Revised profession tax on salary and wage earners in the state of Gujarat
In a recent update, the Finance Department of Gujarat announced a change in the profession tax rules. As per notification GHN-35-PFT-2022-S.3(2)(10)-TH dated April 8, 2022, individuals earning a monthly salary or wage of Rs. 12,000 or less will no longer have to pay any profession tax. This new rule came into effect from April 1, 2022, providing some relief to low-income earners in the state. This change is part of ongoing efforts to ease the tax burden on salary earners.
Here is the table of revised profession tax in Gujarat:
Sr No | Class of Persons | Rate of Tax per month |
---|---|---|
1 | A) Salary & wages earners of the state government, Central Government, Panchayats, Public Sector Undertakings of the State & Central Government, and Grant-In-Aid institutions whose monthly salaries or wages are | |
i) Up to Rs 12,000/- | Zero | |
ii) More than Rs 12,000/- | Rs. 200/- | |
B) Salary & wages earners other than those mentioned in sub-entry (A) above, whose institutions whose monthly salaries or wages are | ||
i) Up to Rs 12,000/- | Zero | |
ii) More than Rs 12,000/- | Rs. 200/- |