Get the latest information about professional tax applicable in Telangana for the individuals based on their profession and income level.
Professional taxes are collected by individual state governments on the earnings of an individual. This tax is imposed on individuals who are working in the public as well as private sector or belonging to any profession including lawyers, doctors, CAs or those who are involved in their own businesses.
If you are someone who is employed or involved in any business in Telangana, they must pay this tax to the state government as per the rules and compliances.
According to the Telangana Professional Tax Act 1987, those individuals who are earning in Telangana are eligible to pay this tax. The amount of tax can vary depending on the income with a maximum of ₹ 2,500 for and a minimum of ₹ 110 for an individual. Let’s say you are an individual who is earning ₹ 20,000 in Telangana then you are liable to pay ₹ 200 as professional tax.
Under this professional tax act every individual/entity who is registered are required to fill Form V showing the details of earning as well as the amount of tax deducted.
Every individual who is earning some form of money in Telangana is liable to pay professional tax. Let’s understand in detail who all are required to pay professional tax :
As per the Clause (2) of Article 276 of the Indian Constitution offers the right to the State government to collect professional tax from earning individuals as per the predetermined slab rate.
Below is the slab rate applicable to individuals in Telangana:
| Monthly Income | Payable Tax Amount Per Annum |
|---|---|
| Upto ₹ 15,000 | Nil |
| Between ₹ 15,000 and ₹ 20,000 | ₹ 150 |
| Above ₹ 20,000 | ₹ 200 |
Moreover, the tax slab rate for professional such as Chartered Accountants, engineers and medical practitioners are:
| Tenure of Profession | Payable Tax Amount Per Annum |
|---|---|
| Upto 5 years | Nil |
| More than 5 years | ₹ 2,500 per annum |
We have discussed the individuals on whom professional tax is applicable as well as the tax slab rate. Now let’s discuss how to pay this tax in Telangana online:
If an individual is eligible to pay professional tax then payment has to be made by 10th of every month. If you failed to make the payment on time then you are liable to pay a penalty by the state government.
If an individual fails to pay professional tax on time then a penalty will be imposed that varies from 25% to 50% of the outstanding amount.
Certain individuals are exempted from paying professional tax in Telangana. This includes:
Yes, like other states professional tax is compulsory in Telangana for earning individuals. Moreover business owners and salaried individuals are required to pay.
Professional tax in Telangana varies for an individual based on their income and profession. It is applicable for salaried employees earning salary of more than ₹ 15,000.
Every individual whether business owner, salaried employee is eligible to pay professional tax in Telangana. Individuals who provide professional services like doctors, consultants, CAs are required to pay professional tax.
An individual can pay professional tax using online portal of Telangana government. To pay professional tax online an individual can follow above-mentioned steps.
