What is Professional Tax? (Definition/Cost/Penalties)
What is Professional Tax? (Definition/Cost/Penalties)
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📢 What is Professional Tax? Who has to pay it? 🤔💰 Did you know that Professional Tax (PT) is levied by state governments on salaried employees, freelancers, and business owners? 🏦 But not all states impose this tax! ✅ Who Pays Professional Tax? 🔹 Salaried employees (Deducted by employers) 🔹 Self-employed professionals (CA, doctors, lawyers, etc.) 🔹 Businesses and traders ⚡ Key Highlights: 👉 Maximum PT payable: ₹2,500 per year 👉 Different rates in different states 👉 Some states (like De
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