Professional tax madhya pradesh

[Former Member]

Hi experts

Currently I am working on an issue related to professional tax madhya pradesh. Its a year old issue where the ptax calculation is going wrong since April 2013. As per my analysis, whenever the retroactive payroll for employees was run, ptax for those employees was calculated wrong. I have no idea what is going wrong. the system is picking up correct basis amount, that is the gross salary but ptax is calculated wrong sometimes in negative also. Please help.

[Former Member]

Hi ,

Before  2013 MP  Prof Tax slab is different ...

If employee more than 12,500 and less then 15000 then system deduct 125 per month .

now current situation employee have more then 15,000 salary then system deduct 208 Per Month .

If system go retro he find the employee under the range of 15000 paid Ptax for current he is not eligible .

System give the Negative ...

Any confusion revert me back..

[Former Member]

Hi sandeep.

The Ptax for MP is a bit confusing. While maintaining the slabs we configure annual Ptax whereas the Ptax is deducted on monthly basis. Does that mean if an employees monthly gross is less than 15000 then ptax wont be calculated. Can you tell me the crux of Ptax MP?

[Former Member]

yes, if gross is less than 15K no ptax deduction for that month.

[Former Member]

Thank you Praneeth. What if an employees gross keeps on fluctuating? eg: For April 15k and for may 14.5k? Because the law says that if annual gross is more than 1.8lac then Ptax of Rs 2500. but if an employees salary keeps on fluctuating then it wont accumulate to 1.8lac. can you please tell me the crux of Ptax MP?

[Former Member]

if employee salary is 15K or more in any month, then only it will deduct according to the Ptax tables configurations.

[Former Member]

Hi,

Ptax MP is some what different from remaining states. it is deducted only once in the year March.

need some information regarding the configuration:

in your company ptax deduction is yearly once or changed to every month.

in retro system will check the new values and old values and depends on that slab will deduct and it may more or less to the earlier run value. that's why it is coming negative values.

if you give some example with screen shots what you are facing, is helpful to us to suggest any solution.

Regards,

praneeth kumar

[Former Member]

Thanks praneeth.

The slab code maintained is yearly one but the ptax is deducted every month.
This is the slab config.

This is an employee for whom retro is run from ! st june 2011 on 1st july 2013

[Former Member]

Hi,

Ptax slab is different in your screen shot.

0          -  150000 - 1055

150000 -  180000 - 1500

180000 -  9999999 - 2500

And from 01.04.2010 on-wards MP03 slab code is assigned.

your configurations are fully different from actual configurations.

Regards.

[Former Member]

Will you please send me actual configurations

[Former Member]

This the govt notification. And the slab codes in my system are according to it. What do you suggest

[Former Member]

These are the slabs according to government.

[Former Member]

Hi,

old ptax slabs are up to 31.03.2013

new tax rates are from 01.04.2013 on-wards.

MP03	1	10,000.00	0.00
MP03	2	12,500.00	0.00
MP03	3	15,000.00	1,500.00
MP03	4	9,999,999.99	2,500.00
MP04	1	10,000.00	0.00
MP04	2	12,500.00	0.00
MP04	3	15,000.00	1,500.00
MP04	4	9,999,999.99	2,500.00