MAHARASHTRA PROFESSIONAL TAX RATE SCHEDULE


Maharashtra State Tax on Professions, Trades, Callings and 

                            Employments Act,  1975
                        Schedule of rates of tax w.e.f. 1.04.2006

�SCHEDULE I

(See section 3)
Schedule of rates of tax on professions, trades, callings and employments
Sr. No.
Class of Persons
Rate of Tax
1.
2.
3.

PART I
Rs.
1.
Salary and wage earners.  Such persons whose monthly salaries or wages,


(a)  do not exceed rupees 2,500
    Nil

(b) exceed rupees 2,500 but do not 
      exceed rupees 3,500
 60 per month

(c) exceed rupees 3,500 but do not 
      exceed rupees 5,000
120 per month

(d) exceed rupees 5,000 but do not
      exceed rupees 10,000
175 per month

(e)  exceed rupees 10,000
2500 per annum, to be paid in the following manner: -
a) rupees two hundred per month except for the month of February;
b) rupees three hundred  for the month of February 
2.
(a) Legal Practitioners including
      Solicitor and Notaries;


(b) Medical Practitioners, including
      Medical Consultants and Dentists;


(c) Technical and Professional   
     Consultants, including Architects, 
     Engineers, R.C.C. Consultants, Tax
     Consultants, Chartered    Accountants,
     Actuaries and    Management
     Consultants;


(d)Chief Agents, Principal Agents,  
     Insurance Agents and Surveyors and 
     Loss Assessors registered or licensed
     under the Insurance Act, 1938, U.T.I.
    Agents under U.T.I.  Scheme, N.S.S.
    agents under postal  Scheme;


(e)Commission Agents, Dalals and  
     Brokers (other than estate brokers 
     covered by any other entry elsewhere in
     this Schedule);


(f)All types of Contractors (other than
    building contractors covered by any
    other entry elsewhere in this Schedule);
    and


(g)Diamond dressers and diamond   
    polishers;


having not less than one year�s standing in the profession.
2500 per annum



3.
(a) Members of Association recognised 
     under the Forward Contracts 
    (Regulations) Act, 1952
2,500 per annum


(b) (i) Member of Stock Exchanges
           recognised under the Security 
          Contracts (Regulation) Act,  1956;
2500 per annum

     (ii) Remisiers recognised by the Stock
           Exchange;
2500 per annum
4.
(a) Building Contractors;
(b) Estate Agents, Brokers or  Plumbers,
2500 per annum

     having not less than one years standing
     in the profession.
2500 per annum
5.
Directors (other than those nominated by Government) of Companies registered under the Companies Act, 1956, and Banking Companies as defined in the Banking Regulation Act, 1949,
2500 per annum

Explanation : The term 'Directors' for the purpose of this entry will not include the persons who are Directors of the companies whose registered offices are situated outside the State of Maharashtra and who are not residing in the State of Maharashtra. 

6.
(a) Bookmakers and Trainers licensed by
      the Royal Western India Turf Club
      Limited;
2500 per annum

(b) Jockeys licensed by the said Club
2500 per annum
7.
Self-employed persons in the Motion Picture Industry, Theatre, Orchestra, Television, Modelling or Advertising Industries, as follows:


(a) Writers, Lyricists, Directors, Actors
      and Actresses (excluding Junior
     Artists), Musicians, Play-back Singers,
     Cameramen, Recordist, Editors and
     Still-Photographers,
2500 per annum

(b) Junior Artists, Production Managers,
     Assistant Directors, Assistant
     Recordists, Assistant Editors and
     Dancers. 
1000 per annum
8.
Dealers registered under the Maharashtra Value Added Tax Act, 2002, or Dealers registered only under the Central Sales Tax Act, 1956, whose annual turnover of sales or purchases,-


   (i) is rupees 25 lakh or less
   (ii) exceeds rupees 25 lakh
2000 per annum
2500 per annum 
9.
Occupiers of Factories as defined in the Factories Act, 1948, who are not covered by entry 8 above
2500 per annum
10.
(1) (1)(A) Employers of establishments as
              defined in the Bombay Shops and
              Establishment Act, 1948, where their
              establishments are situated within an
              area to which the aforesaid Act
              applies, and who are not covered by
              entry 8 - Such employers of
              establishments,-


