The Maharashtra State Tax On Professions, Trades, Callings And Employments Acts, 1975

Profession tax is levied under the  Maharashtra StateTax on Professions, Trades, Callings and Employment Rules, 1975. This tax shall be paid by every person exercising any profession or calling or is engaged in any trade or holds any appointment, public or private.

For the month of February, Rs.300 to be paid.

  Monthly Salary Range        PT/Month  
Rs.1 to 7,500 0

Rs.7,501 to Rs.10,000

For women employees

0
Rs.10,001 and above Rs.200

Rs.7501 to Rs.10,000

For male employees

Rs.175

 

 

Compliances


Exemptions from payment of profession tax

  • Any person who draws monthly salary up to Rs.7500
  • Any person suffering from a permanent physical disability (including  blindness) which has the effect of reducing considerably such individual’s capacity for normal work or engaging in a gainful employment or occupations.
  • Parents or Guardians of a child suffering from a physical disability as specified
  • Parents or Guardian of any person who is suffering from mental retardation specified in the rules made in this behalf,which is certified by a psychiatrist working in a Government Hospital
  • The person who has completed age of 65 years

Applicability

  • It extends to the whole of the State of Maharashtra.
  • A person employed on salary or wages, and includes a Government servant receiving pay from the revenues of the Central Government or any State Government or the Railway Fund, a person in the service of a body, whether incorporated or not, which is owned or controlled by the Central Government or any State Government, where the body operates in any part of the State, eventhough its headquarters may be outside the State, a person engaged in any employment of an employer, and any person who is engaged actively or otherwise in any profession, trade, calling or employment in the State of Maharashtra, and includes a Hindu undivided family, firm, company corporation or other corporate body, any society, club or association, so engaged, but does not include any person who earns wages on a casual basis.

References

Bare Act

Rules

Rules Amendment May 2015

Act Amendment Apr 2015

Act Amendment_XVII of 2015

100% statutory compliance

All statutory deductions for PF, ESI, Professional tax, IT, etc., are automatically updated by our payroll system as per the latest laws and amendments.

100% statutory compliance

All statutory deductions for PF, ESI, Professional tax, IT, etc., are automatically updated by our payroll system as per the latest laws and amendments.