Professional Tax levied in State of Punjab

The act provides for the levy and collection of a tax on professions, trades, callings and employment for the benefit of the state of Punjab.

Salient features:

  1. This act extends to the whole state of Punjab, and offices of the Government of Punjab and offices of any body, whether incorporated or not, which is owned or controlled by the state of Punjab, situated in the capital of Punjab.

  2. It shall come into force on and with effect from the date of its publication in the official gazette.

 

Sl. No         Class of persons Rate
1 All such persons who are assessable under the Head Income from salaries and or wages as per Income Tax Act, 1961. Rs. 200/- per month               
2 All such persons who are assessable under the Head Income from business and or profession as per Income Tax Act, 1961. Rs. 200/- per month

 

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