Latest Professional Tax Amendments in Maharashtra and other state.
What is Professional Tax?
A direct tax called professional tax is taken out of your gross wage by your company.Since this tax is imposed by the state government, it may differ depending on the state in which you reside.
Why Is Your Salary Deducted for Professional Tax?
Professional tax is deducted from our salary.
Since it is the employer's responsibility to collect and pay the tax with the state government, salary is deducted for professional tax. This promotes adherence to tax regulations and aids in the government's ability to collect money from those who pursue careers in professions, trades, and employment.
how to calculate professinal tax
Depending on the laws and regulations of the state or nation you are in, different rules and restrictions apply for calculating professional tax. In general, a professional tax is a charge that the state government imposes on people who work in specific professions, trades, or occupations. Normally the professiona tax is calculated on the basis of the slab of its state.
The latest professional tax amendments in Maharashtra have been implemented.
latest amendment to the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (in short PT Act). The Professional Tax Act has brought some relief to salaried individuals, especially women, as the new limits for professional tax have been revised.
Professional tax amendments in Maharashtra.
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| Female | Up to Rs. 10,000 | Rs. Nil | Rs. Nil |
| Female | Rs. 10,001 to Rs. 25,000 | Rs. 2500 per annum | Rs. Nil |
| Female | Rs 25,001 & above | Rs. 2500 per annum | Rs. 2500 per annum |
| Male | Up to Rs. 7,500 | Rs. Nil | Rs. Nil |
| Male | Rs. 7,501 to Rs. 10,000 | Rs. 175 per month | Rs. 175 per month |
| Male | Rs. 10,001 & above | Rs. 2500 per annum | Rs. 2500 per annum |
Do you know that different states charge different professional tax from the citizens of their state?
Let us know the professional tax slabs charged by some states.
ProfessionaL tax slab FY 23-24.
Professional Tax Slab in Karnataka.
| Monthly salary. | Tax per month. |
| Up to INR 15,000 . | NIL. |
| Above INR 15,000 . | INR 200. |
Professional Tax Slab in Andhra Pradesh.
| Monthly salary. | Tax per month. |
| Up to INR 15,000. | NIL. |
| From INR 15,001 to INR 20,000. | INR 150. |
| Above INR 20,001. | INR 200. |
Professional Tax Slab in Kerala.
| Monthly salary. | Tax per month. |
| Upto INR 11,999. | NIL. |
| INR 12,000 to INR 17,999. | INR 120. |
| INR 18,000 to INR 29,999. | INR 180. |
| INR 30,000 to INR 44,999. | INR 300 . |
| INR 45,000 to INR 59,999. | INR 450 . |
| INR 60,000 to INR 74,999. | INR 600. |
| INR 75,000 to INR 99,999. | INR 750 . |
| INR 1,00,000 to INR 1,24,999. | INR 1000 . |
| Above 1,25,000. | INR 1250 . |
Professional Tax Slab in Tamil Nadu.
| Monthly salary . | Tax per month. |
| Up to INR 21,000 . | NIL . |
| From INR 21,001 to INR 30,000 . | INR 135 . |
| From INR 30,001 to INR 45,000 . | INR 315 . |
| From INR 45,001 to INR 60,000 . | NR 690. |
| From INR 60,001 to INR 75,000 . | INR 1025 . |
| Above INR 75,000 . | INR 1250 . |
Professional Tax Slab in Gujarat .
| Monthly salary . | Tax per month . |
| Up to INR 5,999 . | NIL . |
| From INR 6,000 to INR 8,999 . | INR 80 . |
| From INR 9,000 to INR 11,999 . | INR 150 . |
Did you know? which State and Union Territories does not charge professional tax, let us know.
Professional Tax is not applicable in States and Union Territories.
Union Territories.
- Andaman & Nicobar
- Chandigarh
- Dadra & Nagar Haveli
- Delhi
- Puducherry
- Lakshadweep
- Daman & Diu.
State.
- Uttaranchal Uttar Pradesh
- Arunachal Pradesh
- Haryana
- Jammu & Kashmir
- Himachal Pradesh
- Punjab
- Rajasthan
- Nagaland
Professional tax is a mandatory tax levied by state governments on individuals who earn income from employment, professions, or trades. It is a source of revenue for the government and is usually a nominal amount. Employers are responsible for collecting and remitting the tax to the government, and failure to pay can lead to penalties and fines.
