Professional Tax

Slab Rate of Professional Tax Statewise Let us now see how much PTRC is levied in various states. 1. Andhra Pradesh& Telangana Monthly Salary Professional Tax Levied (P.M) Up to Rs 15,000/- Nil Rs 15,001-Rs 20,000/- Rs 150 Rs 20,001/- or Above Rs 200 2. Assam Monthly Salary Professional Tax Levied (P.M) Up to Rs 10,000/- Nil Rs 10,001- Rs 14,999/- Rs 150 Rs 15,000- Rs 24,999/- Rs 180 Rs 25,000/- or Above *Rs 208 & 212 *Professional Tax is payable @Rs 208 for first 11 months and Rs 212 in the last month. 3. Bihar  Monthly Salary Professional Tax Levied (P.M) Up to Rs 25,000/- Nil Rs 25,001-Rs 41,666/- Rs 83.33 Rs 41,667-Rs 83,333/- Rs 166.67 Rs 83,334/- or Above Rs 208.33 4.C hattisgarh MonthlySalary Professional Tax Levied (P.M) Up to Rs 12,500/- Nil Rs 12,501-Rs 16,667/- Rs 150 Rs 16,668-Rs 20,833/- Rs 180 Rs 20,834-Rs 25,000/- Rs 190 25,001/- or Above Rs 200 If required more detail on Professional tax, click on below link mahaprofessionaltax.blogspo...

Professional Tax Profession tax  is the tax levied and collected by the state governments in India. It is regulated under  The Maharashtra State Tax on Profession, Trades, Callings and Employments Act, 1975. It is an indirect tax . A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. are required to pay this professional tax. Different states have different rates and methods of collection. In India, profession tax is imposed every month. Applicable on which State -          The states which impose professional tax are Punjab, Uttar Pradesh, Karnataka, Bihar, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, Jharkhand and Sikkim. And for further detail about slab rate of PTRC, click on below link https://mahaprofessionaltax.blogspot.com/2020/03/slab-rate-of...