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Professional Tax Slab Rates

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Presentation on theme: "Professional Tax Slab Rates"— Presentation transcript:

1 Professional Tax Slab Rates
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2 Contents Professional Tax Professional Tax Slab Rates
 Professional Tax Slab for different states Powered By

3 Professional Tax The state government levies the professional tax on income from profession or employment. Individual earning an income from salary or anyone carrying out a profession such as a lawyer, doctor chartered accountant, etc. are required to pay this professional tax. Different states in India have different rates and methods to collect Professional Tax.  Powered By

4 Professional Tax Slab Rates
Professional Tax is a tax imposed by the State Governments of India on salaried individuals, working in government/ non-government entities, or in the practice of any profession, including Chartered Accountants, Doctors, Lawyers, etc. This type of tax is in implementation for a long time and States were conferred the power of leveling the Tax under Clause (2) of Article 276. The rate at which Profession tax charged is based on the Income Slabs set by the corresponding State Governments. Powered By

5 Professional Tax Slab 2016-17
The maximum Professional Tax that can be imposed by any State in India is Rs /-. The total amount of professional tax paid during the year is allowed as Deduction under the Income Tax Act. The profession 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.  Professional Tax is deducted by the employers from the salary of the salaried employees, and same is deposited with the State Government. Powered By

6 Professional Tax Slab – Andhra Pradesh
Let us take a look at Professional Tax slab rates for the various state in India.  Professional Tax Slab rates for Andhra Pradesh State. Monthly Salary Professional Tax (P.M) Up to Rs. 15,000/-  NIL. Rs. 15,001/- -Rs. 20,000/- Rs.150 Rs. 20,001/- or Above Rs. 200 Powered By

7 Assam Professional Tax Slab
Monthly Salary Professional Tax (P.M) Up to Rs. 10,000/- NIL. Rs. 10,001/- to Rs. 14,999/- Rs. 150/- Rs. 15,000/- to Rs. 24,999/- Rs. 180/- Rs. 25,000/- or More Rs. 208 /- & Rs. 212/- Powered By

8 Chattisgarh Professional Tax Slab Rate
Monthly Salary Professional Tax (P.M) Up to Rs. 12,500/- NIL. Rs. 12,501/- to Rs. 16,667/- Rs. 150/- Rs. 16,668/- to 20,833/- Rs. 180/- Rs. 20,834/- to 25,000/- Rs. 190/- Rs. 25,001/- or More RS. 200/- Powered By

9 Tamil Nadu Professional Tax Slab & Rates
Monthly Salary Professional Tax(P.M) Professional Tax for Half Year Up to Rs. 3,500/- Nil. Nil Rs. 3,501/- to Rs. 5,000/- Rs /- Rs. 100/- Rs. 5,001/- to Rs. 7,500/- Rs /- Rs. 235/- Rs. 7,501/- to Rs. 10,000/- Rs. 85/- Rs. 510/- Rs. 10,001/- to Rs.12,500/- Rs /- Rs. 760/- Rs. 12,501/- or above Rs /- Rs.1,095/- Powered By

10 Meghalaya Professional Tax Slab
Monthly Salary Professional Tax (P.M)  Up to Rs. 4,166/- Nil. Rs. 4,167/- to Rs. 6,250/-  Rs 16.50/- Rs. 6,251/- to Rs. 8,333/-  Rs. 25/- Rs. 8,334/- to Rs. 12,500/-  Rs /- Rs. 12,501/- Rs.16,666/-  Rs /- Rs. 16,667/- Rs. 20,833/-  Rs /- Rs. 20,834/- to Rs. 25,000/-  Rs /- Rs. 25,001/- to Rs. 29,166/-  Rs. 125/- Rs. 29,167/- to Rs. 33,333/-  Rs. 150/- Rs, 33,334/- to Rs /-  Rs. 175/- Rs. 37,501/- to Rs. 41,666/-  Rs. 200/- Above Rs. 41,667/-  Rs. 208/- Powered By

11 Professional Tax for the Financial Year 2016-17
A salaried employed Individual or professional need to pay the professional tax to the state government. Professional Tax Slab rates for different states are available here. The Professional Tax in India is applicable for Andhra Pradesh, Assam, Bihar, Chattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Tamil Nadu, Telangana, Tripura, West Bengal. Powered By

12 Thank You For more details Powered By


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