In this article, we look at the various aspects fo gujarat professional tax in detail. Everything you need to know about professional tax. Professional tax in india statewise professional tax slab. Different states have varying methods of calculating professional tax. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total income between 50 lakhs and one crore rupees above 1 crore 15% surcharge.
Central taxes are collected by the central government such tax excise, igst etc. Professional tax in india is charged by some state governments. Laearn about professional tax see all the details like share subscribe email. The professional tax for some major states in india are andhra pradesh, maharashtra, gujarat, new delhi, karnataka, tamil nadu, madhya pradesh, west bengal. In this act, unless the context otherwise requires. Levied under article 276 2 of the indian constitution, professional tax is. Are senior citizen exempt from professional tax in gujarat. Professional tax is a tax levied on the income earned by salaried employees and professionals, including chartered accountants, doctors and lawyers, etc. Profession tax for the following categories will be calculated on a halfyearly basis. While some states might charge it as a percentage value, other states tend to charge it as a fixed amount based on income slabs. Professional tax rates for the financial year 201920 for the respective states has been discussed in this post.
In this post, we will see how the rates are applicable for different. As this tax is a state subject, the rate of profession tax varies from one state to another. This product smoothly carries out enteringimporting time sheet. The assam professions, trades, callings and employments taxation act, 1947. In this post, we will be discussing the professional tax slab rates for different states of india and penalties charged in case of any delay in the payment. Professional tax slabs state wise professional tax rates state wise. Professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920. Professional tax slabs state wise simple tax india. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975. In the long title, for the word state substituted by guj. The pt rates were changed for the state of west bengal for the financial year 201617. Madhya pradesh falls under the category of states that charge professional tax. Profession tax is the tax levied and collected by the state governments in india. This site makes no claim that the information available on its pages is correct and or uptodate.
Maharashtra professional tax slab rate, latest news. Surcharge and education cess see note income tax slab rates 201718 pdf download. It offers special privileges for women professional tax payers. Professionl tax rates in india there are two types of taxes one is central tax and other is state tax. Gujarat professional tax slab rate how to register.
West bengal professional tax slabs, rates, registration. Total amount of professional tax paid during the year is allowed as deduction under the income tax act. Professional tax is a tax levied at the state level in india. This tax is levied and collected onfrom the persons or. Professional tax slab in madhya pradesh have been revised in state finance budget 2018. Apr 01, 2018 professional tax slab in madhya pradesh have been revised in state finance budget 2018. Jul 18, 2019 professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920 along with with their payment due dates, associated forms, and website details. The government of maharashtra of also revised its professional tax slab rates for the financial year 201516. P rofession tax is a tax levied on a person engaged in any profession, trade, calling and employment in west bengal.
State wise professional tax slabs and rates has been shared below. Professional tax is charged on salaried individuals and is paid to the gujarat state government. Saral paypack has completely handled and automated our payroll process. Professional tax is levied by states on salaried persons and other professionals such as doctors, ca, inertial designers. Professional tax slab rates in different states updated for. Amdavad municipal corporation amc is appointed as the authority designated by the state government of gujarat to collect profession tax from tax payers from the whole city area within amc limit. Sep 16, 2011 can any body suggest me that what is the professional tax slab in gujarat its urgent. In this post, we will see how the rates are applicable for different professions and at what rates. The professional tax is a source of revenue for the state governments which helps the different in implementing schemes for the welfare and development of the region. The following are the professional tax rates in key states in india. Income tax slab rate for fy 201718 ay 201819 pdf also. The professional tax amount to be paid depends on the.
Profession tax slabs india greytip knowledge center greythr. This product smoothly carries out enteringimporting time. Tax tariff for chennai location is changed as follows. Dear all, professional tax slab in madhya pradesh for f. February 5, 2019 professional tax slab rates in india. Professional tax forms in excel fillable pdf finotax.
Due diligence is exercised in compiling the information by collecting it from various state and other sites. Professional tax in india and professional tax slab rate. The total amount of professional tax paid in a year qualifies for deduction according to the income tax act, 1961. Professional tax is levied through predetermined tax slabs and is paid on a monthly basis. Here is the revised professional tax slab in tamil nadu 20182019, which are in effect from 1 april 2018. Schedule of rates of tax on professions, trades, callings and employments. Gujarat goods and services tax bill 2017 english gujarat goods and services tax bill 2017 gujarati the gujarat goods and services tax rules,2017. Salary and wage earners such persons whose monthly salaries or wages are. Payment of professional tax depends on the salary and the professional tax slab rates set by the state. Sir,please send the professional tax slab in panchayat area also regards asokan. Professional tax is the tax by the state governments in india. Depending on the monthly salary, each person registered for profession tax pays a specific amount on a monthly basis. Professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920 along with with their payment due dates, associated forms, and website details.
Each state declares a slab and the professional tax is deducted on the basis of these slabs. Online profession tax payment facility in gujarat is currently available for the ahmedabad municipal corporation and surat municipal. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme. May 31, 2018 tnprofessionaltax slab chennai new 2018 19. While some states might charge it as a percentage value, other states tend. Oct 25, 2017 in this post, we will be discussing the professional tax slab rates for different states of india and penalties charged in case of any delay in the payment.
Sep 21, 2018 professional tax rates for 2018 19 in tamil nadu professional tax rates has been revised for 2018 19 in tamil nadu. Professional tax slab in madhya pradesh for fy 201819. As per the section 16 of the income tax act, 1961, the amount paid by the salaried individual as. Telangana, maharashtra, tamil nadu, gujarat, assam, kerala, meghalaya, odisha. Please note these professional tax rates is only as per gujarat state we provide professional tax slab rates for all states in next article. While profession tax is usually payable by the taxpayer themselves, in case of trade and companies, it is done by the employers. It shall come into force on the 1st of april, 1976.
