The kerala municipality act, 1994 as amended by acts 20 of 1994, 33 of 2005, 34 of 2005, 35 of 2005, 36 of 2005 and act 37 of 2005 an act to replace the present enactments relating to municipalities and municipal corporations by a comprehensive enactment in line with the constitution seventy fourth amendment act preamble. Accordingly, government have decided to amend the kerala panehayat raj profession tax rules, 1996 suitably. Jul 18, 2019 professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920 along with with their payment due dates, associated forms, and website details. The profession tax rates are set by the government of kerala as per the income slabs of. Jan 05, 2017 madhya pradesh professional tax rate slab. Profession tax validation and reassessment act, 1958. The profession tax rates are set by the government of kerala as per the income slabs of the. Professional tax is a tax levied by the various state governments of india on salaried individuals, working in government or nongovernment entities, or in practice of any profession, including chartered accountants, doctors, lawyers etc or carry out some form of business. Every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax. Profession tax due date in cochin income tax forum. Anyone earning an income from salary or anyone practicing a profession such as chartered accountant, lawyer, doctor etc. The maharashtra state tax on profession, trades, callings. Professional tax slab rates in different states updated for.
Profession tax is the tax levied and collected by the state governments in india. Mar 27, 2020 professional tax interest on non payment on of professional tax, article 276. The professional tax is a source of revenue for the state governments which helps in implementing schemes for the welfare and development of the. When the local authorities panchayat municipality corporation issue notice us 250 chapter 14 of the kerala municipalities act. Statement of objects and reasons at present the levy and collection of profession tax. The profession tax rates are set by the government of kerala as per the income slabs of the individual. The tamil nadu panchayats act, 1994 tamil nadu act 21 of 1994 1 chapter ixa tax on profession, trade, calling and employment 198a. Act 23 of 2019 the kerala industrial single window clearance boards and industrial township area development amendment act, 2019 no. In section 23 of the value added tax act, 1 in subsection 5, a in clause a, for the words during the course of any proceedings under this act, if the prescribed authority is satisfied the words where the prescribed authority has reason to believe shall be substituted. In the kerala stamp act, 1959 17 of 1959, 1 in section 2, the existing clause ff shall be relettered as clause fa and after clause fa as so relettered, the following clauses. Sc upholds constitutional validity of section 43b of income tax act, only actual payment will entitle deduction, read judgement indianorigin doctor couple sue uk government on safety fears sc awards exraw employee.
An act to provide for the issue of revenue cards to individual families to enable the members of such families to use the same as an authoritative document in lieu of the various certificates issued by the government departments, local bodies and other institutions of the government and for. Levied under article 276 2 of the indian constitution, professional tax is. As per the as per kerala municipal act, 1994 section 254 it is mandatory for all employees who are drawing a half yearly salary of more than rs. Corporations by a comprehensive enactment in line with the constitution seventy fourth amendment act. Accordingly, government have decided to amend the kerala panehayat raj profession tax. This tax is to be paid to the respective corporation municipality in which the company is situated.
It extends to the whole of the state of maharashtra. Whereas it is expedient further to amend the kerala municipality act, 1994 20 of 1994 for the purposes hereinafter appearing. Total amount of professional tax paid during the year is allowed as deduction under the income tax act. This form of tax was first levied in india in the year 1949 and the power to levy professional tax has been given to the states by way of clause 2 of article 276 of the constitution of india. When the local authorities panchayat municipality corporation issue notice us 250 chapter 14 of the kerala municipalities act, 1994. Be it enacted in the fiftyfourth year of the republic of india as follows. The maximum amount of pt that may be levied by any state in a financial year is rs 2500. Professional tax slab rates state wise in india 201920 july 18, 2019 may 7, 2019 by rajesh m here you can find state wise professional tax slab rates of each state in india for 201920. Karnataka tax on professions, trades, callings and employment act, 1976, the karnataka entertainments tax act, 1958, the karnataka agricultural income tax act, 1957, and the karnataka sales tax act. Whereas the kerala municipalities act, 1960 and the kerala. Chartered accountants act, 1949 central act 38 of 1949 or a cost accountant as defined under the cost and works accountants act, 1959. Profession tax means the tax on professions, trades, callings and employments levied under this act. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme.
Kerala municipal act, 1994 section 254 it is mandatory for all employees who are drawing a half yearly salary of more than rs. Profession tax is deductible under section 16 iii of the income tax act. As per the kerala municipal act, 1994, it is mandatory to pay profession tax for all employees or who are drawing a halfyearly salary of more than rs. Profession tax is levied under the karnataka tax on professions, trades, callings and employments act, 1976. Below given are the professional tax slabs for kerala. An act to provide for the levy and collection of a tax on professions, trades, callings and employments for the benefit of the state whereas it is expedient to provide for the levy and collection of a tax on. There is no such registration exclussively for profession tax. Be it enacted in the sixtyeighth year of the republic of india as follows.