(a)  where no employee is employed
1000 per annum

(b) where not exceeding two   
      employees are employed
2000 per annum

(b)   where more than two employees
      are employed
2500 per annum

(B) Employers of establishments as
      defined in the Bombay Shops and
      Establishments Act, 1948, where their
      establishments are not situated within
      an area to which the aforesaid Act
      applies, and who are not covered by
      entry 8 �
Such employers of establishment,-


(a) where no employee is employed 
  500 per annum

(a)   where not exceeding two
      employees are employed,
1000 per annum

(b) where more than two employees
     are employed
2500 per annum

(2) Persons owning / running STD / ISD
     booths or Cyber Cafes, other than those
     owned or run by Government or by
     physically handicapped persons;
1000 per annum

(3) Conductors of Video or Audio
      Parlours, Video or Audio Cassette   
      Libraries, Video Game Parlours;
2500 per annum

(4) Cable Operators, Film Distributors;
2500 per annum

(5) Persons owning / running marriage
      halls, conference halls, beauty
     parlours, health centres, pool  parlours;
2500 per annum

(6) Persons running / conducting
     coaching classes of all types
2500 per annum
11.
Owners or Lessees of Petrol / Diesel / Oil Pumps and Service Stations / Garages and Workshops of Automobiles
2500 per annum
12.
Licensed Foreign Liquor Vendors and employers of Residential Hotels and Theatres as defined in the Bombay Shops and Establishments Act, 1948.
2500 per annum
13.
Holders of permits for Transport Vehicles granted under the Motor Vehicles Act, 1988, which are used or adopted to be used for hire or reward, where any such person holds permit or permits for,-


(a) three wheeler goods vehicles, for
     each such vehicle
(b) any taxi, passenger car, for each
     such vehicle
750 per annum

1000 per annum

(c) (i) goods vehicles other than those
           covered by (a)
     (ii) trucks or buses
for each such vehicle :
Provided that the total tax payable by a holder under this entry shall not exceed rupees 2,500 per annum.
1500 per annum

1500 per annum
14.
Money lenders licensed under the Bombay Money-lender Act, 1946
2500 per annum
15.
Individuals or Institutions conducting Chit-Funds
2500 per annum
16.
Co-operative Societies registered or deemed to be registered under the Maharashtra Co-operative Societies Act, 1960 and engaged in any profession, trade or calling --


(i)  State level Societies
2,500 per annum

(ii) Co-operative sugar factories
      and spinning Mills
2,500 per annum

(iii) District level Societies
(iv) Handloom weavers co-
      operative societies
750 per annum

500 per annum

(v) All other co-operative societies not
      covered by clauses (i), (ii),(iii) and (iv)
      above.
750 per annum
17.
Banking Companies, as defined in the Banking Regulation Act, 1949.
2500 per annum
18.
Companies registered under the Companies Act, 1956 and engaged in any profession, trade or calling.
2500 per annum
19.
Each Partner of a firm (whether registered or not under the Indian Partnership Act, 1932) engaged in any profession, trade, or calling.
2500 per annum
20.
Each Co-parcener (not being a minor) of a Hindu Undivided Family, which is engaged in any profession, trade or calling.
2500 per annum
21.
Persons other than those mentioned in any of the preceding entries who are engaged in any profession, trade, calling or employment and in respect of whom a notification is issued under the second proviso to sub-section (2) of section 3
2500 per annum
Note: 1.      Notwithstanding anything contained in this Schedule, where a person is covered by more than one entry of this Schedule, the highest rate of tax specified under any of those entries shall be applicable in his case.  This provision shall not be applicable to entry 16(iv) of the schedule.
Note: 2.      For the purposes of Entry 8 of the Schedule, the Profession Tax shall be calculated on the basis of the "turnover of sales or purchases" of the previous year.  If there is no previous year for such dealer, the rate of Profession Tax shall be Rs. 2000.  The expressions "turnover of sales" or "turnover of purchases" shall have the same meaning as assigned to them, respectively, under the Maharashtra Value Added Tax Act, 2002. �

Friday, February 19, 2010

7 comments:

  1. how can i find my profeesional tax number on the Web??

    ReplyDelete
  2. how can i find my professional tax number on the Web??

    ReplyDelete
  3. I am a Labour.Whether P.T has to deduct from my wages

    ReplyDelete
  4. where i should apply to pay professional tax?

    ReplyDelete
    Replies
    1. You should apply Professional tax office at CBD Belapur (Administrative Building)

      Delete
  5. adna2011@rediffmail.com
    for any querries

    ReplyDelete
  6. HOW TO SEARCH MY PROFESSIONAL TAX NO

    ReplyDelete

 
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