Revised profession tax on salary and wage earners in the state of Karnataka
Karnataka Tax on Profession, Trades, Callings and Employments (Amendment) Act, 2023 revised profession tax slab for salary and wage earners. According to this amendment, there will be no profession tax on salary & wages up to Rs. 25,000/- per month. This notification will be effective from April 01, 2023.
Karnataka Profession tax slab rate for FY 2023-24
| Sr No | Class of Persons | Rate of Tax per month |
|---|---|---|
| 1 | A) Salary & wages earners whose monthly salaries or wages are | |
| i) Up to Rs. 25,000/- | 0 | |
| ii) More than Rs. 25,000/- | Rs 200/- |
