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Calculation of PT for cities in Tamil Nadu#

The professional tax slab structure followed in Tamil Nadu on a half yearly basis is formulated as follows. Half-year will be from the 1st day of April to the 30th day of September and from the 1st day of October to the 31st day of March of a year.

• Less than Rs.21000 Nil
• Between Rs.21001-Rs.30000 Rs.75
• Between Rs.30001-Rs.45000 Rs.188
• Between Rs.45001- Rs.60000 Rs.390
• Between Rs.60001- Rs.75000 Rs.585
• Beyond Rs.75001 Rs.810

Points to consider while configuring PT for a particular state laws

• Incase of employees working in different locations in various states, the PT slab will be have to configured as per each State's laws.
• In such cases, where the employee's PT needs to be calculated across different states, the application will use PT Lookup for the appropriate location
• Apart from the regular PT component, under Deductions Items, you will have to create a component as State's name PT and assign relevant calculation fields.
• As of now three calculation fields will have to be created :
  1. Prorate PT - in this case, the PT will be calculated on monthly basis.
  2. PT - this is half yearly calculation of PT.
  3. Accumulated Gross - this will calculate the PT for 6 months on the salary component to which PT has been assigned. For example: Tax-Basic.

To configure the application for calculating Tamil Nadu PT

1. Go to System > Payroll Configuration
2. Look for the newly added Calculation Fields > Tamil Nadu PT
   1. Prorate PT - In this case, the PT will be calculated on monthly basis.
   2. PT - This is half yearly calculation of PT.
   3. Accumulated Gross - This will calculate the PT for 6 months on the salary component to which PT has been assigned. For example: Tax-Basic.
3. Configure the Agent Info of these calculation fields as below :
   1. Start month : Beginning of the first month of the financial year, i.e April
   2. Change Over period : The number of months after which the second half of the year would begin.
   3. Parent Item, Projection Item and PT Lookup : These are the details of the components for which PT is applicable and the location specification.
   4. Deduct Last month PT the in previous month : This will calculate the PT of all the defined months on the last but one month of the tenure (including the last month). For example: PT from April to September will be deducted in August month's salary including that of September month.
   5. Click Save to save the details.
4. Now look for the newly created component under Net Pay > Total Deductions > PT Tamil. Under Agent Info define the Formula Agent as PRORATE(PT) or PT or Accumulated Gross which will pick up the appropriate calculations as listed above.