What is professional tax and why is it collected?
For businesses operating in India, maintaining payroll compliance with tax regulations is paramount. In addition to the income tax imposed by the central government, various other taxes are levied by state governments.
Professional tax is one such regulation, with each state setting its own deduction cycle and deduction amount. In this infographic, we will provide an overview of professional tax to help you understand the basics of this statutory deduction.
Refer to our detailed guide on professional tax to understand more about the applicability of professional tax, its registration, and payment processes.
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