Saturday, 23 December 2017

calculation of professional tax

Normally professional tax in not applicable all over the country but there are some state where the government take professional tax 

Karnataka,
Bihar
West Bengal,
AndhraPradesh,
Telangana
Maharashtra,
Tamil Nadu
Gujarat,
Assam
Kerala,
Meghalaya,
Odisha
Tripura
Madhya Pradesh
Sikkim.

 Professional tax caluclted on two basis  1. Professional Tax on Total Salary.

2. Professional Tax on Basis Salary.

So Here is the Exanple

Formula:                                                                                                                                 =IF((E7>=$A$2)*(E7<=$B$2),$C$2,IF((E7>=$A$3)*(E7<=$B$3),$C$3,IF((E7>=$A$4)*(E7<=$B$4),$C$4,IF((E7>=$A$5)*(E7<=$B$5),$C$5,IF((E7>=$A$6)*(E7<=$B$6),$C$6))))) 



($ it is the sign that fix the cell, select the cell and press F4 or Fn+F4)





2. Calculation of professional Tax according to the basis salary


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calculation of professional tax

Normally professional tax in not applicable all over the country but there are some state where the government take professional tax  Kar...