Professional Tax :
Assam
Professional Tax deductions are mandatory in Assam and are to be executed by the employer on a tier basis as per the monthly salary slabs as per the Assam Professions, Trades, Callings and Employments Taxation Act, 1947. The exemption limit is of ₹15,000 for employees while those drawing between ₹15,001 and ₹25,000 will contribute ₹180.00 and those drawing above ₹25,000 will contribute a flat ₹208.00 per month. To remain in clean compliance, these payroll liabilities need to be systematically deducted and filed through the electronic portal no later than the last day of the following month, or you will face a 1.25% interest penalty.
Act Information
Act:Assam Professions, Trades, Callings and Employments Taxation Act, 1947
Rule:The Assam Professions, Trades, Callings and Employments Taxation Rules, 1947
Applicability:It applies on salaried workers who make more than ₹15,000 a month, independent contractors (physicians, attorneys, certified public accountants, etc.), Dealers, traders, employers, and proprietors of factories or mills, including those registered for GST and Some sectors (such as the media, nursing homes, beauty salons, etc.)
Professional Tax Slabs
S.No.:1
Earned Salary:Up to Rs. 15000/-
PT Amount:Nil
Remarks:Nil
S.No.:2
Earned Salary:From Rs. 15001/- to Rs. 25000
PT Amount:Rs. 180
Remarks:Nil
S.No.:3
Earned Salary:From Rs. 25001/-
PT Amount:Rs. 208
Remarks:Nil
Employment Categories
PT Payment Due Date:last day of every month
PT Return Due Date:last day of every month
Interest On Late Payment:Interest of 1.25% on the due amount.
Penalty On Late Payment:Delay filing penalty will lead to fine up to Rs. 1000/-