State Wise Professional Tax Slabs & Rates
Professional Tax is levied by the State Governments in India on Individuals with Salaried Income, employed in Government or Non- Government sector, or practicing any profession, or carrying out any form of business activities. Professional Tax is levied based on the Income/Revenue earned by an Individual or Entity. However, the maximum levy of Professional Tax cannot exceed Rs 2,500/- in a Financial Year. State wise Professional Tax Slabs and Rates has been shared below.
In case of Salaried Individuals, Employers are responsible for deduction of the Professional Tax from the Salary of the respective Employees and deposit the same with the concerned authority. The deduction of Professional Tax is based on the PT Rates and Slabs notified by the Competent Authority. Employer is also required to file Annual Return at the end of the Financial Year. The link below shares additional information regarding Professional Tax.
Exemption is also provided in special case as per the discretion of the respective State Government. Failure to oblige with the requirements may attract Fine & Penalty in accordance with the Provisions of the Act.
State wise PT For the Current Financial Year 2019-20 is available in the link shared below.
State wise Professional Tax Rates and Slabs for the Financial Year 2018-19.
Exemption from Paying Professional Tax (As per the Act)
Any person suffering from a permanent physical disability (including blindness)
Parents or guardian of any person who is suffering from mental retardation.
Persons who have completed the age of 65 years.(60 years in case of Karnataka)
Parents or guardians of a child suffering from a physical disability as specified in clause (C) w.e.f 1.10.1996.
This article is for sharing personal views only. Readers are advised to research further and consult a Tax Expert to have more clarity on the topic.