The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975
Profession tax is levied under the Maharashtra State Tax 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.
PT Slab
| Monthly Salary Range | PT / Month (Rs.) | Notes |
|---|---|---|
| For women employees | ||
| Rs.1 to Rs.25,000 | 0 | - |
| Rs.25,001 and above | 200 | Two thousand five hundred per annum, to be paid in the following manner: (a) two hundred per month except for the month of February; (b) three hundred for the month of February. |
| For men employees | ||
| Rs.1 to Rs.7,500 | 0 | - |
| Rs.7,501 to Rs.10,000 | 175 | - |
| Rs.10,001 and above | 200 | Two thousand five hundred per annum, to be paid in the following manner: (a) two hundred per month except for the month of February; (b) three hundred for the month of February. |
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, even though 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
- Maharashtra PT (Amendment) Rules, 2020 - inclusion of proviso to Rule 11A - 07 Aug 2020
- Maharashtra PT (Amendment) Act, 2020 - 15 Sep 2020
- Maharashtra PT (Amendment) Rules, 2021 - 04 Feb 2021 - Substitution of Form IIIB w.e.f. 01 April 2021
- Maharashtra PT (Second Amendment) Rules, 2021 - 12 Feb 2021 - For PAN / TAN submission