Professional Tax Maharashtra 2023-24
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Professional Tax Maharashtra 2023-24

In this post, we will see the latest update of Professional tax Maharashtra 2023-24

The state of Maharashtra government notified the bill of Maharashtra tax on Professional, Trade, Calling and Employment (Amendment), 2023 on 20th March 2023 to Maharashtra Tax on Profession, Trade, Callings and Employments Act, 1975 (XVI of 1975). Which comes into effect from the date of 1st April 2023.

As per the notified amendment of schedule I of Maharashtra Professional Tax rate has been substituted and the limit to deduction increased, namely –

For Men and Women whose monthly salary or wages are as follow –

Male Monthly SalaryAmount payable in Maharashtra MonthlyRemarks
Less than Rs.7500NilNil
Rs.7501 to Rs.10000Rs.175 per monthNil
Rs.10,001 and aboveRs.200 per monthIn February deduct Rs.300/-
Female Monthly SalaryAmount payable in Maharashtra MonthlyRemarks
Up to 25,000NILNil
25,001 & Above200In February deduct Rs.300/-

Get to know more details about Professional Tax Maharashtra 2023-24, click here.

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