Professional Tax in Madhya Pradesh is levied by the Madhya Pradesh Vritti Kar Adhiniyam, 1955. Madhya Pradesh levies the Professional tax at Rs. 208 for 11 months and Rs. 212 for the last month.
How is the professional tax calculated in India?
Professional tax is calculated on the basis of predetermined slabs depending on the monthly or yearly salary. These slabs vary from state to state in India. Generally, it is Rs 200 per month provided the maximum PT in a financial year should not exceed Rs 2,500.
Which is the professional tax slab in Maharashtra?
The Professional tax Slab rates in Maharashtra on Salary/Wage earners are as follows: Women who earn the salary up to Rs. 10,000/- per month are exempted from paying Professional Tax Manipur levies the Professional tax at Rs. 208 for 11 months and Rs. 212 for the last month.
What is the professional tax rate in Manipur?
Manipur levies the Professional tax at Rs. 208 for 11 months and Rs. 212 for the last month. All such persons who are assessable under the Head Income from Salaries and/ or Wages as per the Income Tax Act, 1961. i.e., if the income of the individual is more than 2.5 Lakhs per year
What is the rate of professional tax in Meghalaya?
Women who earn Salary up to Rs.10,000/- per month are exempted from paying Professional Tax. Nil. Meghalaya Professional Tax is payable at the rate of Rs. 208/- for first 11 months and Rs. 212/- in the last month. Nil. Orissa Professional Tax will be payable at the rate of Rs. 200/- for first 11 months and Rs. 300/- in the last month.
Which is the best professional tax rate in India?
The following are the professional tax rates in key states in India: State Income per Month Tax Rate/Tax Amount (p.m.) Andhra Pradesh Less than Rs. 15,000 Nil Andhra Pradesh Rs. 15,000 to less than Rs. 20,000 Rs. 150 Andhra Pradesh Rs. 20,000 and above Rs. 200 Gujarat Up to Rs. 5999 Nil
