Ptrc for employees
http://www.differencebetween.info/difference-between-ptrc-and-ptec-registration-for-professional-tax-in-india#:~:text=The%20function%20of%20a%20PTRC%20is%20to%20allow,pay%20the%20company%E2%80%99s%20and%20their%20director%E2%80%99s%20professional%20tax. WebApr 22, 2024 · In the above case 4 employees are getting salary of more than Rs. 10,000 but one of the employee is employed from October 2024 which will be calculated as below: …
Ptrc for employees
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WebApr 22, 2024 · In the above case 4 employees are getting salary of more than Rs. 10,000 but one of the employee is employed from October 2024 which will be calculated as below: Total PTRC liability of 4 employees shall be (a + b) = 7500 + 1300= 8,800. So, total PTRC liability of Mr. X is Rs. 10,900 (1 + 2) Download PTRC Periodicity for FY 2024-22 WebFeb 15, 2024 · A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. Profession Tax Is Deductible Under Section 16 (iii) Of The Income Tax Act. According to Section 16 (iii) of the Income Tax Act 1961, the profession tax paid by an employee is allowed as a deduction from his/her gross salary income.
WebPeriodicity of the PTRC Dealers for F.Y. 2024-24 is available in "What's New" section. Please note 022-23760188 is Help-desk contact number of MGSTD. Regarding allocation of … WebOct 13, 2024 · There are two types of Profession Tax certificates that a company needs: the Professional Tax Registration Certificate (PTRC) is required for its role as an employer, …
WebAn employer organization is required to get registered and take profession tax number (PTRC). PTRC gives a power to the company to deduct Professional tax from the … http://ptrc.emrtc.nmt.edu/about-us.html
WebPeriodicity of the PTRC Dealers for F.Y. 2024-24 is available in "What's New" section. Please note 022-23760188 is Help-desk contact number of MGSTD. Regarding allocation of rights of PAN Correction, Password reset, Profile creation and non-core amendment on SAP System, please click on following link.
WebHence, a regular company required both, a PTRC and a PTEC, as by law it has to pay its own professional tax, as well as the professional tax for all its employees. However, in … is flat tax a good ideaWebA PTRC (Professional Tax Registration Certificate) is a document that is required for anyone engaged in business, profession, or calling. This document allows employers to deduct their employees’ tax. Those who are registered with the PTRC must also file a Form III-B return every year. The deadline for filing annual returns is 31 March, while ... is flat tax a good thingWebCompanies need employees with the right skills to stay competitive, and a location with a skilled workforce can provide a competitive advantage. A skilled workforce can also help attract new businesses to the area, creating more jobs and economic opportunities. ... 0044 PTRC CCUS Aquistore. 0044 PTRC CCUS Aquistore. 0043 ALX ten sizes . 0043 ... rz bearingWebApr 9, 2024 · The company serving as the employer must have a Professional Tax Registration Certificate (PTRC). The employer must withhold professional tax from the employee's remuneration when the employee's compensation exceeds Rs. 7500 per month. Organisations with directors must obtain a professional tax number. In the case of a full … rz contingency\\u0027sWeb66 rows · 2. Profession Tax Registration Certificate (PTRC) – This certificate should be obtained by every person including firms and HUF, having employees. There is no … rz group abWebApr 8, 2024 · Employees. Employees at PTRC include NMT full-time staff, contract employees, and temporary and emergency employees. The number of employees has almost doubled in the past two years and PTRC now … is flat the same as matteWebPTRC: Personnel Time Recorder: PTRC: Public Transport Regulatory Commission (Jordan) PTRC: Petroleum Technology Research Center: PTRC: Pre-Trade Risk Control (financial … is flat tax fair