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Professional Tax Slab Rate in Maharashtra Monthly Gross SalaryPayable Profession TaxLess than Rs 75000Rs 7501 to Rs 10000Rs 175 per month (Nil for women)Rs 10001 and aboveRs 200 per month except for Feb Rs 300 for the Feb month Mar 14, 2023

A maximum of Rs. 2,500 can be levied as professional tax on any person per financial year. ing to Section 16 (iii) of the Income Tax Act 1961, the profession tax paid by an employee is allowed as a deduction from his/her gross salary income.

Karnataka Professional Tax Late Payment Penalty: In case there is a delay in payment of professional tax, the state government of Karnataka will charge 1.25% per month for late payment. However, the maximum penalty the state will charge is 50% for late payment of the total unpaid professional tax amount.

The personal income tax returns rate for individuals in India is currently 10%. This includes both individual and corporate income taxes. The capital gains tax rate for individuals in India is currently 20%. This includes both individual and corporate capital gains tax.

Step 1: Visit the official website of Profession Tax West Bengal. Step 2: Select Government ID and enter the 12 digit PT Government ID number. Step 3: Click on 'Submit', and details related to Government ID and payment will appear on the screen.

The payment due date of professional tax is 1st April and 1st October for the respective half-year. In case employers/individuals delay paying P tax payments, they have to pay a penalty of 2% per month. Non-payment of P tax will attract an additional penalty of 10%.

How to Pay Professional Tax Online in Assam? Step 1: Navigate to Information & Services > e-services > e-return/e-payment and log in using your user ID and password. Step 2: After logging in, navigate to e-payment e-GRAS and click on “Make Payment” (e-GRAS)

As per Bihar Professional Tax Act, 2011, individuals engaged in a business or profession are levied a Profession Tax of Rs. 2500 (as the maximum) and Rs. 1000 per annum (as the minimum).