What Is Professional Tax Deduction In Salary? Professional tax or tax on employment is a tax levied by a state, just like income tax which is levied by the central government. The maximum amount of professional tax that can be levied by a state is Rs 2,500. It is usually deducted by the employer and
Is Professional Tax Applicable In Madhya Pradesh? Madhya Pradesh falls under the category of states that charge professional tax. The professional tax amount to be paid depends on the professional tax slab rate of the particular state. The tax slab rate is different for each year. How much is professional tax in MP? Act The
What Is Slab Rate Of Professional Tax? State Income per Month Tax Rate/Tax Amount (per month) GujaratRs. 9000 to Rs. 11999 Rs. 150 Rs 12000 and aboveRs. 200 Karnataka Up to Rs. 15,000 Nil Rs. 15,001 onwards Rs. 200 What is slab rate in tax? ₹187500 + 30% of total income exceeding ₹12,50,000. Above ₹