cancel
Showing results for 
Search instead for 
Did you mean: 

Can Anyone help me on below Madhaya Pradesh Professional Tax Issue?

Former Member
0 Kudos

Hi,


Employee belongs to Madhya Pradesh. Employee gross salary is 14, 435 per month. As per MP Professional Tax slab, Employee P Tax Should   be    125 per month.  System did not calculate Ptax   from   April 2015    to Oct 2015. However  system Calculated 


Ptax  500  in November month ,             

500 in  December  month  and   also 

500 in Jan  month. ?



Please help me to understand  why system is calculating  wrongly  for Only one employee....



Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

issue resolved.

As per MP Professional Tax slab , if employee salary more than 180,000 then PTax is 2500 per year.But upto November below employee salary is 1, 73,220 ( Which Ptax is Nill)  per year.  He has got 13, 675  as a bonus in  November month. then total gross salary exceeded  1,80,000.

P tax Calculation From Nov Month:

                                                         =  (Professional tax ) 2500 / Remaining periods in financial year

                                                        =   2500 /  5  (  Nov, Dec, Jan, Feb, March )

                                                         =   500

Answers (0)