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Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
Section 6 requires that people are paid in money rather than in kind. The law also provides the tax withholdings the employer must deduct and pay to the central or state government before distributing the wages. [22] The Minimum Wages Act 1948 sets wages for the different economic sectors that it states it will cover. It leaves a large number ...
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A discarded slice of birthday cake has unexpectedly sparked outrage among a group of friends. In a post on Reddit's "Am I the A------" forum, a 41-year-old man explained that a "weird" conflict ...
One is employee’s contribution which is to be deducted from employee’s salary / wages and another is employer’s contribution which is to be added by the employer every month. However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per ...
A former ballerina was sentenced to 20 years in prison Tuesday in the 2020 shooting death of her estranged husband in Florida. CBS affiliate WTSP reports that Ashley Benefield was sentenced to 20 ...
The overtime, plus her $164,477 base salary, pushed Epps’ total compensation past $400,000 — and made her the highest-paid NYPD employee. By comparison, her boss, Maddrey, made roughly ...