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mytaxes > India Tax Forum > TDS rates, Fringe Benefit Tax, Service Tax, Professional Tax, Value Added Tax, Central Sales Tax > Professon Tax rate in Madhya Pradesh (M.P.)
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Author Topic: Professon Tax rate in Madhya Pradesh (M.P.)  (Read 2691 times)
raju101
Jr. Member
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Posts: 19
« on: August 27, 2009, 04:59:04 AM »
What is the current profesion tax rate in M.P. for employees?
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jss
Sr. Member
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Posts: 52
« Reply #1 on: August 27, 2009, 05:20:58 AM »
Persons in employment whose annual salary or wage -
 (i)  does not exceed Rs. 1,20,000               Nil
 (ii)  exceeds Rs. 120,000 but does not exceed Rs. 150,000      Rs. 1000 per year
 (iii)  exceeds Rs. 150,000 but does not exceed Rs. 180,000     Rs. 1500 per year
 (iv)  exceeds Rs. 1,80,000            Rs. 2500 per year
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