Monday, June 17, 2024
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Professional Tax revised

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The State Cabinet on Tuesday revised the slab for the Professional Tax to be paid by different professionals in the State.

According to the new slab, any professional whose gross total annual income is between Rs 50,000 and Rs 75,000 would have to pay Rs 200 annually as professional Tax.

For professionals whose gross total annual income is between Rs 75,000 and Rs 1 lakh the tax has been revised to Rs 300 annually, while those professionals with income ranging between Rs 1 lakh and Rs 1.5 lakh annually would have to pay professional tax of Rs 500.

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