Need A Financial Product Forums Tax Savings What is a professional tax?

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    Gaurav Pal

    What is a professional tax?


    Vijay Thakur

    If a person is earning professional then he is liable to pay professional tax. Professional tax comes under the jurisdiction of respective Municipal corporations. Almost every state of Indian union imposes professional tax in their jurisdiction. The professional tax is paid by every employee working in private institutions. The employers of the private organisations deduct professional tax every month and remit it to the municipal corporation. Professional tax is also a mandatory tax just like income tax of an individual.

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