As per the Karnataka Professional Tax Slab Rates, all individuals earning a monthly gross income of more than Rs. 15,000 are subject to a professional tax of Rs. 200.
The state government collects professional tax on the gross income from individuals working as government employees or in private and non-government organizations (NGOs).
Karnataka Professional Tax Slab Rates:
As the professional tax levied by each state differs, the maximum amount that Karnataka state can charge is Rs. 2,400/- as Professional Tax. Moreover, the state may change the tax rates every year.
The professional tax slab rates for the Financial Year 2020-21 are:
Monthly Salary (Gross) | Amount to be Paid as Professional Tax Per Month |
Up to Rs 15,000 | Nil |
Rs 15,001 and or above | Rs. 200 |
For any kind of assistance, contact Mr.Manohar B V, FCA, MCom @ manohar@mbvca.in / 9916870055