Karnataka tax on professions, trades, callings and employment act, 1976, the karnataka entertainments tax act, 1958, the karnataka agricultural income tax act, 1957, and the karnataka sales tax act, 1957 to give effect to the proposals made in the budget speech and matters connected therewith. Levied under article 276 2 of the indian constitution, professional tax. Kerala government has conferred the power of levelling professional tax under the kerala municipality act, 1994. Profession tax act, 1975 maharashtra i purpose and scope the maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975. The web application is designed to enable service of payment of land tax, online mutation and resurvey correction. The kerala agricultural income tax act, 1991 updation upto finance act 2014 luxury tax act the kerala tax on luxuries acts, 1976 incorporating amendments up to th e finance act. Act 16 of 2019 the kerala micro small and medium enterprises facilitation act, 2019 no. Profession 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 as specified in the schedule to the act. Gujarat professional tax slab rate fy 201516 the slab rate for professional tax are vary as per the state on different income of individuals but there is maximum ceiling of professional tax being charged by any state government i.
Professional tax slabs state wise simple tax india. The kerala state tax on professions, trades, callings and employment act, 1996 commonly know as profession tax act came into force with the object of. For the purposes of this chapter, a employee means a person employed on salary and includes. When the local authorities panchayat municipality corporation issue notice us 250 chapter 14 of the kerala municipalities act, 1994, calling the head of the organisation employer to furnish details of employees working in the organisation for the assessment period of six months, you have to furnish the details. An act further to amend the kerala municipality act, 1994. Commissioner, corporation area, employer, month, person, profession tax, salary or. Professional tax forms for all states are available here. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. The profession tax rates are set by the government of kerala. The kerala panchayat raj act 1994 suchitwa mission. In the kerala surcharge on taxes act, 1957 11 of 1957, section 3 shall be omitted. Kerala local authorities entertainments tax rules,1962 22. Mar 07, 2016 kerala professional tax slab rate fy 201516 professional tax was first introduced and levied in year 1949 through constitutional power under clause 2 of article 276 where state are empower to charge the professional tax as per the slab rate defined time to time. May 25, 2019 professional tax forms for all states are available here.
In this act, unless the context otherwise requires,a commissioner means the commissioner of profession tax appointed under section 12, and includes an additional commissioner of profession tax. Get profession tax forms for andhra pradesh, assam, bihar, chattisgarh, gujarat, kerala. Kerala parks,playfeilds and open spaces act,1968 27. The maharashtra state tax on profession, trades, callings and employments act, 1975 act 16 of 1975 keywords. Professional tax in india professional tax is a tax which is levied by the state on the income earned by way of profession, trade, calling or employment. Dear benny as per the as per kerala municipal act, 1994 section 254 it is mandatory for all employees who are drawing a half yearly salary of. Profession tax as per kerala municipal act, 1994 section. According to section 16 iii of the income tax act 1961, the profession tax paid by an employee is allowed as a deduction from hisher gross salary income. In this act, unless the context otherwise requires, a alienation includes transfer of property by way of sale, mortgage, gift, settlement, lease, hypothecation or partition for a bequest under a will. According to section 16 iii of the income tax act 1961, the profession tax.
Also, a maximum penalty of 50% of the total amount due may be levied by the karnataka authority. The maharashtra state tax on profession, trades, callings and. State of kerala and for matters connected therewith or incidental thereto. The kerala state tax on professions, trades, callings and employment act, 1996 commonly know as profession tax act came into force with the object of levying tax on professions, trades, callings and employments. Central act 23 of 1959 or the kerala value added tax rules, 2005 form no. The profession tax assessment is done by the concerned municipal authority on a halfyearly basis. Professional tax in panchayath is governed by kerala panchayath raj professional tax rules,1996 and professional tax in municipality and corporation is governed by kerala municipalities professional tax rules, 2005. Maharashtra state tax on professions, trades, callings and. This form of tax is in practice for a long time and states were continue reading professional tax. The maximum amount of professional tax that can be imposed by any state in india is inr 2500. The total amount of professional tax paid during the year is allowed as deduction under the income tax act. Below given are the professional tax slabs for kerala paid halfyearly or semi. Oct 19, 2007 there is no such registration exclussively for profession tax. Professional tax is the tax by the state governments in india.
Profession tax as per kerala municipal act, 1994 section 254. Every trader or professional who is in arrears of profession tax shall file a return furnishing the details of amount due by him at the rate already determined by the council under the provisions of the tamil nadu tax on professions, trades callings, and employments act, 1992 tamil nadu act 24 of 1992 which was in force for the period from 1. Professional tax slab rates in different states updated. Every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax prescribed under the said schedule. Profession tax is always paid on half yearly basis. Professional tax slab rates state wise in india 201920. As per the section 16 of the income tax act, 1961, the amount paid by the salaried individual as profession tax can be claimed for the income tax deduction. This act is also called as the maharashtra state tax on professions, trade, callings and employments act, 1975. Professional tax is a state tax, imposed by a state government on account of the infrastructure it provides to you so that you can carry out your profession in that state. Get profession tax forms for andhra pradesh, assam, bihar, chattisgarh, gujarat, kerala, madhya pradesh mp, maharashtra, odisha, telangana. Accurate professional tax slabs, benefits for kerala.
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