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Professional Tax Slab Rates

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Professional tax are applicable for both salaried and self-employed professionals who earn income working in government and private organizations. Check the Professional Tax Slab rates for different states. – PowerPoint PPT presentation

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Title: Professional Tax Slab Rates


1
Professional Tax Slab Rates
  • Powered By www.taxqueries.in

2
Contents
  • Professional Tax
  • Professional Tax Slab Rates
  • Professional Tax Slab 2016-17
  •  Professional Tax Slab for different states

3
Professional Tax
  • The state government levies the professional
    tax on income from profession or employment.
  • Individual earning an income from salary or
    anyone carrying out a profession such as a
    lawyer, doctor chartered accountant, etc. are
    required to pay this professional tax.
  • Different states in India have different rates
    and methods to collect Professional Tax. 

4
Professional Tax Slab Rates
  • Professional Tax is a tax imposed by the State
    Governments of India on salaried individuals,
    working in government/ non-government entities,
    or in the practice of any profession, including
    Chartered Accountants, Doctors, Lawyers, etc.
  • This type of tax is in implementation for a long
    time and States were conferred the power of
    leveling the Tax under Clause (2) of Article 276.
  • The rate at which Profession tax charged is based
    on the Income Slabs set by the corresponding
    State Governments.

5
Professional Tax Slab 2016-17
  • The maximum Professional Tax that can be imposed
    by any State in India is Rs. 2500/-.
  • The total amount of professional tax paid during
    the year is allowed as Deduction under the Income
    Tax Act.
  • The profession tax is a source of revenue for the
    State Governments which helps the different in
    implementing schemes for the welfare and
    development of the region. 
  • Professional Tax is deducted by the employers
    from the salary of the salaried employees, and
    same is deposited with the State Government.

6
 Professional Tax Slab  Andhra Pradesh
  • Let us take a look at Professional Tax slab
    2016-17 rates for the various state in India.
  •  Professional Tax Slab rates for Andhra Pradesh
    State.

Monthly Salary Professional Tax (P.M)
Up to Rs. 15,000/-  NIL.
Rs. 15,001/- -Rs. 20,000/- Rs.150
Rs. 20,001/- or Above Rs. 200
7
Assam Professional Tax Slab
Monthly Salary Professional Tax (P.M)
Up to Rs. 10,000/- NIL.
Rs. 10,001/- to Rs. 14,999/- Rs. 150/-
Rs. 15,000/- to Rs. 24,999/- Rs. 180/-
Rs. 25,000/- or More Rs. 208 /- Rs. 212/-
8
Chattisgarh Professional Tax Slab Rate
Monthly Salary Professional Tax (P.M)
Up to Rs. 12,500/- NIL.
Rs. 12,501/- to Rs. 16,667/- Rs. 150/-
Rs. 16,668/- to 20,833/- Rs. 180/-
Rs. 20,834/- to 25,000/- Rs. 190/-
Rs. 25,001/- or More RS. 200/-
9
Tamil Nadu Professional Tax Slab Rates
Monthly Salary Professional Tax(P.M) Professional Tax for Half Year
Up to Rs. 3,500/- Nil. Nil
Rs. 3,501/- to Rs. 5,000/- Rs. 16.66/- Rs. 100/-
Rs. 5,001/- to Rs. 7,500/- Rs. 39.167/- Rs. 235/-
Rs. 7,501/- to Rs. 10,000/- Rs. 85/- Rs. 510/-
Rs. 10,001/- to Rs.12,500/- Rs. 126.67/- Rs. 760/-
Rs. 12,501/- or above Rs. 182.50/- Rs.1,095/-
10
Meghalaya Professional Tax Slab
Monthly Salary Professional Tax (P.M) 
Up to Rs. 4,166/- Nil.
Rs. 4,167/- to Rs. 6,250/-  Rs 16.50/-
Rs. 6,251/- to Rs. 8,333/-  Rs. 25/-
Rs. 8,334/- to Rs. 12,500/-  Rs. 41.50/-
Rs. 12,501/- Rs.16,666/-  Rs. 62.50/-
Rs. 16,667/- Rs. 20,833/-  Rs. 83.33/-
Rs. 20,834/- to Rs. 25,000/-  Rs. 104.16/-
Rs. 25,001/- to Rs. 29,166/-  Rs. 125/-
Rs. 29,167/- to Rs. 33,333/-  Rs. 150/-
Rs, 33,334/- to Rs. 37500/-  Rs. 175/-
Rs. 37,501/- to Rs. 41,666/-  Rs. 200/-
Above Rs. 41,667/-  Rs. 208/-
11
Professional Tax for the Financial Year 2016-17
  • A salaried employed Individual or professional
    need to pay the professional tax to the state
    government.
  • Professional Tax Slab rates for different states
    are available here.
  • The Professional Tax in India is applicable for
    Andhra Pradesh, Assam, Bihar, Chattisgarh, Goa,
    Gujarat, Jharkhand, Karnataka, Kerala, Madhya
    Pradesh, Maharashtra, Meghalaya, Orissa, Tamil
    Nadu, Telangana, Tripura, West Bengal.

12
Thank You
For more details http//www.taxqueries.in/income-t
ax/professional-tax-slab/
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