24 December 2011
Profession Tax is a State level Tax in India on Professions, Trades, Callings and Employments.
Read more: New profession Tax Rates after Maharashtra Government Budget and Provisions http://taxguru.in/goods-and-service-tax/new-profession-tax-rates-after-mahrashtra-government-budget.html#ixzz1hRULl26J
24 December 2011
Persons in employement whose annual salary or wages- (i) does not exceed Rs.3,00,000 - Nil (ii) exceeds Rs.3,00,000 but does not exceed Rs.5,00,000- Rs.1000(Rs 83 permonth&87 in last month) (iii) exceeds Rs.5,00,000 but does not exceed Rs.8,00,000- Rs.2000p.a(Rs.167 permonth &163 in the last month) (iv) exceds rs.8,00,000- Rs.2500(Rs208 per month for eleven months and Rs212 for the twelveth month)