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Professional rax in karnataka

21 April 2021

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?

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5 Replies

prasad Nilugal (3914 Points)
Replied 21 April 2021

You have check at Karnataka government web site , www.Karnataka.gov.in

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fewturaa Associates (Auditor) (9 Points)
Replied 21 April 2021

Sole Proprietorship 1000, Partnership (each Partnet Rs.1000) ex 2 Partner = 2000, Pvt Limited Rs.2500.

As above fee for PT Renewal

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 21 April 2021

State. Income per Month Tax Rate/Tax Amount (p.m.)
Karnataka Up to Rs. 15,000 Nil
Rs. 15,001 onwards. Rs. 200

CMA Poornima Madhava (CMA) (13112 Points)
Replied 21 April 2021

Originally posted by : haridas rao
	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