How much is the professional tax in Kerala?
Kerala Professional Tax Slab
Half Yearly Income | Half Yearly Professional Tax |
---|---|
Up to Rs. 11999 | Nil |
Rs. 12000 to Rs. 17999 | Rs. 120 |
Rs. 18000 to Rs. 29999 | Rs. 180 |
Rs. 30000 to Rs. 44999 | Rs. 300 |
How is professional tax calculated in Kerala?
As per the Kerala Municipal Act, 1994, it is mandatory to pay profession tax for all employees or who are drawing a half-yearly salary of more than Rs. 12,000….Kerala Profession Tax Slab & Rates.
Income Slab (half-yearly) | Profession Tax (payable half-yearly) |
---|---|
Upto Rs.11,999 | Nil |
From Rs.12,000 to Rs.17,999 | Rs.120 |
What is the turnover limit for professional tax?
All working and self-employed professionals whose monthly income is above Rs. 1000 need to pay professional tax in Karnataka. Professional earning less than Rs. 10000 need not pay any professional tax to the Karnataka Government.
How is profession tax calculated?
How Professional Tax is Calculated. A professional tax is calculated on the basis of your salary and predetermined slabs. You can have to pay anything between ₹ 200 to ₹ 2500 a month.
How can I avoid paying professional tax?
The following individuals are exempted to pay Professional Tax:
- Parents of children with permanent disability or mental disability.
- Members of the forces as defined in the Army Act, 1950, the Air Force Act, 1950 and the Navy Act, 1957 including members of auxiliary forces or reservists, serving in the state.
How is total salary calculated?
To calculate gross pay, take their total annual salary and divide it by the number of pay periods within the year. If a business pays its employees twice a month, that equals out to 24 pay periods within a year. Determine annual salary by determining the amount of money earned annually. It acts as the amount earned.
What is fixed monthly salary?
Fixed monthly salary = basic monthly salary + fixed monthly allowances. Basic monthly salary: This is payment that does not vary from month to month, regardless of employee or company performance, and regardless of whether the employee takes medical or personal leave. Examples include fixed food and housing allowances.
Is basic salary and fixed salary same?
FIXED AMOUNT “Basic salary is your base, fixed income. It does not include bonuses, benefits or any other compensation from employers,” said Rajat Mohan, senior partner, AMRG Associates. Paid on a monthly basis, your retirement benefit and HRA is linked to your base salary. “It is usually 35-50% of your CTC.
What is salary of stenographer?
SSC Stenographer Salary is different for the two grades for which the SSC conducts the recruitment, i.e. Grade C and Grade D….SSC Stenographer Grade C Salary.
Pay Scale | 9300-34800 |
---|---|
Pay Band | 4200 0r 4600 (Pay Grade 2) |
Initial Salary | 5200 |
Basic Salary | 14500 |
Is stenographer a good career?
Despite technology playing a large role in our lives, there is still a high demand for Stenographers. Their services are used in many fields such as courtrooms, government offices, in CEO’s offices, politicians, doctors and many more fields. A stenographer’s job is highly rewarding as the demand is high.