Understanding Professional Tax in Maharashtra: How Is It Calculated and What Are the Basics?

Hi all, are you there?

I really want to know about detailed knowledge regarding professional tax. How is it computed? What's the basis of computation?

Hi,

Professional tax slabs are as mentioned below along with monthly Professional tax amounts:

Employees whose monthly salary/wages are:
- Do not exceed Rs. 2500 - Professional Tax is NIL
- Exceeds Rs. 2500 but not more than Rs. 3500 - Professional Tax is Rs. 60
- Exceeds Rs. 3500 but not more than Rs. 5000 - Professional Tax is Rs. 120
- Exceeds Rs. 5000 but not more than Rs. 10000 - Professional Tax is Rs. 175
- Exceeds Rs. 10000 - Professional Tax is Rs. 200 per month except February
Rs. 300 in the month of February

Hope the above information helps.

Regards,
Akhila

Hi,

Professional tax slabs are as mentioned below along with monthly professional tax amounts:

Employees whose monthly salary/wages are:
- Do not exceed Rs. 2500 - Professional Tax is NIL
- Exceeds Rs. 2500 but not more than Rs. 3500 - Professional Tax is Rs. 60
- Exceeds Rs. 3500 but not more than Rs. 5000 - Professional Tax is Rs. 120
- Exceeds Rs. 5000 but not more than Rs. 10000 - Professional Tax is Rs. 175
- Exceeds Rs. 10000 - Professional Tax is Rs. 200 per month except in February (Rs. 300 in the month of February).

Hope the above information helps.

Regards,
Akhila