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Professional tax is the tax levied by the state governments on the income earned by way of trade, profession, calling or employment.
In Maharashtra, different slabs are mentioned for different class of individuals. Professional tax is required to be paid at fixed rate irrespective of the turnover or the income of individual. For majority of classes the rate of Professional tax is now Rs. 2,500 every year.
In case of salary and wage earners, such Professional tax is paid by the employer after obtaining PTRC registration. Slab of Professional tax on salary and wages: