Last date to pay your tax
Posted on: 06/Sep/2014 4:30:50 PM
Alert people, its time to sort out your incomes and pay tax to the government. According to a recent announcement made by the Chennai Corporation, all salaried individuals, private companies and establishments are ought to pay their half-yearly profession tax by or before September 30.
Tax payment can be done either as cheque or Demand Draft. It should be in favor of the Revenue office, say officials at Chennai Corporation. Necessary action will be taken against all those who do not pay their taxes, says a recent release from the corporation.
According to Section 138C of the Tamil Nadu Municipal Laws, it is mandatory for any company deals a business and individuals working in any prof ession to pay their taxes. Those who are liable to pay tax has to get it done before September 30 and March 31 every year.
To note, tax revision was recently stipulated by the Tamil Nadu Municipal Act and the recent hike in tax was made in Chennai in 2009.
