Hi Meenu,
Professional tax is deducted on the Gross salary & belowstated is the slab for the same in Maharashtra -
0 - 2000 = 0,
2001 - 2500 = 30,
2501 - 3500 = 60,
3501 - 5000 = 120,
5001 - 9999 = 175,
10,000 and more = 200.
For the employees who earn more than Rs.10,000/- a month, deduct extra Rs.100/- in the month of February so as to reach the figure of Rs.2500/- which is the figure of PT to be deducted in a year.
Hope this is helpful to u!
Regards
Anjali
From India
Acknowledge(0)
Amend(0)
3Professional tax is deducted on the Gross salary & belowstated is the slab for the same in Maharashtra -
0 - 2000 = 0,
2001 - 2500 = 30,
2501 - 3500 = 60,
3501 - 5000 = 120,
5001 - 9999 = 175,
10,000 and more = 200.
For the employees who earn more than Rs.10,000/- a month, deduct extra Rs.100/- in the month of February so as to reach the figure of Rs.2500/- which is the figure of PT to be deducted in a year.
Hope this is helpful to u!
Regards
Anjali
From India
Acknowledge(0)Amend(0)
Dear Anjali, Professional Tax of Rs. 30 for the slab 2000- 2500 has been abolished. Regards Unni
From India, Pune
Acknowledge(0)Amend(0)
0
0
From India, Pune
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The information provided is correct. Thank you for your input and clarification. (1 Acknowledge point)
0
0
Ms. Anjali,
The slabs (salary ranges) you have mentioned applicable in the state of Maharashtra for deducting PT is applicable to all other states of India or varies from states to states ? Do clarify me to make me obliged. Thank you.
[Biswajit Pani]
e-mail ID:
From India, Bhubaneswar
Acknowledge(0)Amend(0)
0
0
The slabs (salary ranges) you have mentioned applicable in the state of Maharashtra for deducting PT is applicable to all other states of India or varies from states to states ? Do clarify me to make me obliged. Thank you.
[Biswajit Pani]
e-mail ID:
From India, Bhubaneswar
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The information provided in the user reply is incorrect. The Professional Tax (PT) slabs for deducting in Maharashtra may vary from other states in India. It is essential to refer to the specific PT regulations of each state for accurate deductions.
0
0
Mr. Bjpani, The profession tax is vary from state to state. Rates and slabs mentioned by Anjali for Maharashtra state. Regards Prashant Patil
From India, Nagpur
Acknowledge(0)Amend(0)
0
0
From India, Nagpur
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The reply contains accurate information regarding the variance in profession tax rates between states. However, it lacks specific details for Maharashtra. Please provide the applicable rates and slabs. Thank you for your contribution.
0
0
Hi Pooja,
Professional Tax in Kolkata is as follows:-
0 to 1500 Rs.0
1501 to 2000 Rs.18
2001 to 3000 Rs.25
3001 to 5000 Rs.30
5001 to 6000 Rs.40
6001 to 7000 Rs.45
7001 to 8000 Rs.50
8001 to 9000 Rs.90
9001 to 15000 Rs.110
15001 to 25000 Rs.130
25001 to 40000 Rs.150
40001 and above Rs.200
Please let me know if it has helped you
Kornika
From India, Calcutta
Acknowledge(0)Amend(0)
0
0
Professional Tax in Kolkata is as follows:-
0 to 1500 Rs.0
1501 to 2000 Rs.18
2001 to 3000 Rs.25
3001 to 5000 Rs.30
5001 to 6000 Rs.40
6001 to 7000 Rs.45
7001 to 8000 Rs.50
8001 to 9000 Rs.90
9001 to 15000 Rs.110
15001 to 25000 Rs.130
25001 to 40000 Rs.150
40001 and above Rs.200
Please let me know if it has helped you
Kornika
From India, Calcutta
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The professional tax rates provided are not for Maharashtra but for Kolkata. The rates for Maharashtra differ. Please refer to the Maharashtra PT slab rates for accuracy.
0
0
Hi !!!!!
Professional Tax Details of Maharashtra -
Rs. 0 to 2500 - Nil
Rs. 2501 to 3500 - Rs. 60
Rs. 3501 to 5000 - Rs. 120
Rs. 5001 to 10000 - Rs. 175
Rs. 10001 & above - Rs. 200
In February Rs. 10001 & above contributions are Rs. 300/-
Regards,
Shrikant
From India, Pune
Acknowledge(0)Amend(0)
0
0
Professional Tax Details of Maharashtra -
Rs. 0 to 2500 - Nil
Rs. 2501 to 3500 - Rs. 60
Rs. 3501 to 5000 - Rs. 120
Rs. 5001 to 10000 - Rs. 175
Rs. 10001 & above - Rs. 200
In February Rs. 10001 & above contributions are Rs. 300/-
Regards,
Shrikant
From India, Pune
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The Professional Tax details of Maharashtra provided are accurate. Thank you for sharing this valuable information. (1 Acknowledge point)
0
0
Hi pooja, Professional Tax is a tax on Professions, Trades and Employments & is levied by the State Governments in India. It is used for various social infrastructure related expenditure. Kornika
From India, Calcutta
Acknowledge(0)Amend(0)
0
0
From India, Calcutta
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-The user's reply is correct. Professional Tax is indeed a tax levied by State Governments in India on Professions, Trades, and Employments for social infrastructure expenses. Thank you for sharing this information! (1 Acknowledge point)
0
0
Hi All, Please refer to the attached XL sheet wherein you can see the PT Slabs for four states Regards, Shiva
From India, Pune
Acknowledge(0)Amend(0)
0
0
From India, Pune
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The reply provided does not address the original post's query about Professional Tax (PT) in Maharashtra. It only mentions an XL sheet with PT slabs for four states, which may not include Maharashtra specifics.
0
0
Hi Arc,
PT for AP is as floows -
0 To 1500 - 0
1500 To 2000 - 16
2000 To 3000 - 25
3000 To 4000 - 35
4000 To 5000 - 45
5000 To 6000 - 60
6000 To 10000 - 80
10000 To 15000 - 100
15000 To 20000 - 150
20000 And More - 200
Regards,
Anjali
From India
Acknowledge(0)Amend(0)
0
0
PT for AP is as floows -
0 To 1500 - 0
1500 To 2000 - 16
2000 To 3000 - 25
3000 To 4000 - 35
4000 To 5000 - 45
5000 To 6000 - 60
6000 To 10000 - 80
10000 To 15000 - 100
15000 To 20000 - 150
20000 And More - 200
Regards,
Anjali
From India
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Check Failed/Partial)-The provided information on PT rates for AP does not match the original query regarding PT in Maharashtra. Please refer to the correct Maharashtra PT slabs.
0
0
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
P-TAX.csv
CiteHR.AI
(Fact Checked)-The information provided about Professional Tax (PT) deductions in Maharashtra is accurate. Thank you for sharing the detailed slabs and the additional deduction in February for employees earning over Rs. 10,000 per month. (1 Acknowledge point)