HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › Professional Tax in Maharashtra › Reply To: Professional Tax in Maharashtra
Professional tax can be defined as a tax that is levied by a state government on all individuals who earn a living through any medium. For salaried individuals, maharashtra government entrusts the duty of assessing and deducting professional tax to the employers. It varies from state to state and in Maharashtra, income earned by an employee is split in slabs and the amount liable to be paid as professional tax is defined for each slab.
In Maharashtra, professional tax is regulated by the Maharashtra State Tax on Professions, Trades, Callings and Employments. It offers special privileges to women professional tax payers. Any individual who earns above Rs. 7500 per month is liable to pay professional tax in Maharashtra. Women earning salary upto Rs. 10000 are exempt from Professional Tax. Rs. 2500 is the maximum amount that any payer may have to remit in a year as professional.
Professional tax is calculated on the monthly gross salary.
Please check the link below for the Maharashtra Professional tax slab and other details.
https://www.lenvica.com/professional-tax-in-maharashtra-pt-slab/