However, in case of professionals, company, director, partners etc. Income tax slabs for fy 201718 ay 201819 expected income tax rate slabs fy 201718. Professional tax maharashtra professional tax slab in. Hello stanzy, the 2500 pt slabs youve mentioned is i think applicable in maharashtra only and not in gujarat. Online profession tax payment facility in gujarat is currently available for the ahmedabad municipal corporation and surat municipal.
Tax tariff for chennai location is changed as follows. Professional tax slab of gujaratrevised pdf download. Annual professional tax in gujarat for the year 201718 citehr. While states like karnataka and maharashtra have profession tax, there is no such tax. However, in case of a nonresident individual the tax rates will be same irrespective of his age. Professional tax slab rates in different states updated for 201920.
Profession tax is the tax levied and collected by the state governments in india. Professional tax is a state tax, imposed by a state government on account of the infrastructure it provides to you so that you can carry out your profession in that state. Unlike income tax which is levied by the central government, profession tax is levied by the government of a state or union territory in india. In this post, we will be discussing the professional tax slab rates. What is professional tax and professional tax slab rate in india. If the company comprises less than 20 staff members, the owner of the company or business will have to remit the amount within 15 days after the month ends. Surcharge and education cess see note income tax slab rates 201718 pdf download. Professional tax in india statewise professional tax. New rates of professional tax pt deduction will be applicable w.
Gujarat professional tax slab rate how to register bankbazaar. It offers special privileges for women professional tax payers. Here we see the various professions which fall under pt and the rates at which they are. Professional tax in gujarat is governed by the gujarat panchayats, municipalities, municipal corporations and. The slab rates are decided by the state government. Professional tax slab rates in different states updated. Professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920. Get profession tax forms for andhra pradesh, assam, bihar, chattisgarh, gujarat. The professional tax for some major states in india are andhra pradesh, maharashtra, gujarat, new delhi, karnataka, tamil nadu, madhya pradesh, west bengal. Professional tax slabs for central government employees. Professional tax in india is charged by some state governments.
Maharashtra professional tax slab rate, latest news. What is professional tax and professional tax slab rate in. Tripura state government charge professional tax on all type of professional services like salaried individuals of government, nongovernment entities, private practicing in any profession i. But before that we have to know about andhra pradesh professional tax slab rates for the period 2017 2018. Due diligence is exercised in compiling the information by collecting it from various state and other sites. Professional tax in india and professional tax slab rate. Professional tax for the financial year 201516 monday, march 30th, 2015 amritesh 179 responses 53 views professional tax is a tax levied by the various state governments of india on salaried individuals, working in government or nongovernment entities, or in practice of any profession. Different states have varying methods of calculating professional tax. Majority but not all of the indian states impose profession tax. Doctors, engineers, accountants, lawyers or any businesses read. Income tax slab rate for fy 201718 ay 201819 pdf also. While states like karnataka and maharashtra have profession tax, there is no such tax applicable in delhi and haryana. It is paid by dividing the annual professional tax. However, inadvertent errors omissions are not ruled out.
However, he can apply for annual return in form no. Normally, state government imposes professional tax slab rates basis for salaried individuals and collects it monthly. This form of tax was first levied in india in the year 1949 and the power to levy professional tax. Professional tax rates for the fy 201920 wealthtechspeaks. New professional tax rates in gujarat for fy 201415 tax masala. Profession tax gujarat form 5 in excel format return of tax payable by employer under subsection 1 of section 6 of the gujarat state, tax on professions, trades, callings and employments act, 1976. However, the maximum professional tax that may be levied by any state has been capped at rs 2500. Some of the states which currently impose a professional tax in india are maharashtra, gujarat, andhra pradesh.
The professional tax slab in west bengal for 201617. Aicpin all india consumer price index calculation of expected da. He is required to deduct the amount of tax from the salaries of all employees except those who are. Professional tax is a tax levied on the income earned by salaried employees and professionals, including chartered accountants, doctors and lawyers, etc.
The profession tax laws in the state of gujarat are governed by the gujarat panchayats, municipalities, municipal corporations and state tax on the professions, traders, callings and employment act, 1976. The professional tax, in maharashtra, is regulated by the maharashtra state tax. February 5, 2019 professional tax slab rates in india. The total amount of professional tax paid during the year is allowed as deduction under the income tax act. It is available from the offices of professional tax officers declared so by the designated authority, and also on the website. Income tax slab rates 201718 pdf download ay 201819. Accurate professional tax slabs, benefits for gujarat. The pt rates were changed for the state of west bengal for the financial year 201617. Amdavad municipal corporation amc is appointed as the authority designated by the state government of gujarat to collect profession tax from tax payers. Professional tax is levied through predetermined tax slabs and is paid on a monthly basis. I would like to know the professional tax slabs in gujarat for f. Salary and wage earners such persons whose monthly salaries or wages are.
Professional tax slab in madhya pradesh for fy 201819. Amdavad municipal corporation amc is appointed as the authority designated by the state government of gujarat to collect profession tax from tax payers from the whole city area within amc limit. Here you can find sample filled professional tax form 5 excel format and you can also download pt form 5. What is professional tax different tax slab rates and. However, there are few states and union territories in india that do not charge professional tax too. Each state declares a slab and the professional tax is deducted on the basis of these slabs. For the purpose of ascertainment of the applicable tax slab. Annual professional tax in gujarat for the year 201718. Gujarat professional tax slab rate how to register. The forms for professional tax registration and payment of this tax in gujarat can be. In gujarat, the professional tax is remitted on a quarterly basis.
Rajkot municipal corporation rmc is a local government committed to provide basic infrastructure facilities including entertainment facilities to the people of the city. Professional tax is a tax which is levied by the state on the income earned by way of profession, trade, calling or employment. Schedule to the west bengal state tax on professions, trades, callings and employments act, 1979 effective from 142014 ref. Professional tax is a tax that is levied by the state government and applies to income you earn through employment. If the company comprises less than 20 staff members, the owner of the company or business will have. All about gujarat professional tax slab rate in india. You can often find the deduction for the same on your salary. Professional tax forms for all states are available here. Please note these professional tax rates is only as per gujarat state we provide professional tax slab. Is lta applicable on prorata basis and is it applicable during probation.
In this post, we will see how the rates are applicable for different. Professional tax is deducted by the employer and the amount varies based on the employees income. Professional tax slab rates state wise in india 201920. The normal tax rates applicable to a resident individual will depend on the age of the individual. Professional tax in dadra and nagar haveli, professional tax in goa, professional tax in gujarat, professional tax in haryana, professional tax in himachal pradesh, professional tax in jammu and kashmir, professional tax in jharkhand, professional tax in karnataka, professional tax. However, in maharashtra there is 2500 yearly pt slab, so as mentioned by you employer do deduct 300 rs. In this post, we will be discussing the professional tax slab rates for different states of india and penalties charged in case of any delay in the payment. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. Professional tax slabs state wise professional tax rates state wise. Professional tax is charged on salaried individuals and is paid to the gujarat state government. This form of tax was first levied in india in the year 1949 and the power to levy professional tax has been given to the states by way of clause 2. Laearn about professional tax see all the details like share subscribe email.
Professional tax slabs state wise simple tax india. Schedule to the west bengal state tax on professions. Professional tax slab rates in india for financial year. Professional tax form 5 will be used to file monthly pt returns in andhra pradesh.
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