Andhra Pradesh has its own professional tax slab rate. The professional tax slab rate is revised every year. Given below is the professional tax slab rate of Andhra Pradesh for the financial year 2015-2016 depending on the salary.
Monthly Income | Professional Tax Levied |
For salary up to Rs.15,000 | Nil |
For salary between Rs.15,001 to Rs.20,000 | Rs.150 per month |
For salary of Rs.20,001 and above | Rs.200 per month |
Who has to Pay Professional Tax in India?
As stated in article 276 of the Indian constitution, any resident of India who is earning income from salary or is practising a profession such as doctor, chartered accountant, lawyer, etc should pay professional tax to the state government compulsorily. The professional tax is to be paid to the state government and the professional tax levied is different for each state. Given below is a list of states in India where professional tax is levied.
Professional Tax Slab Rate:
The professional tax to be paid to the state government depends on the professional tax slab rate in the particular state for that year. The professional tax slab rate varies from each state and is revised every year. The taxpayer has to pay the tax according to the tax slab rate and their income in accordance with the tax slab rate.
Who Deducts Professional Tax?
Professional tax is deducted by the owner of the business from the income of the employees. The tax is later collected and paid to the state government. The business owner should apply for registration of professional tax within 30 days of employing an individual.
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