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 month | NIL |
| 7,500/- to 10,000/- per month | 175/- per month |
| Above 10,000/- per month | “2,500/- per annum. |
| (March to January – 200/- per month, February – 300/- per month)” |