Professional Tax in Assam – Rates & Filing Guide
Professional Tax in Assam – Rates, Registration & Filing Guide What is Professional Tax in Assam? Professional Tax (PT) in Assam is a state-imposed tax governed by the Assam Professions, Trades, Callings, and Employments Taxation Act, 1947. It applies to both salaried individuals and self-employed professionals, including businesses, traders, and certain specialized professions. PT is collected by the state government and used for public welfare and administrative functions. Who is Liable to Pay Professional Tax in Assam? Professional Tax [...]
Professional Tax in Rajasthan – A Guide
Professional Tax in Rajasthan – A Comprehensive Guide Professional Tax (PT) is a state-imposed tax on income earned through employment, profession, or trade. It is levied by individual states under Article 276 of the Indian Constitution and collected by local state governments. While states like Maharashtra, Karnataka, and Gujarat have implemented this tax, Rajasthan does not currently levy professional tax as of 2024. Does Rajasthan Levy Professional Tax? No. As of now, Rajasthan has not enacted any legislation imposing [...]
Professional Tax in India for Self-Employed & Businesses
Professional Tax in India: A Complete Guide for Self-Employed & BusinessesIntroduction to Professional TaxProfessional Tax (PT) is a state-imposed tax levied on individuals earning income through employment, profession, trade, or business. While it is applicable across various states in India, the rates, slabs, and exemptions differ from one state to another. Both salaried individuals and self-employed professionals are required to pay this tax. Who Needs to Pay Professional Tax? Salaried Employees: Deducted by the employer and deposited with the state [...]
Professional Tax in Mizoram: Slabs & Filing Guide
Professional Tax in Mizoram – A Complete GuideWhat is Professional Tax? Professional Tax (PT) is a state-level tax imposed on individuals earning income through salaried employment, business, trade, or professions. In Mizoram, it is regulated by The Mizoram Professions, Trades, Callings, and Employments Taxation Rules, 1996.Applicability of Professional Tax in MizoramProfessional Tax is applicable to:Salaried Employees – Government & private sector employees.Self-Employed Professionals – Doctors, CAs, lawyers, engineers, consultants, etc.Business Owners & Traders – Shops, commercial establishments, and service providers.Professional [...]
Professional Tax in Nagaland: Complete Guide
Professional Tax in Nagaland – A Complete GuideWhat is Professional Tax?Professional Tax (PT) is a state-level tax levied on individuals earning income through salaried employment, business, trade, or professions. In Nagaland, it is governed by The Nagaland Professions, Trades, Callings, and Employments Taxation Act, 1968.Who is Liable to Pay Professional Tax in Nagaland?Professional Tax is applicable to:Salaried Employees – Government & private sector employees.Self-Employed Professionals – Doctors, CAs, lawyers, engineers, consultants, etc.Business Owners & Traders – Shops, commercial establishments, and [...]
Professional Tax in Madhya Pradesh – A Complete Guide
Professional Tax in Madhya Pradesh – A Complete GuideWhat is Professional Tax?Professional Tax (PT) is a state-imposed tax levied on individuals earning income through salaries, businesses, professions, and trades. In Madhya Pradesh, the tax is governed by The Madhya Pradesh Vritti Kar Adhiniyam, 1995 (Professional Tax Act). Applicability of Professional Tax in Madhya PradeshProfessional Tax in Madhya Pradesh applies to:Salaried Individuals: Employees working in private and government sectors.Self-Employed Professionals: Individuals engaged in business or professions like doctors, lawyers, accountants, and [...]
