professional tax

Which state? In Assam there is no such prcentage basis.

Profession tax is calculated on the basis of slabs as follow: Salary Tax upto Rs.2500 NIL 2500 to 3500 Rs.60 P.M. 3500 to 5000 Rs.120 PM 5000 to 10000 Rs.175 PM 10000> Rs.200 pm (Except for Feb, Rs.300/- being Rs.2500/- pa) SAlary means Gross SAlary

Dear Members, Being rules, act and rates of taxes are different in case of VAT and Professional Taxes, may I request you all to invariably mention the name of the concerne state in your queries and replies.

Dear, Professional Tax deducted as per salary slabs decided by state government. It varies statewise. Kindly mention your state name.

Sl. No. Six months income (Rs.) Old Tax (Rs) New Tax (Rs) 1 21,001 – 30,000 60 75 2 30,001 – 45,000 150 188 3 45,001 – 60,000 300 390 4 60,001 – 75,000 450 585 5 75,001 and above 600 810

THE TABLE Sl. No. Six months income (Rs.) Old Tax (Rs) New Tax (Rs) 1 21,001 – 30,000 60 75 2 30,001 – 45,000 150 188 3 45,001 – 60,000 300 390 4 60,001 – 75,000 450 585 5 75,001 and above 600 810

thanks a lot this site helps me a lot..

i want to know latest profession tax slab statewise. for calculation purpose.

plz provide statewise p.tax slab

Piyush,

State wise PT compilation may be difficult and herculian task, as this changes every year and differs widely from state to state.