Legal and Compliance Executive Interview Questions and Answers

Professional tax is a tax levied by state governments on salaried individuals and professionals.

• Professional tax is a state-level tax imposed on individuals who earn a salary or are engaged in a profession.

• The tax amount varies from state to state and is usually deducted by the employer from the employee's salary.

• It is mandatory for employers to register for professional tax and deduct the tax from employees' salaries.

• The collected tax is then paid to the respective state gov...read more