Professional Tax slabs and rates in as per Karnataka Professional Act (PT)
The due date for Professional Tax Payments in Karnataka is 30 April. Every entity liable to pay tax shall pay before this date to avoid any interest or penalty.
The slabs for PT are:
|Less than 10,000||Nil|
|10,000 to 14,999||Rs. 150 Per Month|
|15,000 or More||
Rs. 200 Per Month
For Vat Dealers (Those who have registered for VAT)
|Upto Rs. 2 Lakhs||Nil|
|2 Lakhs or more but less than 10,00,000||1000 Per Annum|
|Not less than 10 Lakhs but less than 25 Lakhs||1500 Per Annum|
|Rs. 25 Lakh or More||2500 Per Annum|
For other entities and details see Karnataka PT Site. Here is the schedule for full Karnataka PT slabs.
Sir, if vat dealer has different braches in the same city, does each branch has to get registered under VAT as well as PT seperately or not ?