Friday, July 3, 2009

New Rates of Professional Tax w. e. f. from 1-7-2009

AMENDMENTS TO THE MAHARASHTRA STATE TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1975.
4. Amendment to SCHEDULE I of Mah.XVI of 1975.
In SCHEDULE I appended to the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975, (Mah.XVI of 1975) for entry 1, the following entry shall be substituted, namely,-

"1. Salary and wage earners -
Such persons whose monthly salaries or wages,-  
(a) do not exceed rupees 5,000 NIL
(b) exceed rupees 5,000 but do not exceed rupees 10,000 175 per month
(c) exceeds rupees 10,000 2,500 per annum, to be paid in the following manner:-
  (a) rupees two hundred per month except for the month of February ;
  (b) rupees three hundred for the month of February".

No comments:

Related Posts Plugin for WordPress, Blogger...

whos.amung.us

  © Blogger template The Business Templates by Ourblogtemplates.com 2008

Back to TOP