Professional Tax Rate Changes in Maharashtra
The Government of Maharashtra has introduced changes to the Professional Tax rates, effective from 01 July 2014. The revised tax slabs for salaried employees in Maharashtra are as follows:
- If monthly wages do not exceed Rs. 7,500, the professional tax is NIL.
- If monthly wages exceed Rs. 7,501 but do not exceed Rs. 10,000, the professional tax is Rs. 175.
- If monthly wages exceed Rs. 10,000, the professional tax is Rs. 2,500 per annum (Rs. 300 in February, Rs. 200 in other months).
Regards,
Sachin Ingole
Location: Mumbai, India
The Government of Maharashtra has introduced changes to the Professional Tax rates, effective from 01 July 2014. The revised tax slabs for salaried employees in Maharashtra are as follows:
- If monthly wages do not exceed Rs. 7,500, the professional tax is NIL.
- If monthly wages exceed Rs. 7,501 but do not exceed Rs. 10,000, the professional tax is Rs. 175.
- If monthly wages exceed Rs. 10,000, the professional tax is Rs. 2,500 per annum (Rs. 300 in February, Rs. 200 in other months).
Regards,
Sachin Ingole
Location: Mumbai, India
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