Overview
The state government levied professional tax on individuals who earn a salary or income through a profession, trade, calling, or employment. It is governed by the respective state's Professional Tax Act or Rules.
The Madhya Pradesh Professional Tax Act 1955 governs the professional tax in Madhya Pradesh. The tax is levied on individuals employed in Madhya Pradesh, irrespective of where they reside.
Professional Tax Slabs in Madhya Pradesh
The following are the professional tax slabs in Madhya Pradesh for the financial year 2023-24:
| Monthly Salary | Professional Tax |
|---|---|
| Up to ₹2,25,000 | Nil |
| ₹2,25,001 to ₹3,00,000 | ₹1,500 |
| ₹3,00,001 to ₹4,00,000 | ₹2,000 |
| Above ₹4,00,000 | ₹2,500 |
How to Pay Professional Tax in Madhya Pradesh?
Professional tax in Madhya Pradesh can be paid online or offline.
To pay professional tax online:
1.Visit the Madhya Pradesh Professional Tax website.
2.Click on the 'Pay Professional Tax' button.
3.Enter your PAN number, date of birth, and other required details.
4.Select the tax slab and the month you want to pay the tax.
5.Make the payment using your preferred payment method.
To pay professional tax offline:
1.Visit the nearest professional tax office.
2.Obtain the professional tax return form.
3.Please complete the form and submit it to the tax office with the required payment.
Who Gets Exemption from Professional Tax in Madhya Pradesh?
The following individuals are exempt from paying professional tax in Madhya Pradesh:
- Individuals who are below the age of 18 years.
- Individuals who are above the age of 60 years.
- Individuals who are disabled.
- Unemployed individuals.
- Individuals who are employed by the government or a local body.
- Individuals who are employed in the armed forces.
The Due Date for Filing Professional Tax in Madhya Pradesh
The due date for filing professional tax in Madhya Pradesh is the 31st of January of the following financial year.
Why Vakilsearch?
Vakilsearch is a leading provider of professional tax services in Madhya Pradesh. We have a team of experts who are dedicated to helping you simplify the professional tax registration process and ensure compliance with all applicable laws.
We offer a wide range of services, including:
- Professional tax registration assistance
- Compliance support
- Tax planning advice
- Representation in case of disputes
We are committed to providing you with the best possible service and helping you meet your tax obligations seamlessly.
FAQs on Professional Tax in MP
Salaried individuals: The employer is responsible for collecting professional tax from the salary of the employee and depositing it with the government on behalf of the employee.
Self-employed individuals: Self-employed individuals are responsible for paying professional tax directly to the government.
The registration can be done online or offline. To register online, visit the Madhya Pradesh Professional Tax website and click on the 'New Registration' button. To register offline, visit the nearest professional tax office and obtain the registration form. Fill out the form and submit it to the tax office along with the required documents.
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