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Pt interest rate in maharashtra

WebInterest on late payment of tax. (Sec. 9) The interest for late payment of tax or any additional demand of tax raised in assessment is 1.25% p.m. with effect from 1-7-2004 (2% p.m. up to 30-6-2004.) Interest on refund of excess payment of tax (Sec. 19A) If any refund is due from any order in respect of period 1.4.2004 and onwards then WebEmployers are required to deduct Profession Tax, at prescribed rates, from salary/wages paid to employees, and to pay the tax to State Government on behalf of employees. Employer is liable to pay tax irrespective of deduction. (S.4) Where any employee is covered by one or more entries other than entry 1 in Schedule I and rate of tax under any ...

Professional Tax in Maharashtra Professional Tax Slab Rate

WebMay 1, 2024 · Ans: Interest on delayed payment of both PTRC and PTEC payments for first month is @ 1.25% p.m., for next two months is @ 1.50% p.m. and thereafter is @2% p.m … WebJan 30, 2024 · As per the act, if an employer fails or delays the profession tax payment, he is liable to pay simple interest at the rate of 2% per month of the amount of tax due. … galesburg il 10 day forecast https://wrinfocus.com

Maharashtra Professional Tax : Pay Online - Compare

WebFeb 15, 2024 · Maximum Profession Tax Amount. A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under … WebOct 12, 2010 · Due dates for payment of Profession Tax and for filing the returns in Maharashtra:-For the persons holding Enrolment Certificate - 30th June. For any delay in … WebProfessional Rates: Salary (INR) PT Amount: Remarks: Upto 7500 ₹ 0.00: Nil: Between 7501 To 10000 ₹ 175.00: Nil for Women: Above 10001 ₹ 200.00: Above 10001 ₹ 300.00 black box bike carrier

Maharashtra Professional Tax Slab Rate, Latest News

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Pt interest rate in maharashtra

Maharashtra Professional Tax Slab Rate, Latest News

WebApr 1, 2024 · With effect from 1-5-2024, Interest is chargeable @ 1.25% p.m. or part thereof for delay in payment of tax up to one month. Thereafter, for second and third month … WebSep 24, 2014 · Interest Rates on Small Savings Schemes 2024-23 February 26, 2024; Income Tax Slabs & Rates for Financial Year 2024-24 (AY 2024-25) February 2, 2024; Atal Pension Yojana (APY) to be discontinued for Taxpayers August 31, 2024; Income Tax Comparison New vs Old: FY 2024-23 May 19, 2024; State-wise Professional Tax (PT) Rates FY 22-23 …

Pt interest rate in maharashtra

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Web“ (1) The rates of interest for the purposes of sub-sections (1), (2) and (3) of section 30 shall be one and a quarter per cent. of the amount of such tax, for each month or for part thereof,” WebMentioned below are the professional tax slab rates applicable for salaried and self-employed professionals in Maharashtra. The State Government of Maharashtra also …

WebRate of interest. (3) 1. Upto one month. One and a quarter per cent of the amount of such tax, for the month or for part thereof. 2. Upto three months. One and a quarter per cent of the amount of such tax, for the month or for part thereof for the first month of delay and one and a half percent of the amount of such tax, for each month or for ... WebBlock will be used to display browser versions to be supported by portal. Supports: Firefox 10.0+, Google Chrome 6.0+, Internet Explorer 10.0+, Safari 4.0+ Web Information Manager

WebLate filing of professional tax return will attract a penalty of Rs. 1,000. A penalty of 10% will apply in case of late payment of professional tax dues. Additionally, an interest on late … WebApr 3, 2016 · 03 April 2016 I understand from reading that penalty is for delay in obtaining PTEC ID and that in Maharashtra, that is Rs. 2/- per day. If this is the case, can I calculate …

WebList of Jurisdiction update cases during 1st December 2024 to 3rd January 2024. Jurisdictions for GST Registrations. Chit Fund Group Information at Nashik Division. GST Advance Ruling Procedure. GST Appeal for Advance Ruling Procedure. GST Refund Status. Trade Circular Regarding Profession Tax Late Fee waiver. Cancelled GSTIN cases.

WebProfession Tax Rates, Maharashtra. Monthly salaries or wages. Tax Rate. Upto ₹ 7,500. Nil. ₹ 7,501 to 10,000. 175 per month (Nil for women, Exemption upto Rs.10,000) ₹ 10,001 and … galesburg il accuweatherWebThis tax shall be paid by every person exercising any profession or calling or is engaged in any trade or holds any appointment, public or private. For the month of February, Rs.300 to be paid. Monthly Salary Range. PT/Month. Rs.1 to 7,500. 0. Rs.7,501 to Rs.10,000. For women employees. 0. galesburg il class 1973WebApr 23, 2024 · Periodicity for Paying Tax and Filing Return under PT Act for the F.Y. 2024-22 Instructions:‑. 1. Periodicity of the PTRC dealers who are required to Pay Tax and File Return Monthly or Yearly under PT Act is published by the Department and the list is kept in the Excel sheet attached under the head “PTRC Periodictiy_2024-22”. 2. galesburg hy vee pharmacyWebThe Professional Tax Slab Rates on Salary and Wages in Maharashtra are as follows:-Monthly Salary: Amount payable in Maharashtra: Less than Rs. 7500: Nil: Rs. 7501 to Rs. 10000: Rs. 175 pm: ... The Interest levied for late payment of this Tax in Maharashtra is 1.25% per month and the Maharashtra State Authority may also impose penalty @ 10% of ... galesburg houses for rentWebThe Professional tax Slab rates in Maharashtra on Salary/Wage earners for Male and Female are as follows: Professional Tax in Manipur Manipur levies the Professional tax at Rs. 208 … blackbox biometrics rochester nyWebApr 30, 2024 · Profession Tax Enrolment Amnesty Scheme 2016. Amendment to Maharashtra State Tax on Professions, Trade, Callings and Employment Act, 1975, by Maharashtra Act no. XV of 2016. Exemption of late fee u/s 6 (3) of the Maharashtra State Tax on Professions, Trade, Callings and Employment Act, 1975 to the Government aided … blackbox biometricsWebApr 11, 2024 · From Rs. 40001 – Rs. 60000. Rs. 510. From Rs. 60001 – Rs. 75000. Rs. 760. From Rs. 75001 and above. Rs. 1095. Similarly, there are different slabs and rates for the other states as well. For the month of February, the Professional Tax is a little higher than the rest of the eleven months in the year. blackbox blucastle bc