Professional Tax :
Madhya Pradesh
Act Information
Act:Madhya Pradesh Vritti Kar Adhiniyam, 1955
Rule:Madhya Pradesh Vritti Kar Niyam, 1995
Applicability:It applies on Employers taking taxes out of workers' paychecks and People who work for themselves (professionals, traders, contractors)
Professional Tax Slabs
S.No.:1
Category:Salaried Employees
Frequency:-
Professional Tax Paid:-
S.No.:a
Category:Up to Rs. 225000
Frequency:Annually
Professional Tax Paid:0
S.No.:b
Category:Rs. 225001 to Rs 300000
Frequency:Annually
Professional Tax Paid:1500
S.No.:c
Category:Rs. 300001 to Rs. 400000
Frequency:Annually
Professional Tax Paid:2000
S.No.:d
Category:More than Rs. 4 lakhs
Frequency:Annually
Professional Tax Paid:2500
Employment Categories
Category:Salaried Employees
Applicability Date:By 10 of every month (Monthly) or every 3 months starting from 15 January (quarterly)
Return Date:By 10 of every month (Monthly) or every 3 months starting from 15 January (quarterly)
Penalty:Late filing of return led to Rs. 5 per day and maximum up to Rs. 500, 2% penalty per month on late or non-payment and Rs. 5 per day on delayed registration.