Revised profession tax on salary/wage earners in the state of Maharashtra
Maharashtra government vide L.A. Bill No. XIII of 2023 Dated 20th March 2023 revised profession tax slab for salary and wage earners to give effect to the budget proposal. According to this notification there will no profession tax on women employees earning salary & wages up to Rs. 25000/- per month. This amendment will be effective from April 01, 2023.
Here is the revised Maharashtra Profession tax slab rate :
| Sr No | Class of Persons | Rate of Tax per month |
|---|---|---|
| 1 | A) Salary & wages earners whose monthly salaries or wages are (in case of male employees) | |
| i) Up to Rs 7,500/- | 0/- | |
| ii) between Rs. 7,500/- to 10,000/- | Rs. 175/- | |
| iii) More than Rs.10,000/ | Rs. 200/-for 11 months & Rs. 300/- for February [Annual Total Rs. 2500/-] | |
| 2 | B) Salary & wages earners whose monthly salaries or wages are (in case of female employees) | |
| i) Up to Rs. 25,000/- | 0/- | |
| ii) More than Rs. 25,000/- | Rs. 200/-for 11 months & Rs. 300/- for February [Annual Total Rs. 2500/-] |
#Maharashtra Profession tax slab rate FY 2023-24
#Periodicity for filling PTRC returns for the FY 2023-24: Read here