Professional Tax :
Andhra Pradesh
Test is Add an overview, applicability, and key details related to Professional Tax for this state(vinn.
Act Information
Act:Andhra Pradesh Tax on Professions, Trades, Callings and Employments Act, 1987
Rule:Andhra Pradesh Tax on Professions, Trades, Callings and Employments Rules, 1987
Applicability:Employees with gross salary more than ₹15,000, Self-Employed or professionals required to pay annually and Business or contractors or companies that are GST registered with turnover more than ₹10 lakh
Exemption:Senior citizens (above 60 years), parents of physically handicapped persons, persons with mental retardation, and those drawing pension or earning income below ₹15,000 per month are exempted from paying Professional Tax.
Authority:Commercial Taxes Department, Government of Andhra Pradesh
Professional Tax Slabs
S.No.:1
Earned Salary:Up to Rs. 15000/-
PT Amount:Nil
Remarks:Nil
S.No.:2
Earned Salary:Rs. 15001/- to Rs. 20000/-
PT Amount:Rs. 150/-
Remarks:Nil
S.No.:3
Earned Salary:From Rs. 20001/-
PT Amount:Rs. 200/-
Remarks:Nil
Employment Categories
PT Payment Due Date:10th of every month
PT Return Due Date:10th of every month
Interest On Late Payment:Interest of 1.25% to 2% on the due amount.
Penalty On Late Payment:Penalty of 25% to 50% on the due amount.