Professional Tax Reports

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1. PT Monthly Statement:

   • This report provides a detailed monthly summary of Professional Tax (PT) deductions for employees for the selected month. It includes information on the total PT collected, the amount deducted from each employee, and the employer’s contribution (if applicable). This statement is useful for ensuring compliance with PT regulations and submitting the required filings to local authorities.

2. Professional Tax Slab Report:

   • The PT Slab Report outlines the tax slabs used to determine the Professional Tax (PT) deductions for employees based on their income levels. It details the tax structure and the corresponding PT deductions for various salary ranges. This report is helpful for understanding how the tax is calculated for each employee according to local tax laws and can be used for accurate payroll processing.

These reports ensure accurate tracking and compliance with Professional Tax regulations at both the individual employee level and for the organization as a whole.