1. Professional Tax Deduction for Chennai In Oracle
In Oracle, PT for Chennai is currently being deducted as per the following slab structure:
Monthly Salary (₹) | Professional Tax (₹ per half-year) | Annual PT (₹) | Monthly Deductions | Monthly Deductions | Monthly Deductions | Monthly Deductions | Monthly Deductions | Monthly Deductions |
|---|---|---|---|---|---|---|---|---|
|
|
| April | May | June | July | August | September |
Up to 21,000 | Nil | Nil | 0 | 0 | 0 | 0 | 0 | 0 |
21,001 – 30,000 | 180 | 360 | 30 | 30 | 30 | 30 | 60 | 0 |
30,001 – 45,000 | 425 | 850 | 71 | 71 | 71 | 71 | 141 | 0 |
45,001 – 60,000 | 930 | 1,860 | 155 | 155 | 155 | 155 | 310 | 0 |
60,001 – 75,000 | 1,025 | 2,050 | 171 | 171 | 171 | 171 | 341 | 0 |
Above 75,001 | 1,250 | 2,500 | 208 | 208 | 208 | 208 | 418 | 0 |
The deductions are distributed monthly in Oracle, and in the majority of cases falling under the highest slab, an amount of ₹208 is deducted monthly as per the configured calculation logic.However, the client’s legacy system deducts a flat ₹200 per month (for highest Slab) and they have requested confirmation on whether the PT deduction methodology followed in Oracle is legally compliant with the applicable local tax regulations.