the technicalities of the subject.
Professional tax is the tax that you on the monetary financial gains that you have attained by virtue of providing to a client/patient. Professional services are those which deal in intangible services rather than tangible goods.
For example a doctor gives consultation to his patients, an architect provides design service to his clients, a layer gives his advice on legal matters, CA's do the accounting for their clients. All these services are not in form of goods but they do help a person in furthering his or her interests as the case might be.
Following professions are included in professional services:
1. Architect
2.Lawyer
3. Doctor
4. CA's
5.fashion desiners
6.LIC agents
7. hair stylists
Basically anyone who provides a service which does not usually involve sale and purchase of items and/or goods comes under the professional category.
Professional tax is to be paid by the client and is about 9% of the total cost of the services rendered. This tax is usually added along with the bill of the services which is given for the services rendered by the professional. However in India most clients don't pay this tax owing to the chalta hai, attitude.
vinay mohanty
Professional tax is the tax that you on the monetary financial gains that you have attained by virtue of providing to a client/patient. Professional services are those which deal in intangible services rather than tangible goods.
For example a doctor gives consultation to his patients, an architect provides design service to his clients, a layer gives his advice on legal matters, CA's do the accounting for their clients. All these services are not in form of goods but they do help a person in furthering his or her interests as the case might be.
Following professions are included in professional services:
1. Architect
2.Lawyer
3. Doctor
4. CA's
5.fashion desiners
6.LIC agents
7. hair stylists
Basically anyone who provides a service which does not usually involve sale and purchase of items and/or goods comes under the professional category.
Professional tax is to be paid by the client and is about 9% of the total cost of the services rendered. This tax is usually added along with the bill of the services which is given for the services rendered by the professional. However in India most clients don't pay this tax owing to the chalta hai, attitude.
vinay mohanty
Hey any one can please let me know what is proficient duty? What is standards. what is money related year limit? Step by step instructions to apply in thie PT for Salary RS.5000 to 8000, Rs.8000 to 10000. Rs.10000 to additional, what is conclusions.
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