December 22, 2013

PROFESSION TAX RATES IN KERALA PANCHAYATS


                                                     PROFESSION TAX RATE IN KERALA PANCHAYAT

             Professional tax will be payable if half-yearly earnings of employees working in offices, companies or other establishments exceed Rs. 12,000.Those getting income from deposits would also be liable to pay the tax.The following is the tax payable by them half-yearly.




SLAB

HALF YEARLY INCOME  IN RUPEES


MAXIMAM HALF YEARLY TAX IN RUPEES
I
From 12,000 to 17,999
120
II
From 18,000 to 29,999
180
III
From 30,000to 44,999
300
IV
From 45,000 to 59,999
450
V
From 60,000 to 74,999
600
VI
From 75,000 to 99,999
750
VII
From 1,00,000 to 1,24,999
1000
VIII
From 1,25,000 to Onwards
1250

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