3 weeks ago

Chennai Corporation sets September 30 deadline for professional tax remittance

Chennai Corporation sets September 30 deadline for professional tax remittance
Chennai corporation sets September 30 deadline for employers to remit professional tax · thehansindia.com

The city of Chennai has a special kind of tax called professional tax that workers pay to the city government.

The tax amount depends on how much money a worker earns.

People who earn very little money do not have to pay this tax.

Employers, like companies and offices, are responsible for taking this tax out of their workers' salaries.

Then the employers have to give that money to the city's government office.

The city has set a deadline for employers to send this money by the 30th of September.

Employers must send the money through a bank transfer to a special account.

They also need to fill out some forms to show how much tax they collected.

If employers do not follow these rules, they could get in trouble and face penalties.

Key facts

Issuing authority
Greater Chennai Corporation (GCC)
Payment deadline
September 30
Tax exemption limit
Half-yearly gross income up to Rs 21,000
Maximum tax payable
Rs 1,250 per half-year
Highest slab threshold
Half-yearly gross income above Rs 75,000
Legal basis
Section 117-C, Tamil Nadu Urban Local Bodies Act, 1998; Rule 277(2), Tamil Nadu Urban Local Bodies Rules, 2023
Payment method
NEFT to IDFC FIRST Bank, using organisation's PT NAN as account number
Required documents
Form-15 details and Form-14 recovery return (Rule 278)

Sources

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