Get the latest information about professional tax slab rates applicable in Gujarat for the individuals based on their profession and income level.
Those taxes which are collected by the government of individual states on the basis of the salary of individuals are referred to as professional taxes. In Gujarat, professional taxes are imposed on employees who earn salaries, individuals earning through their profession as well as self-employed individuals.
Professional taxes are paid in Gujarat by individuals either monthly or quarterly.
An individual who is involved in any business, employment or trade-in Gujarat is required to pay the tax to the authorities according to the defined tax slab rate. The maximum amount of tax an individual has to pay as professional tax is capped at a maximum of ₹ 2,500.
For employees, the professional tax is deducted by the employer from the income. An individual who is running a business in Gujarat has to pay professional tax to the government themselves.
The professional tax in Gujarat is regulated by The Gujarat State Tax on Professions, Trade, Calling and Employment Act 1976 for employees as well as self-employed individuals. The tax is imposed by the Gujarat State Government for the benefit of panchayats, municipal corporations and the whole state. The professional tax is collected by municipal authorities in Gujarat.
The tax slab rate varies based on the earnings of an individual. Below is the table showing the tax slab rate for individuals in Gujarat:
Monthly Salary Range | Payable Tax Amount |
---|---|
Salary upto ₹ 12,000 | Nil |
₹ 12,000 and above salary | ₹ 200 |
We have understood the slab rate and applicability of Professional Tax. Now the major question arises “How to pay Professional Taxes?”.
A series of steps has to be followed to pay professional tax in the following states in Gujarat:
According to the Profession Act of Gujarat if an individual fails to make the payment on time an individual is liable to pay a late fee payment along with the annual interest of 18% on the outstanding amount.
Here is the list of individuals who are exempted from paying professional taxes in Gujarat:
Yes, like other states professional tax is compulsory in Gujarat for earning individuals. Moreover business owners and salaried individuals are required to pay professional tax. Any late payment will attract penalty.
The maximum amount of professional tax an individual has to pay in Karnataka is ₹ 2,500. Rest all depends on the income of the individual. If your salary is above ₹ 13,500 you are required to pay ₹ 200 as professional tax.
Every individual whether business owner, salaried employee who are earning more than ₹ 13,500 are eligible to pay professional tax in Gujarat. Individuals who provide professional services like doctors, consultants, CAs are required to pay professional tax.
An individual can pay professional tax in Gujarat using state wise online portal of Ahmedabad, Surat and Vadodara . To pay professional tax online an individual can follow above-mentioned steps.