Accounts Knowledge Hub

Finance, Taxation and All Statutory Information For Everyone

Accounts Knowledge Hub

Finance, Taxation and All Statutory Information For Everyone

ProfessionalTax

Professional Tax Rates in Maharashtra w.e.f. 1st July 2014


Profession tax has given a relief to employees earning up to Rs. 7,500/- p.m.


The new rates as applicable w.e.f. 01/07/2014 are as follows:


Salary/Wages up to Rs.Profession Tax to be Paid (Rs.)
7,500/- per monthNIL
7,500/- to 10,000/- per month175/- per month
Above 10,000/- per month“2,500/- per annum.
(March to January – 200/- per month, February – 300/- per month)”