips, tricks and hacks for achieving growth in today’s world • Partners • CA Partner Program • HR Consultants Partner Program • Partner Directory • Pricing • India • International • Demo • Free Tools • Create Payslip Online • Offer Letter Software • Payroll Statutory Compliances Calendar • Salary Breakup Calculator • Sales Commission Calculator • Salary Increment Calculator • Covid 19 • Login • Get Started • Wondering how to calculate Professional Tax (PT) for running payroll? Are you confused about the payment and return filing of the professional tax? Drop all your worries as I have got you covered. ‘How’, you ask? Well, keep reading to unfold the ultimate guide to professional tax. In this blog:- • • • • • • • • • • • • • • • • • • • • • • What are the PT slabs in Telangana? • • • • • • • • • • • • • • • • • Professional tax is an indirect tax levied by...

What is PTEC ? PTEC stands for Professional Tax Enrolment Certificate. Professional Tax is collected by the State Government on Salaried and business people. This tax is in addition to any other taxes such as Income Tax, Indirect tax (GST) etc. Usually these registration is required to conduct business in Maharashtra & many other states. Business are required to pay Rs. 2500/- to Maharashtra Goverment as PTEC. When to apply for PTEC Registration ? Obtaining a PTEC Registration is mandatory within 30days from the start of Business/Practice or from the date of incorporation. Who is required to pay PTEC ? PTEC is mandatory for all who are engaged in Business or Profession. The following are mentioned below : • An Individual • A Hindu Undivided Family (HUF) • Company(Pvt Ltd, Public Ltd, OPC)/Firm/LLP/Co-operative Society/AOP/BOI, whether incorporated or not Usually the PTEC for salaried person are deducted from there Salary by Employer’s. Due date for payment of PTEC • In Respect of Persons enrolled on or before the 31st May : Tax is to be paid before 30th June • In Respect of Persons enrolled after 31st May : Tax is to be paid within one month from the Date of Enrollment For Example, If a person wants to pay PTEC for the Financial Year 2022-23, he should pay it on or before 30th June 2022 (If registered before 31st May 2022). Interest & Penalty for Non Payment of PTEC Interest : An Interest will be levied on delayed payment of Professional Tax (PTEC) i.e. 1.25% p.m. for the ...

Andhra Pradesh Professional Tax department has revised the date for Monthly PT remittance to 10 th of every month (It used to be 15th). Government of Andhra Pradesh ABSTRACT The Andhra Pradesh Tax on Professions, Trades, Callings and Employments Rules, 1957 – Notification – Amendment – Issued. REVENUE(CT-IV) DEPARTMENT G.O.Ms.No. 1629 Dated: 17 -08-2011. From CCT’s Ref.No.A/I(4)/94/2010, Dt.09-06-2011. ORDER: The following Notification will be published in en Extra-Ordinary issue of the Andhra Pradesh Gazette, Dated: -05-2011. NOTIFICATION In exercise of the powers, conferred by section 30 of the Andhra Pradesh Tax on Professions, Trades, Callings and Employments Act, 1957, the Governor of Andhra Pradesh herby makes the following amendment to the Andhra Pradesh Tax on Professions, Trades. Callings and Employments Rules, 1987, as subsequently amended from time to time. AMENDMENT In sub-rule (1) of rule 12 of the said rules, after the expression, ‘Form-V’, thy following shall be added at the end, namely,- “along with the payment of tax due, on or before 10th day of the month succeeding the month for which the return has to be Filed.”