Professional Tax :
Kerala
As per the Kerala Panchayat Raj Act, 1994, employers have to make mandatory professional tax deductions half yearly on the basis of income slabs in tiers.Gross half-yearly incomes up to ₹11,999 are fully exempt while those earning ₹1,25,000 or more pay a flat rate of ₹1,250.00 per half-year. These payroll liabilities, in order to stay in perfect corporate compliance and avoid the 1% monthly interest penalty, need to be deducted systematically and submitted through the electronic portal strictly by August 31st for the first half and February 28th for the second half.
Act Information
Act:The Kerala Panchayat Raj Act of 1994
Rules:The Kerala Panchayat Raj (Profession Tax) Rules of 1996
Applicability:It applies on Salaried people making more than ₹12,000 half year (i.e., more than ₹2,000 a month) and independent contractors, entrepreneurs, and merchants under the control of the regional organization in charge of PT collection
Professional Tax Slabs
S.No.:1
Category:Salaried Employee
Frequency:Half Yearly
Professional Tax Paid:-
S.No.:a
Category:0 To Rs. 11999
Frequency:Half yearly
Professional Tax Paid:0
S.No.:b
Category:Rs. 12000 to Rs. 17999
Frequency:Half yearly
Professional Tax Paid:320
S.No.:c
Category:Rs 18000 To 29999
Frequency:Half yearly
Professional Tax Paid:450
S.No.:d
Category:Rs 30000 to 44999
Frequency:Half yearly
Professional Tax Paid:600
S.No.:e
Category:Rs 45000 to 99,999
Frequency:Half yearly
Professional Tax Paid:750
S.No.:f
Category:Rs 100000-124999
Frequency:Half yearly
Professional Tax Paid:1000
S.No.:g
Category:Rs 125000 and more
Frequency:Half yearly
Professional Tax Paid:1250
Employment Categories
Category:Salaried Employee
Applicability Date:By 31 August and 28 February
Return Date:By 30 September and By 31 March
Penalty:On failure to pay led to Fine of Rs. 250 to 1000, on non-registration will led to Rs. 5 to 50 per day and 1% penalty per month and fine upto 5000 for delayed payment.