Professional Tax :
Jharkhand
Under the Jharkhand Tax on Professions, Trades, Callings and Employments Act, 2011, employers are legally required to deduct professional tax from employees’ salaries in tiered slabs of monthly salary. Those earning below ₹ 25,000 are fully exempted and those earning above ₹ 83,333 pay a maximum flat rate of ₹ 208.00 per month. These payroll liabilities are required to be deducted systematically and submitted through the electronic portal within 15 days from the end of the month strictly to ensure clean compliance and avoid a monthly interest penalty of 2%.
Act Information
Act:The Jharkhand Tax on Professions, Trades, Callings and Employments Act, 2011
Rule:The Jharkhand Tax on Professions, Trades, Callings and Employments Rules, 2011
Applicability:It applies on Salaried workers who make more than ₹3 L a year and Professionals working for themselves, traders, contractors, and employers
Professional Tax Slabs
S.No.:1
Category:Salaried Employees (Per annum)
Frequency:-
Professional Tax Paid:-
S.No.:a
Category:Up to 3 lakhs
Frequency:Annualy
Professional Tax Paid:0
S.No.:b
Category:Rs. 300001 to 5 lakhs
Frequency:Annually
Professional Tax Paid:1200
S.No.:c
Category:Rs. 500001 to 8 Lakhs
Frequency:Annually
Professional Tax Paid:1800
S.No.:d
Category:Rs. 800001 to 10 Lakhs
Frequency:Annually
Professional Tax Paid:2100
S.No.:e
Category:Above Rs. 10 Lakhs
Frequency:Annually
Professional Tax Paid:2500
Employment Categories
Category:Salaried Employees
Applicability Date:Yearly
Return Date:on 31 October yearly
Penalty:On delay payment or failure to pay lead 2% for every month and failure to comply lead to Rs. 500 to 5000 of penalty.