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Professional rax in karnataka
In the state of karnataka is professional tax for business flat 2500 every year or is there any slab are on the basis of turnover?
Replies (5)
You have check at Karnataka government web site , www.Karnataka.gov.in
Sole Proprietorship 1000, Partnership (each Partnet Rs.1000) ex 2 Partner = 2000, Pvt Limited Rs.2500.
As above fee for PT Renewal
State. Income per Month Tax Rate/Tax Amount (p.m.)
Karnataka Up to Rs. 15,000 Nil
Rs. 15,001 onwards. Rs. 200
Karnataka Up to Rs. 15,000 Nil
Rs. 15,001 onwards. Rs. 200
| Originally posted by : haridas rao | ||
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In the state of karnataka is professional tax for business flat 2500 every year or is there any slab are on the basis of turnover? |  |
PT in case of employer depends on a no. of factors like whether or not the person is registered under GST, no. of employees, turnover etc. Refer "PT SCHEDULE" for more info: https://pt.kar.nic.in/(S(tqbhoipoxsspqkx55xfsslpk))/Main.aspx
Dear friends,
Can you please clarify the age limit. I think people over 65 years are exempted.
Naresh B Jumani
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