Profession Tax Rates In Maharashtra

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This form of tax is in practice for a long time and States were conferred the power of levelling the Tax under Clause (2) of Article 276. The rate at which Professional tax is charged is based on the Income Slabs set by the respective State Governments. However the maximum Professional Tax that can be levied by any State.

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In case of insolvency resolution, negotiations between the debtor and creditors will be supervised by an insolvency professional. On the issue of whether the Maharashtra Relief Undertaking Act (MRU Act) will prevail over the.

Pay your taxes conveniently through us. The Reserve Bank of India and the Central Board of Direct Taxes have authorised us to collect all direct taxes ( Corporation Tax and Income Tax). You can now pay your income and corporate tax without any hassels. Maharashtra Sales Tax; Bullet Madhya Pradesh Cyber Treasury.

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Mar 20, 2017. The budget proposed to hike VAT rate on country and foreign liquor to 25.93% from 23.08% from April 2017.Meanwhile, tax on weekly lottery has been. As per the budget, Profession Tax assessment for unregistered period reduced from eight years to four years.Profession Tax responsibility of an agent on.

2 responses to “Revised CGST Rates to give effect to GST council decisions notified”

May 11, 2016. Karnataka, West Bengal, Andhra Pradesh, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Orissa, Tripura and Madhya. The professional tax is usually a slab-amount based on the gross income of the professional. For example, PT Rate for the state of West Bengal is:.

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Even as saffron outfits are spearheading re-conversion programmes across the country to bring everyone under Hinduism, thousands of OBCs in rural Maharashtra are mulling a “ghar wapsi” of another sort. About 6,000 Other.

PT is a tax which is levied by the State on the Income earned by the way of profession, trade, calling or employment. This tax is levied based in slab rates depending on the Income of individual. This tax is just like Income Tax except for the fact that Income tax is collected by Central Govt and Professional tax is collected by.

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Different states have different rates and methods of collection of Professional Tax. In India, professional tax is imposed at the state level. However, not all states impose this tax. The states which impose professional tax are Karnataka, Bihar, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat,

The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.

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RATE SCHEDULES UNDER THE PROFESSION TAX ACT, 1975 SCHEDULE I (SEE SECTION 3) Schedule of Rates of Tax on Professions, Trades, Callings and.

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VI. Postface. The rate of tax on services provided by professionals has undergone an increase from 15% in the erstwhile service tax era to 18% in the GST regime which.

Q.1 Please explain the scheme of “in transit sale” covered by section 6(2) of CST Act, 1956? Ans.: Section 3(a) of CST Act,1956 defines the interstate sale.

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Sep 1, 2015. 1, COIMBATORE (TAMIL NADU) [Half – Yearly], Amount(Rs.) Half Yearly Income. Total Income = upto 21,000, Nil. Total Income = 21,001 to 30,000, 127. Total Income = 30,001 to 45,000, 317. Total Income = 45,001 to 60,000, 634. Total Income = 60,001 to 75,000, 950. Total Income = 75,001 & above, 1250.

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