Respected Members,
As you are aware, effective from 1st August 2008, professional tax slabs have been revised in Karnataka. I would like to share the details I have received on this.
Hitherto, Profession Tax was applicable for employees drawing a salary of Rs 3,000 and above per month. Consequently, PT payable was Rs 30 for the salary slab of Rs 3,000 to Rs 4,999.
With effect from 1st August 2008, employees drawing a salary up to Rs 4,999 per month are exempted from payment of PT. The existing slab from 1st August 2008 is as follows:
1. Rs 5,000 to Rs 7,999 - Rs 60
2. Rs 8,000 to Rs 9,999 - Rs 100
3. Rs 10,000 to Rs 14,999 - Rs 150
4. Rs 15,000 and above - Rs 200
Thanks and Regards,
KRISHNARAJ P R
9840355204
As you are aware, effective from 1st August 2008, professional tax slabs have been revised in Karnataka. I would like to share the details I have received on this.
Hitherto, Profession Tax was applicable for employees drawing a salary of Rs 3,000 and above per month. Consequently, PT payable was Rs 30 for the salary slab of Rs 3,000 to Rs 4,999.
With effect from 1st August 2008, employees drawing a salary up to Rs 4,999 per month are exempted from payment of PT. The existing slab from 1st August 2008 is as follows:
1. Rs 5,000 to Rs 7,999 - Rs 60
2. Rs 8,000 to Rs 9,999 - Rs 100
3. Rs 10,000 to Rs 14,999 - Rs 150
4. Rs 15,000 and above - Rs 200
Thanks and Regards,
KRISHNARAJ P R
9840355204