Private Limited Company registration
H Block, Plot No 55, Sector 63, Noida, 1, Noida, 201301
09599553498
corpbiz
The
nomenclature ‘Professional tax’ sometimes fails to deliver its actual meaning.
It is a tax which is levied on all kinds of professions, trades, and
employment. The tax is applicable based on the income of such a profession,
trade, and employment. In fact, business persons, freelancers, etc are liable
to pay tax once their income increases the monetary threshold. Unlike income
tax which is imposed by the central government, professional tax is imposed by
the state government. Though, states like Delhi, Haryana, and UP are exempted
from professional tax.
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