Dear Employers,
This is to inform you that Karnataka Professional tax rate has been changed w.e.f. 1st Apr-2023. Kindly update in your system / Formulas accordingly.
Notification also attached for your reference.
| RATES OF PROFESSIONAL TAX – 2022-2023 | RATES OF PROFESSIONAL TAX – 2023-2024 | |||||
| OLD SLAB RATE | SLAB RATE TILL 31ST MAR-2023 | NEW SLAB RATE | SLAB RATE W.E.F 1ST APRIL-2023 | |||
| 1 | KARNATAKA (BANGALORE) [Monthly] | Amount(Rs.) | 1 | KARNATAKA (BANGALORE) [Monthly] | Amount(Rs.) | |
| Total Income = Upto 14999 | Nil | Total Income = Upto 24999 | Nil | |||
| Total Income = 15,000 to Above | 200 | Total Income = 25,000 to Above | 200 | |||
Thanks.
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