Calculation of Professional Tax
Herea are two method of calculation of professional tax.
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
Salary of Employee's
|
|||||||||
Emp. Code
|
Basic
|
HRA
|
Conveyance
|
Total
Salary
|
If
Professional Tax on Basic Salary
|
Salary
Range
|
Professional
Tax Slab
|
||
1
|
3,000.00
|
1,500.00
|
800.00
|
5,300.00
|
Nil
|
-
|
3,000.00
|
Nil
|
|
2
|
5,000.00
|
2,500.00
|
800.00
|
8,300.00
|
130.00
|
3,001.00
|
4,500.00
|
70.00
|
|
3
|
4,100.00
|
2,050.00
|
800.00
|
6,950.00
|
70.00
|
4,501.00
|
5,500.00
|
130.00
|
|
4
|
15,000.00
|
7,500.00
|
800.00
|
23,300.00
|
800.00
|
5,501.00
|
10,000.00
|
200.00
|
|
5
|
12,540.00
|
6,270.00
|
800.00
|
19,610.00
|
800.00
|
10,001.00
|
1,00,000.00
|
800.00
|
|
6
|
14,500.00
|
7,250.00
|
800.00
|
22,550.00
|
800.00
|
||||
7
|
3,000.00
|
1,500.00
|
800.00
|
5,300.00
|
Nil
|
||||
8
|
30,000.00
|
15,000.00
|
800.00
|
45,800.00
|
800.00
|
||||
9
|
16,500.00
|
8,250.00
|
800.00
|
25,550.00
|
800.00
|
||||
10
|
45,000.00
|
22,500.00
|
800.00
|
68,300.00
|
800.00
|
||||
11
|
40,000.00
|
20,000.00
|
800.00
|
60,800.00
|
800.00
|
||||
Salary of Employee's
|
|||||||||
Emp.
Code
|
Basic
|
HRA
|
Conveyance
|
Total Salary
|
If Professional Tax on Total Salary
|
Salary Range
|
Professional Tax Slab
|
||
1
|
3,000.00
|
1,500.00
|
800.00
|
5,300.00
|
Nil
|
-
|
6,000.00
|
Nil
|
|
2
|
5,000.00
|
2,500.00
|
800.00
|
8,300.00
|
70.00
|
6,001.00
|
15,000.00
|
70.00
|
|
3
|
4,100.00
|
2,050.00
|
800.00
|
6,950.00
|
70.00
|
15,001.00
|
25,000.00
|
130.00
|
|
4
|
15,000.00
|
7,500.00
|
800.00
|
23,300.00
|
130.00
|
25,001.00
|
30,000.00
|
200.00
|
|
5
|
12,540.00
|
6,270.00
|
800.00
|
19,610.00
|
130.00
|
30,001.00
|
1,00,000.00
|
800.00
|
|
6
|
14,500.00
|
7,250.00
|
800.00
|
22,550.00
|
130.00
|
||||
7
|
3,000.00
|
1,500.00
|
800.00
|
5,300.00
|
Nil
|
||||
8
|
30,000.00
|
15,000.00
|
800.00
|
45,800.00
|
800.00
|
||||
9
|
16,500.00
|
8,250.00
|
800.00
|
25,550.00
|
200.00
|
||||
10
|
45,000.00
|
22,500.00
|
800.00
|
68,300.00
|
800.00
|
||||
Formula is =
| ||||||||||||||
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