Overview
Professional tax is a direct tax levied by the Telangana Government on individuals who earn an income from their profession. It is a state-specific tax, and the rates and rules vary from state to state. In Telangana, professional tax is levied on all individuals who are employed in a profession, trade, or calling, irrespective of whether they are salaried or self-employed.
Professional Tax Slabs in Telangana
The professional tax slabs in Telangana for the financial year 2024-25 are as follows:
Monthly Income | Tax Rate |
---|---|
Up to ₹15,000 | ₹150 |
₹15,001 to ₹20,000 | ₹200 |
₹20,001 to ₹25,000 | ₹250 |
₹25,001 to ₹30,000 | ₹300 |
₹30,001 and above | ₹350 |
₹35,001 to ₹40,000 | ₹400 |
₹40,001 and above | ₹500 |
Professional Tax Applicability In Telangana
Professional tax is applicable to all individuals who earn an income from their profession, trade, or calling in Telangana. This includes:
- Salaried employees
- Self-employed professionals, such as doctors, lawyers, engineers, accountants, etc.
- Business owners
- Partners in a partnership firm
- Directors of a company
Telangana Professional Tax Online Payment
Telangana professional tax can be paid online through the Telangana Government's Commercial Taxes Department (CTD) portal. To pay your professional tax online, you will need to create an account on the portal and register for professional tax. Once you have registered, you can log in to your account and pay your professional tax using a debit card, credit card, or net banking.
Who Gets Exemption from Professional Tax in Telangana
The following individuals are exempt from paying professional tax in Telangana:
- Individuals who are unemployed
- Individuals who are below the age of 18 years
- Individuals who are above the age of 65 years
- Individuals who are disabled
- Individuals who are serving in the Indian Army, Navy, or Air Force
- Individuals who are engaged in agriculture or horticulture
- Individuals who are engaged in religious or charitable work
The Due Date for Filing Professional Tax in Telangana
The due date for filing professional tax returns in Telangana is the 31st of March of every year. However, if your professional tax liability is less than ₹50,000 in a financial year, you can file your return annually on or before the 31st of July.
Why Vakilsearch?
Vakilsearch is a leading provider of professional tax services in Telangana. Our team of experts is 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 the best possible service and helping you meet your tax obligations seamlessly.
FAQs on Professional Tax in Telangana
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