The Karnataka Tax on Profession, Trades, Callings and Employments Act, 1976 has been amended. The amendment will come into force on the first day of April, 2025.
The key provision is:
The professional tax rate for salary or wage earners whose monthly salary or wage is Rs. 25,000 and above is increased from Rs. 2400 to Rs.2500 per annum.
The monthly tax rates are specified as follows:
(i) Rs. 200-00 per month (except for the month of February)
(ii) Rs. 300-00 for the month of February
For more details and clarification, please refer the attached notification.
Thank you for reading. We hope the information was helpful to you!
Team SGC Services
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Karnataka Professional Tax-April25.pdf
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