Amendments in Professions,
Trades, Callings and Employments Act, 1975 introduced on or after April 1,
2023:-
In pursuance of clause
(3) of article 348 of the Constitution of India, the following translation in
English of the Maharashtra State Tax on Professions, Trades, Callings and
Employments (Amendment) Bill, 2023 (L. A. Bill No. XIII of 2023), introduced in
the Maharashtra Legislative Assembly on the 20th March 2023, is hereby
published under the authority of the Governor. AS PER L. A. BILL No. XIII OF
2023 OF MAHARASHTRA GOVT DATED 20th MARCH 2023 MADE FOLLOWING AMENDEMENTS. (1)
This Act may be called the Maharashtra State Tax on Professions, Trades,
Callings and Employments (Amendment) Act, 2023.
(2) It shall come into force on the 1st April 2023
(i) in case of men, whose
monthly salaries or wages,–
a)
Upto 7500 – NO Profession Tax
b)
>7500 but less than 10,000 – 175/- Per Month
c)
>10,000 – 200/- Per Month (In Feb Month-300)
(ii) in case of women,
whose monthly salaries or wages,–
a)
Salary < 25,000 : No Profession Tax
b)
Salary > 25,000 : 200/- Per Month (In Feb Month-300)
However, it is important
to note that the state government may introduce amendments or changes to the
Profession Tax from time to time, based on various factors such as economic
conditions, revenue requirements, etc. As such, it is advisable to check the
official website of the Maharashtra State Tax Department or consult a tax
professional for the latest updates on any changes to the Profession Tax in
Maharashtra.
Sources : Taxguru.in dt 01-04-2023