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Revised Rates of Profession Tax in Karnataka

As per the Commercial Taxes Department update vide Sl No. 226,  the following changes are effective from 1 April 2015:

 

  1. Profession Tax exemption to senior citizens who have attained age of 6o years
  2. Profession Tax exemption to persons drawing salary/wages less than Rs.15,000 in a month

 

Source :  http://ctax.kar.nic.in/latestupdates/ctd0001.pdf

 

Based on this notification, we have amended the PT business rules in greytHR and the same will be effective in greytHR Payroll from  9 April 2015.

 

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