The Madhya Pradesh State Tax on Professions, Trades, Callings and Employment Act, 1995 (commonly know as Profession Tax Act) with the object of levying tax on professions, trades, callings and employments. It extends to the whole state of Madhya Pradesh.
|Yearly Salary Range||PT/Year|
|Up to Rs.1,50,000||0|
|Rs.1,50,001 to Rs. 1,79,000||Rs.1,500|
|Rs. 1,80,000 and above||Rs.2,500|
An act to provide for the levy of a tax on professions, trades, callings and employments in Madhya Pradesh. Be it enacted by the Madhya Pradesh Legislature in the Forty-Sixth year of the Republic of India as follows : Sec. 1 : Short title, extent and commencement (1) This Act may be called the Madhya Pradesh Vritti Kar Adhiniyam, 1995.
(2) It extends to the whole of Madhya Pradesh. (3) It shall be deemed to have come into force on the 1st day of April, 1995.
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