New Professional Tax Slab Rates 2024-25 PDF: Online Payment, Login, Exemption, Due Date
Professional Tax Slab Rates 2024-25: Professional tax is essentially a tax imposed on individuals engaged in various professions, trades, and employment types throughout the country. This tax is calculated based on the income generated from these professions, trades, and employment, and it is specifically levied on a diverse range of individuals, including salaried employees, self-employed business owners, freelancers, and other professionals.
The thresholds for professional tax vary by state; for example, in Karnataka, the tax applies to anyone whose monthly income exceeds ₹25,000, while in Andhra Pradesh the limit is set at ₹15,000, in West Bengal it is ₹10,000, in Maharashtra it is ₹7,500, and in Tamil Nadu it stands at ₹21,000. This tax serves as a source of revenue for state governments and contributes to the development of local infrastructure and services.
Professional Tax Explained: Essential Guide for Salaried Employees
All salaried employees, including those working in both the private sector and various branches of the state and central government, are well aware of the intricacies surrounding the Professional Tax in India. This tax is systematically deducted from their monthly salary and is clearly reflected in their salary slip, as well as in the annual Form-16, which is a crucial document for tax filing. Consequently, it is essential for every salaried employee to stay informed about the revised tax rates that are periodically updated, typically every six months or twice a year, to ensure compliance and financial planning. Understanding these regulations not only helps in accurate tax payments but also in managing their overall financial health.
Professional Tax Rates in Tamil Nadu 2024
On Tuesday, the Greater Chennai Corporation (GCC) officially passed a significant resolution that mandates a substantial hike in professional tax rates by 35 percent for salaried individuals whose monthly earnings exceed Rs 21,000. This carefully considered resolution emphasizes that every five years, the professional tax rates can be subject to revision by the governing board.
As part of the fiscal measures for the current financial year 2024 – 2025, the local governing body has executed an increase in the half-yearly professional tax levied on salaried individuals by an impressive 35 percent. Specifically, individuals earning a salary ranging from Rs 21,000 to Rs 30,000 will now be required to pay Rs 180 in professional tax, a notable rise from the previous amount of Rs 135.
For those whose salaries fall between Rs 30,001 and Rs 45,000, the professional tax has escalated from Rs 315 to a new rate of Rs 430 every six months. Additionally, individuals earning from Rs 45,001 to Rs 60,000 will now face a professional tax obligation of Rs 930, a marked increase from the earlier rate of Rs 690.
It is important to note, however, that for salaried persons earning between Rs 6,000 and Rs 75,000, the established professional tax amounts will remain unchanged, with individuals still liable to pay Rs 1,025 and Rs 1,250, respectively. As per the usual regulations, there continues to be no professional tax imposed on those earning below the threshold of Rs 21,000.
TN Professional Tax Rates Table 2024
| Slab | Rates |
| Below Rs. 21,000 | No Tax |
| Rs. 21,001 – 30,000 | Rs. 180 |
| Rs. 30,001 – 45,000 | Rs. 430 |
| Rs. 45,001 – 60,000 | Rs. 930 |
| Rs. 60,001 – 75,000 | Rs. 1,025 |
| Above Rs. 75,001 | Rs. 1,250 |
Professional Tax Rates in Maharashtra 2024
In the Indian state of Maharashtra, the Professional Tax is levied on both men and women, but with separate rate slabs that dictate the amounts based on monthly income levels. For men, if their monthly salaries or wages are at or below Rs. 7,500, there is no tax obligation whatsoever. However, for those earning between Rs. 7,501 and Rs. 10,000, a tax of Rs. 175 per month is applicable. Furthermore, for individuals whose monthly earnings exceed Rs. 10,000, the tax levied is significantly higher, amounting to Rs. 2,500 per annum. To provide a clearer understanding of these tax structures and rates, the following table outlines all relevant factors and categories in detail.
| In case of Men Whose Monthly Salary or Wages | |
| Upto Rs.7500 | No Tax |
| Rs. 7501 to Rs. 10000 | Rs.175 Per Month |
| Above Rs.10000 | Rs.2500 Per Year |
| In case of Women Whose Monthly Salary or Wages | |
| Upto Rs.25000 | No Tax |
| Above Rs. 25000 | Rs.2500 Per Year |
Professional Tax Rates in Karnataka 2024
In the year 2024, the professional tax rates established by the government for the state of Karnataka outline specific financial obligations for salary or wage earners. According to these regulations, individuals whose monthly earnings amount to Rs. 25,000 or more are required to contribute a professional tax of Rs. 200 each month. This tax is designed to be collected from those who engage in various professions, trades, callings, or employment opportunities within the state of Karnataka, allowing for a structured approach to taxation.
Eligibility for paying this professional tax extends to anyone actively engaged in these professional activities, and the responsibility for ensuring compliance falls on different parties based on employment status. For salaried employees, their respective employers take on the critical role of deducting the appropriate amount of professional tax from their wages and remitting the payment to the state government according to the established rate slabs. Additionally, employers must also handle the registration process to obtain the necessary professional tax registration certificates, ensuring all legal obligations are met.
For self-employed professionals who wish to comply with the professional tax requirements, the process is straightforward. They can easily enroll in the system using their Permanent Account Number (PAN) or Goods and Services Tax Identification Number (GSTIN) and then proceed to make their payments online. This convenient method allows professionals to manage their tax obligations efficiently and seamlessly within the digital landscape.
Who are all eligible for Professional Tax in Karnataka?
- Individuals receiving a monthly salary or wage of Rs. 25,000 or more
- Self-employed persons engaged in Professions, Trades, Callings
and Employments - Legal practitioners
- Consultants
- Agents
- Chartered Accountants and Actuaries
- Engineers
- Health care professionals
- Estate Agents or Brokers
- Beauty parlours
- Dry cleaners and interior decorators
- Computer Training Institutes
- Driving Institutes
- Technical Training Institutes
- Astrologers
- Astropalmists
- Numerologists
- Vaastu consultants
- Directors
- Actors and Actresses