What is current (2009-10) PT Slab in Mumbai? and what is 2007-08 year’s PT Slab in Mumbai? REPLY
From India , Mumbai
New PT rates effective 01/07/2009 are as below. 0-50000 nil 5001 to 10000 175 10001 and above 2500 per annum (Apr-Jan Rs.200,Feb Rs.300 and Mar Rs.200)
From India , Pune
Maharashtra State Tax on Professions, Trades, Callings and
Employments Act, 1975
Schedule of rates of tax w.e.f. 1.07.2009
SCHEDULE I
(See section 3)
Schedule of rates of tax on professions, trades, callings and employments
1.
Salary and wage earners. Such persons whose monthly salaries or wages,
(a) do not exceed rupees 2,500
Nil
(b) exceed rupees 2,500 but do not
exceed rupees 3,500
Nil
(c) exceed rupees 3,500 but do not
exceed rupees 5,000
Nil
(d) exceed rupees 5,000 but do not
exceed rupees 10,000
175 per month
(e) exceed rupees 10,000
2500 per annum, to be paid in the following manner: -
a) rupees two hundred per month except for the month of February;
b) Rupees three hundred for the month of February.
Thanks...
Regards,
Paresh Rathod

From India , Mumbai
Upto the 30th of june 2009 Following was the Slab Rate for Prof tax
0-2500 Nil
2501-5000 Rs.60 pm
5001-10000 Rs.175 pm
10001 & Above Rs.200 Every Month and in Feb 300
Since 01 Jul 2009 it has changed to
0-5000 Nil
5000-10000 Rs.175 pm
10001 & Above Rs.200 Every Month and in Feb 300

From India , Mumbai
New PT Slab w.e.f. 01-07-2014 for Maharashtra state 0-7500 Nil 7501-10000 Rs.175 pm 10001 & Above Rs.200 Every Month and in Feb 300
From India , Mumbai
PT is a tax which is levied by the State on the Income earned by the way of profession, trade, calling or employment. This tax is levied based on slab rates depending on the Income of individual. This tax is just like Income Tax except for the fact that Income tax is collected by Central Govt and Profession tax is collected by the State Government. Any amount paid as Profession Tax is allowed as a deduction.
Profession Tax Slab for State

PROFESSION TAX SLAB RATES (RS.) TAX (IN RS.)
₹0.00 to ₹7,500.00 ₹0.00
₹7,501.00 to ₹10,000.00 ₹175.00
₹10,001.00 to Maximum ₹200.00
Note: Above Rs 10,001/- the Professional tax is payable Rs 200/- for first 11 months and Rs 300/- in the last month for Maharashtra.

From India,

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