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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.
The regulations may vastly differ from state to state. The forms and procedures used will be different in each state. The Central Government is in the process on simplifying these multiple state laws into 4 Labour Codes. They are Code on 1. Wages, 2. Social Security and Welfare, 3. Industrial Relations, 4.
The Minimum Wages Act 1948 is an act of parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled workers.. The Indian Constitution has defined a 'living wage' that is the level of income for a worker which will ensure a basic standard of living including good health, dignity, comfort, education and provide for any contingency.
1 year, 226 days Indian National Congress: Antulay: Abdul Rahman Antulay: 16 Bhagwantrao Gaikwad (MLA for Kalameshwar Constituency No. 52- Nagpur District (Legislative Assembly) 21 January 1982 02 February 1983 1 year, 12 days Indian National Congress: Bhosale: Babasaheb Bhosale: 17 S. M. I. Aseer (MLA for Ahmednagar South Constituency No. 223 ...
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 ...
3. Speak to a Therapist. Food noise doesn’t just affect your physical health — you may find it affects your mental health too. If you’re experiencing symptoms of anxiety or depression — or ...
The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.
The temperature drops from 6 degrees to 3 to 1. A road sign reads “Pass With Care.” Cell phone bars vanish one by one, until there are none. Fischer and his mother view these monthly trips as a chance to make up for lost time. Anderson gave birth to him 15 years after her first-born son and a decade after her daughter.