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Profession Tax

Profession tax is imposed by state governments in India. It is tax levied and collected from persons in employment, profession or trade for the benefit of the respective state.

Various states in India levy Profession Tax but not all states. We shall help you understand the Maharashtra state laws pertaining to Profession Tax. Profession tax in Maharashtra is governed by the Maharashtra State on Professions, Trade, Callings and Employments Act, 1975

Applicability of Profession Tax

Every person who earns income from following is liable for Profession tax:

  • Salaried Persons - Employer deducts Profession Tax from salary of its employees and remits it to the respective State Government
  • Persons engaged in profession such as Lawyers, Doctors, Chartered Accountants, Architects, etc.
  • Persons carrying on business or trade
  • Every company & its directors

    But it specifically excludes

  • Firms
  • HUF
  • All members of Forces – Army, Navy and Air Force
  • Badli Workers in Textile Industry
  • Person suffering from permanent physical disability
  • Mentally retarded person certified by a psychiatrist
  • Women engaged as agents of Small Savings and types
  • Person over the age of 65 years
  • Parents or guardians of child suffering from physical disability

Slab rates for salaried persons in Maharashtra

tax slab for men tax slab for women

Slab rates for salaried persons in Maharashtra

Profession Tax Types
Profession Tax Types

Liability Amount of Profession Tax

The profession tax liability is based on the following

  • Salaried persons – Slab based amount are predetermined depending upon gross salary amount of the employees
  • Business, profession, trade - Amount fixed depending on turnover in the preceding year

In Maharashtra there is a ceiling limit on maximum Profession Tax payable during the year – Profession tax payable during the year cannot exceed INR 2,500/-

Documents required for Profession Tax Registration/Enrollment

  • PAN
  • Latest electricity bill as proof of place of business
  • Photograph

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