Professional Tax (PT) Registration in Bangalore
Welcome to TaxadvisorIndia a Professional Tax Registration Service in Bangalore. We are committed to providing Professional Tax Registration Service in shortest possible time through our dedicated office for Professional Tax Registration service in Bangalore.
Professional Tax(PT)is a tax which is levied by the state on the income earned by professionals, including chartered accountants, lawyers, and doctors. This tax is imposed based on slab rates depending on the income of the individual. This slab rate is decided by the state government; hence, it varies from state to state. Any amount paid as Professional Tax to the state government is permitted as a deduction under Section 16 of the Income Tax Act.