Madhya Pradesh Professional Tax (PTAX) Revised Slab Rate

Madhya Pradesh Professional Tax Slab Rate, sgc blog

Profession Tax (P.Tax) slab in Madhya Pradesh have been revised. New rates will be applicable w.e.f. 01-04-2018. Click here to download Budget Speech. MP BUDGET 2018-19

Professional Tax in Madhya Pradesh:

Working professionals, traders and people employed in other places have to pay professional tax if their salary qualifies for it. The professional tax levied is collected by the state government of Madhya Pradesh and the tax levied depends on the professional tax slab rate of Madhya Pradesh.

 

Professional Tax Slab Rate in Madhya Pradesh:

Madhya Pradesh falls under the category of states that charge professional tax. The professional tax amount to be paid depends on the professional tax slab rate of the particular state. The tax slab rate is different for each year. Given below is the revised professional tax slab rate for Madhya Pradesh for the year 2018-2019.

 

Monthly salary

Professional Tax Amount of Rs.

Up to Rs. 18750/-

Nil

Rs. 18751 to 25000/-

125

Rs. 25001 to 33333/-

167

Rs. 33334/- or above

208*

Rs. 208 For 11 months and Rs. 212/- for the Twelfth Month.

 

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