What is PT and how to calculate it?

What is PT and how to calculate it?

Professional tax is imposed on salaried or employed person who is working in government as well as private sector enterprises. It is the deduction from the salary of an employee. It is a state based tax, and some state may impose it and some may exempt it. To calculate professional tax, first the taxable income is calculated. This is done by taking into account various deductions. After that, the tax on taxable income is calculated and from this, tax which is already paid is deducted and the remaining amount has to be paid as professional tax.