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  • Maharashtra Professional Tax Slab Rate

    Maharashtra Professional Tax:

    Like other states in India, the Government of Maharashtra also levies professional charges on the income earn from various sources. Professionals working in government or non-government sectors, doctors, lawyers, chartered accountant- they all are responsible for paying professional tax in Maharashtra and get a certificate of Certificate of Enrolment from the concerned authority. Professional Tax in Maharashtra is handled by the Maharashtra State Tax on Professions, Trades, Calling and Employment Act, 1975 which came into effect on 1st April 1975. As per this act, professional tax is applicable for both individuals and companies.

    Who pays professional tax in Maharashtra?

    Professional tax are applicable for both salaried and self-employed professionals who earn income working in government and private organizations and any other modes of employment. Professional tax is subject to a minimum limit of income and charged as per applicable slab rates of a state. Senior citizens above the age of 65 and handicapped persons with more than 40 % disability and parent of a physically disabled and mentally retarded children are exempted from paying professional tax in Maharashtra.

    How to pay Professional Tax in Maharashtra:

    In case of salaried professionals, professional tax is deducted by employers. They deduct it and deposit the total amount with the municipal corporation. Non-salaried individuals can pay it directly to the government via local officials appointed to collect tax. Also, they can pay it online.

    Professional Tax Slab Rates in Maharashtra 2014- 2015:

    The states in India revise their professional tax rates for every financial year. Likewise, the Government of Maharashtra of also revised its professional tax slab rates for the financial year 2014-15. Mentioned below are the professional tax slab rates applicable for salaried and self-employed professionals in Maharashtra.

    Monthly Gross Salary

    Amount Payable as Professional Tax

    Up to Rs.7500 Nil
    Rs. 1000 to Rs.10000 Rs. 175 per month
    Above Rs. 10000 Rs. 2,500 p.a. The amount is can be paid in the following manner:
    • Rs. 200 per month except for the month of February.
    • Rs. 300 for the month of February.

    Maharashtra Professional Tax Slab Rate 2015-16:

    The Government of Maharashtra of also revised its professional tax slab rates for the financial year 2015-16. It offers special privileges for women professional tax payers. A woman whose monthly income is Rs.1000 of less than Rs.1000, she is exempted from paying professional tax in Maharashtra. The professional tax deducted by the Maharashtra Government is subject to the minimum income level of an individual. An individual earning less than 7,500 or up to 7,500 does not have to pay any professional tax in Maharashtra.

    Listed below are revised slab rates of professional tax in Maharashtra:

    Monthly Gross Salary

    Amount Payable as Professional Tax

    Up to Rs. 7,500 Nil
    Rs 7,501-Rs 10,000 Rs. 175
    Above Rs. 10,00 2,500 p.a. The payment is accepted in the following method:
    • Rs. 200 per month except for the month of February.
    • Rs. 300 for the month of February.

    Maharashtra Professional Tax Penalty:

    The Maharashtra Government charges penalty under the following circumstances:

    • Delay in enrolling for professional tax
    • Providing inaccurate information while enrolling for professional tax.
    • Failure to pay professional tax within due date.

    Professional Tax in India:

    Professional Tax is a kind of tax charged by various State Governments. The tax is charged on the income earned by individuals who are engaged in various professions. Professional tax came into existence in 1949 when the government of India entrusted the responsibility of collecting professional tax to the states as per the Article 276, Clause 2 of the Indian Constitution. Professional tax is almost similar with Income tax. The only difference is professional tax is charged by the State Government while Income Tax is charged by the Central Government.

    Initially, at the time of introduction, Rs. 250 was determined as professional tax. Later on the amount was increased to Rs. 2500 in 1998. Over the past few years, the state government has been trying to raise the amount of professional tax form Rs. 2500 to Rs.7000. However, so far the government of India has not raised the amount and maximum amount of it remains the same.

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