Madhya Pradesh Professional Tax Revised Slab Rate

The Government of Madhya Pradesh has revised the Professional Tax slab rate payable by the employees employed in the private sector. The new rates will be applicable w.e.f. 01-04-2018.

Annual Salary

Annual PT

Below Rs. 2,25,000

  NIL

Rs. 2,25,000 – Rs. 3,00,000

  1500

Rs. 3,00,000 – Rs. 4,00,000

2000

Above Rs. 4,00,000

2500

PT is deducted from the monthly salary of the employees in equal installments and deposited with the department using professional tax

Below will be the actual monthly PT deduction rate:

Monthly Salary

     Monthly PT  

Below Rs. 18,750

  NIL

Rs. 18,750 – Rs. 25,000

  125

Rs. 25,000 – Rs. 33,333

167

Above Rs. 33333

208

To know more about this, click here.



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