As a business owner or working professional in India, it is important to understand the professional tax slab rates in your respective state. Professional tax is a state-level tax that is levied by the state government on individuals and organizations that are engaged in any profession, trade, or employment.
In this comprehensive guide, we will provide you with all the necessary information about professional tax slab rates in different states in India.
What is Professional Tax?
Professional tax is a state-level tax that is levied on individuals and organizations that are engaged in any profession, trade, or employment. It is a source of revenue for state governments and is used for the development of infrastructure, social welfare schemes, and other public services.
The professional tax slab rates vary from state to state and are based on the income of the individual or organization. The tax is deducted by the employer and deposited with the state government on a monthly or quarterly basis.
Professional Tax Slab Rates in Different States in India
The professional tax slab rates in different states in India are as follows:
- Maharashtra
The professional tax slab rates in Maharashtra are as follows:
- For individuals with a monthly income of up to Rs. 7,500, there is no professional tax.
- For individuals with a monthly income of Rs. 7,501 to Rs. 10,000, the professional tax is Rs. 175 per month.
- For individuals with a monthly income of Rs. 10,001 and above, the professional tax is Rs. 200 per month.
- Karnataka
The professional tax slab rates in Karnataka are as follows:
- For individuals with a monthly income of up to Rs. 15,000, there is no professional tax.
- For individuals with a monthly income of Rs. 15,001 to Rs. 20,000, the professional tax is Rs. 200 per month.
- For individuals with a monthly income of Rs. 20,001 and above, the professional tax is Rs. 300 per month.
- Tamil Nadu
The professional tax slab rates in Tamil Nadu are as follows:
- For individuals with a monthly income of up to Rs. 21,000, there is no professional tax.
- For individuals with a monthly income of Rs. 21,001 to Rs. 30,000, the professional tax is Rs. 135 per month.
- For individuals with a monthly income of Rs. 30,001 and above, the professional tax is Rs. 200 per month.
- Gujarat
The professional tax slab rates in Gujarat are as follows:
- For individuals with a monthly income of up to Rs. 5,000, there is no professional tax.
- For individuals with a monthly income of Rs. 5,001 to Rs. 9,000, the professional tax is Rs. 80 per month.
- For individuals with a monthly income of Rs. 9,001 to Rs. 12,000, the professional tax is Rs. 150 per month.
- For individuals with a monthly income of Rs. 12,001 and above, the professional tax is Rs. 200 per month.
- West Bengal
The professional tax slab rates in West Bengal are as follows:
- For individuals with a monthly income of up to Rs. 8,500, there is no professional tax.
- For individuals with a monthly income of Rs. 8,501 to Rs. 10,000, the professional tax is Rs. 80 per month.
- For individuals with a monthly income of Rs. 10,001 and above, the professional tax is Rs. 200 per month.