Professional Tax :
Telangana
As per Telangana Tax on Professions, Trades, Callings and Employments Act 1987, the employers have to deduct the professional tax as mandatory as per the monthly salary slabs. Those earning up to ₹15,000 gross per month are totally exempt while those earning above ₹20,000 pay a flat fee of ₹200.00 per month. The payroll liabilities must be extracted in a systematic way and submitted through the electronic portal strictly by the 10th of each month for maintaining clean corporate compliance and to avoid a monthly interest penalty of 1.25% along with an additional fine of 25% to 30%.
Act Information
Act:Telangana Tax on Professions, Trades, Callings, and Employments Act 1987
Rule:Telangana Tax on Professions, Trades, Callings, and Employments Rules 1987
Applicability:It applies on Employers (apart from State and Central government officials) who withhold taxes from employee salaries and wages are required to register with the PTRC using Form I and Professionals and businesses who work for themselves and do not receive employer-deducted salaries must obtain a PTEC enrollment certificate using Form II.
Professional Tax Slabs
S.No.:1
Category:Salaried Employee
Frequency:Per Month
Professional Tax Paid:-
S.No.:ii
Category:Up to Rs 15000
Frequency:Monthly
Professional Tax Paid:0
S.No.:b
Category:Rs. 15001 to 20000
Frequency:Monthly
Professional Tax Paid:150
S.No.:c
Category:More than Rs. 20000
Frequency:Monthly
Professional Tax Paid:200
Employment Categories
Category:Salaried Employee
Applicabiity Date:By 10th of every month
Return Date:By 10th of every month
Penalty:Fine of Rs. 5 per day for individuals, employer is 10-20 per day and 1.25% interest with 25-30% penalty for late payment or non-payment.