Employee Professional Tax Rates in MP.

This query is : Resolved 
 

(Querist)
09 May 2008

Dear Sir,

What is the Employee Professional Tax rates in MP.


Deepak Sharma (Querist)
09 May 2008

Professional Tax rates in MP.

sunil (Expert)
10 May 2008

less than 76000 nil
76000 AND ABOVE BUT DOES NOT EXCEED 90000 RS. 1000(RS.83 PER MONTH FOR ELEVEN MONTH AND RS.87 FOR TWELTH MONTH)
EXCEEDS RS. 90000 BUT DOES NOT EXCEED RS. 1,50,0000 RS. 1500 (RS.125 PER MONTH)
EXCEED RS.150000 RS. 2500 (RS.208 PER MONTHS RS. 212 FOR TWELTH MONTH)
IT MAY BE NOTED THAT NEW SLAB RATE AS PER 08-09 BUDGE STARTED FROM 1,20,000 BUT IT IS SORRY TO INFORM YOU THAT THIS SLAB RATE NOT YET NOTIFIED.

sunil (Expert)
13 May 2008

Today on 13th May an ordinance has been passed .w.e.f 1.4.2008 new rates are--- upto 120000 nil above 120000 and below 150000 rs.1000 per year, Rs. 150000 and and upto 180000 Rs. 1500 per year, above 180000 and above 2500 per year.



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