Professional Tax :
Karnataka
Act Information
Act:The Karnataka Tax on Profession, Trades, Callings, and Employments Act of 1976
Rules:The Karnataka Tax on Profession, Trades, Callings, and Employments Rules of 1976
Applicability:It is applicable on Salaried or wage workers who make at least ₹25,000 a month, Employers are requiring PT-RC because they are deducting PT from workers and Self-employed professionals, companies, traders, agents, consultants, etc., who pay a flat fee of ₹2,500 per location annually
Professional Tax Slabs
S.No.:1
Category:Salaried Employees
Frequency:-
Professional Tax Paid:-
S.No.:a
Category:Rs. 0 to 24999
Frequency:Monthly
Professional Tax Paid:0
S.No.:b
Category:Rs. 25000 and more
Frequency:Monthly
Professional Tax Paid:200(Every month except February) and 300 (February)
Employment Categories
Category:Salaried Employees
Applicability Date:Within 20 days
Return Date:By 30th May yearly
Penalty:Failure to pay lead to 10% Penalty, late filing led to Rs. 250 per month, for non-registration fine Rs. 5 per day, delay payment 1.5% penalty per month and 100% on willful evasion.