BUSINESS DEVELOPMENT MANAGER
1697 Points
Joined February 2019
Professional tax is tax payable to the government in India and is mandatory just like income tax. The tax is levied on salaried individuals or people practicing professions such as doctor, lawyer, chartered accountant, etc. The tax has to be paid to the state government by the owner of the business. Applicability of professional tax is well stated in article 276 of Constitution of India. The maximum amount payable as professional tax is Rs.2,500 per year. Professional tax is one of the main sources of revenue for the government in India.
Monthly Income
For salary up to Rs. 15,000 - Nil Professional tax levied
For salary between Rs. 15,001 to Rs. 20,000 - Rs. 150 per month
For salary of Rs.20,001 and above - Rs. 200 per month