What's the difference between Income Tax and P.Tax?



What's the difference between Income Tax and P.Tax?..

Answer / kumaran

Income tax is a direct tax which is payable on income earned
as per the income tax slab. Professional tax is a tax on
profession, collected by the employer from Employee salary as
per the statement government rule applicable time to time.

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Taxation Interview Questions

if my basic salary is Rs. 6000/-. then how much money deposited in A/c no 1;2;10;21& 22.pls show me the calculation in details.

2 Answers  


709,001 690,388 940,645 46,435 16,651 8,316 755,436 707,039 948,961 3.17% 2.98% 2.53% 3.66% 1.31% 0.66% solve it

1 Answers  


What is the rate of CST without any form on Poplpropelene yarn to be sold out of Uttarakhand

2 Answers  


What is the Tax Deduction at Source for the year 2008-09 ?

8 Answers  


Ina earth work excavation and filling work , wct is applicable?

1 Answers   AVM Associates,






1> how can calculate tax for provide service? 2> how can calculate vat for selling product?

2 Answers  


Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.

0 Answers   Wipro,


Whether Luxury Tax is applicable for ICU Bed charges..

1 Answers   Apollo,


what is exice duty-mening,heads,rates for 2008-09 year,procedure,when it is filled,complete information about exice duty?

0 Answers  


what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

0 Answers  


What are direct taxes

3 Answers  


How to Calculate the ESI,PF?it is basic Salary or Gross Salary?

97 Answers   ACME, Airtel, ESI, FMCG, GOMS, Goyal Group, Goyal Motors, Gurukul, HCCBPL Hindustan Coca-Cola Beverages Private Limited, InfraTech, Kalanikethan, Nagarjuna Construction, Orchid Manpower, Srishti infrabuild, Wipro,


Categories