New Professional tax slab in Karnataka:
Profession Tax – The exemption limit is increased from Rs.10,000 to Rs.15,000. (Note: Currently, the employees who are drawing salary between Rs.10,000 and Rs.15,000 are paying Rs.150 per month as Profession Tax)
Profession Tax : exemption to senior citizens who have attained age of 60 years and above.
It means
For Salary up to : Rs.14999.00 PT payable is NIL.
For Salary Between Rs.15000.00 and above PT payable will be Rs.200.00
Profession Tax : exemption to senior citizens who have attained age of 60 years and above.
