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Monday, July 21, 2014

Professional Tax Rates in Maharashtra w.e.f. 1st July 2014

Profession tax has given a relief to employees earning up to Rs. 7,500/- p.m.

The new rates as applicable w.e.f. 01/07/2014 are as follows:


Salary/Wages up to Rs.Profession Tax to be Paid (Rs.)
7,500/- per monthNIL
7,500/- to 10,000/- per month175/- per month
Above 10,000/- per month"2,500/- per annum.
(March to January - 200/- per month, February – 300/- per month)"

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