Understanding PT Deductions: How Should I Explain the ₹2,500 Yearly Charge?

I have a query because someone asked me what the PT amount deducted is, and my answer was ₹175 for below ₹10,000 and ₹200 for ₹10,000 and above, with a yearly deduction of ₹2,500. Then he asked why ₹2,500. So now, what should have been my answer?

As per my knowledge, it is ₹300 for the month of March, so it will be ₹2,500 yearly.

As per the rule in Maharashtra, the Professional Tax (PT) amount for those drawing a salary of more than Rs. 10,000 is Rs. 2,500 per annum. According to the slab, we deduct Rs. 200 per month, which amounts to Rs. 2,400 per annum. Therefore, in the month of February, we deduct Rs. 300.

Regards,

It varies from state to state. Please confirm with the Professional Tax Authorities of your state. You can also post the thread to that effect.

Regards,
S. Bhaskar
[Phone Number Removed For Privacy Reasons]

Please find the Professional tax slab as per Karnataka's rule:

- 0 to 9999: 0
- 10000 to 14999: 150 per month
- 15000 and above: 200 per month

Regards,
Saanika

What is the due date for paying monthly P Tax? Please forward any document in support of your answer.

Regards

I have a query because someone asked me what is the PT amount deducted, and my answer was ₹175 if below ₹10,000 and ₹200 if ₹10,000 and above, and yearly ₹2,500. Then he asked why ₹2,500.

Maharashtra State PT Regulations

As per Maharashtra State PT regulations, the amount is ₹2,500 per year. For incomes up to ₹5,000, it is nil; from ₹5,001 to ₹10,000, it is ₹175 per month; and above ₹10,000, it is ₹200 per month, except in February when it is ₹300 per month. This may vary from state to state.

Regards,
Kamat V. P.
[Phone Number Removed For Privacy Reasons]

The Government of Maharashtra, through the Department of Professional Tax, has issued a circular regarding this matter. You can obtain it from your area's P.T. office. The circular clearly states that individuals earning more than Rs. 10,000 are required to pay Rs. 200 per month and Rs. 300 in the month of February to reach the maximum P.T. amount of Rs. 2,500 per annum.

Regards,
KIRAN KALE