Amdavad municipal corporation amc is appointed as the authority designated by the state government of gujarat to collect profession tax from tax payers. Govt employees news know about professional tax in hindi, what is professional tax. I have a query for the professional tax slab, if an employee has a salary of rs. May 02, 2018 professional tax slab rate in madhya pradesh. Every person who carries on a trade either by himself or by an agent or representative or who follows a profession or calling or. Professional tax rates for 201819 in tamil nadu professional tax rates has been revised for 201819 in tamil nadu.
Professional tax maharashtra professional tax slab in. Professional tax slab rates in india for financial year. Professional tax is deducted by the employer and the amount varies based on the employees income. The west bengal state legislature enacted the west bengal state tax on professions. A customer is the most important visitor on our premises. Government servant receiving pay from the revenue of the central government or any state government. Jan 24, 2019 download professional tax forms for ap, bihar, chhattisgarh, gujarat, karnataka, mp, maharashtra, orisha, telangana, tamil nadu and wb in excelfillable pdf. Dec 06, 2017 govt employees news know about professional tax in hindi, what is professional tax. Is lta applicable on prorata basis and is it applicable during probation. Now, it involves a new provision of tax on employment and calling as well as professions and trades. Professional tax slab rates in different states updated for 201920. However, inadvertent errors omissions are not ruled out. The profession tax rates are set by the government of kerala as per the income slabs of the individual. Download professional tax forms for ap, bihar, chhattisgarh, gujarat, karnataka, mp, maharashtra, orisha, telangana, tamil nadu and wb in excelfillable pdf.
Allocation of gst taxpayers to state authorities as on 08. New rates of professional tax pt deduction will be applicable w. It is collected by the state government by every individual who earns a living. The professional tax is administered under the provisions of the punjab finance act 1977 and the punjab professions and trade tax rules 1977. Professional tax tax on profession, trade, calling and employment. The amount of income tax shall be increased by a surcharge at the rate of 10% of such tax, where total income exceeds fifty lakh rupees but does not exceed one crore rupees.
Professional tax in india updated on april 27, 2020, 17226 views. Tax in chennai tamil nadu 2018, the above said tariff is effect from 2018 19 1st half apr18 to sep18. The slab of the profession tax has been revised for tamil nadu in the year 2018. Hello, as per the present structure for the salaried people, there is no professional tax below rs 3,000 per month. However, the maximum levy of professional tax cannot exceed rs 2,500 in a financial year. Professional tax slab of gujaratrevised pdf download. The slab rates are decided by the state government. Since professional tax is levied by the state government, it tends to differ for various states. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into. The maximum amount of professional tax that can be imposed by any state in india is inr 2500.
What i assume according to the tax slab, the professional tax cut from the salary of rs 6774 should be rs. Bihar professional tax slab rates for financial year 201617. Normally, state government imposes professional tax slab rates basis for salaried individuals and. Those which do impose the tax are andhra pradesh, assam, bihar, gujarat, karnataka, kerala. Professional tax slab rates in different states updated. Professional tax assam is payable at the rate of rs. Given below is the revised professional tax slab rate for madhya. Professional tax rates for the fy 201920 wealthtechspeaks. Commissionerate of commercial tax is the nodal agency for the administration and collection of various taxes in the state of gujarat. State taxes are collected by state government such as lbt, vat, professional tax etc. The professional tax for some major states in india are andhra pradesh, maharashtra, gujarat, new delhi, karnataka, tamil nadu, madhya. There is a special kind of tax levied on salaried individuals and people engaged in profession.
Professional tax slab rates in india for financial year 201617. Professional tax interest on non payment on of professional tax, article 276. Professional tax tax on profession, trade, calling and. Professional tax is deducted by the employers from the salary of. Saral paypack saved us from untold worries, which were associated with monthly processing of salaries, and the statutory reports to be generated. The professional tax amount to be paid depends on the professional tax slab rate of the particular state. Professional tax notification chennai 201819 pdf download. Professional tax slab of gujaratrevised pdf download citehr. All about gujarat professional tax slab rate in india. Professional tax in india statewise professional tax. Professional tax is a state tax, imposed by a state government on account of the infrastructure it provides to you so that you can carry out your profession in that state. Income tax slab rates 201819 pdf download ay 201920. Please use the information at your own risk and responsibility.
In tamil nadu, the professional tax will be paid for every 6 months half yearly. Annual professional tax in gujarat for the year 201718. The professional tax is a source of revenue for the state governments which helps in implementing schemes for the welfare and development of the. The professional tax, in maharashtra, is regulated by the maharashtra state tax on professions. Madhya pradesh professional tax ptax revised slab rate. Professional tax rates in maharashtra t he state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975.
Some of the states which currently impose a professional tax in india are maharashtra, gujarat, andhra pradesh, kerala, tamil nadu, karnataka, bihar, assam, madhya pradesh, telangana, meghalaya, odisha, west bengal, sikkim and tripura. However, there are few states and union territories in india that do not charge professional tax too. The amount of incometax shall be increased by a surcharge at the rate of 10% of such tax, where total. Professional tax slab rates state wise in india 201920.
Similarly, like other taxes, it too has slabs, and all paid employees of an. It is collected by the state government by every individual who earns a living through mediums like trade, employment, or professional. If you take a look at your payslips you will notice that there is a small deduction mentioned along with all the hra. Income tax slab rates 201718 pdf download ay 201819. Professional tax act department of goods and services tax.
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