08 May 2009
With effective 1st August 2008, professional tax slabs has been revised in Karnataka, I would like to share the details I have received on this.
Hitherto Profession Tax was applicable for Employees drawing salary of Rs3,000/- and above per month.Consequently,PT Payable was Rs30/- for Salary slab of Rs3,000/- to 4,999/- W.E.F.1-08-2008, Employees drawing salary upto Rs4,999/-Per Month are exempted from payment of PT.The existing slab w.e.f.1-08-2008 is as below:
1.Rs5,000/-to Rs7,999/-- Rs60/- 2.Rs8,000/- to Rs9,999/- Rs100/- 3.Rs10,000/-to Rs14,999/- Rs150/- 4.Rs.15,000/- and above Rs200/-
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