Maharashtra Professional Tax slab changes – 2023

Maharashtra has revised its Professional tax slabs w.e.f 1st April 2023. In his article, we will cover all the changes made. Profession Tax is levied on salaried and self-employed individuals who earn income working in the private sector or the government sector, in various states in India. It is subject to a minimum limit of income and charges differ as per the applicable slab rates of the states.

Note: Senior citizens and handicapped persons with more than 40% physical or mental disability are exempted from paying Professional tax in Maharashtra.

How can one pay Professional Tax in Maharashtra

For a salaried person

The professional tax for a salaried person is deducted directly by the employer and deposited with the municipal corporation.

For non-salaried individual

Non-salaried or self-employed individuals can pay the Professional tax directly to the government via tax collection centres or through PT online portal.

New changes in the Professional Tax slab in the year 2023

Major changes in the tax slab this year have been made towards the tax slabs of women. As per the notified schedule of the amended professional tax act, the limit for deducting professional tax has been increased from Rs 10,000 to Rs 25,000 for female employees.

Female salaried employees who earn a salary between Rs 10,000 to Rs 25,000 will earn an additional Rs 2,500 annually from April 1, 2023. This means that there will be no more professional tax deductions for female employees from April 2023 onwards if the salary is Rs 25,000 and below.

Below is the tabular representation of the same

Old Slab

New Slab

Male – No change

Female- No change

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