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Praveen Boda

Please note a change in Profession Tax Rates in Andhra Pradesh vide G.o.Ms.No. 82 dated 04-02-2013 wherein the First Schedule has been replaced with an amended one– copy of notification attached for reference.

The major changes vs a vis the old schedule are

· No Profession Tax on salaries less than 15,000/- (earlier applicable from Salary of Rs.5,000/- onwards). There are only two taxable slabs salaries between 15,001/- to 20,000/- PT Rs.150/- PM and salaries above Rs.20,000/- PT Rs.200/- PM.

· Companies not being registered under APVAT Act and having Turnover of less than Rs. 10.00 Lakhs do not attract any PT. (Earlier all Companies were taxed at Rs.2,500/-P.A.)

· Directors drawing remuneration from the Company(other than those nominated by the Government) are only liable to pay PT of Rs.2,500/- P.A. (earlier all directors (other than those nominated by the Government) were liable to pay PT of Rs. 2,500/- P.A.

· A new category of exempted persons – mostly labour oriented works is added at Sl.No.39

· A new Category of taxable persons – Persons, other than those mentioned in any of the preceding entries, who are engaged in any profession, trade or calling or employment with annual income of more than Rs 1,80,000/- but excluding those who are exempted under Section 31 of the Act and Entry No. 39 above, is added at Sl. No. 40 taxing them @ 2,500/- P.A.

Download Official Notification –  G.o.Ms.No. 82 dated 04-02-2013

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29 Comments

  1. Sunita Yadav says:

    Ivkka Herbal COMPANY UNITED STATE

    Ivkka Herbal Seed Company Serious Need Peoples that will handle this business as

    Purchasing Manager (Ivkka Herbal a Seed) raw herbal seed that is available in India

    recently.
    It is the major material that our company has been using for the production of

    medicine, such as weight loss, lowering cholesterol levels, And improving control

    of diabetes and vaccines since 2005.
    Our former purchasing manager use to come India to buy the (Ivkka Herbal Seed)) at

    the rate of $2,500 for one (packet 400grams)
    Our company always buys from him at $5,500 for one (packet 400grams) the Company

    doesn’t know the real price or have the contact Of the Local dealer in India. The

    former purchasing manager is now in USA running his own company and no longer works

    in our company,
    Our Company want to buy the seed this month about 325 Packet, the challenge is how

    to locate the local dealer in India,
    After my personal investigation, I was able to get the contact details of the local

    dealer in India.
    I have my personal interest too, what I want is if you assure me that you can buy

    the seed from local dealer in India
    And resell the seed to my company @ $5,500 Dollars per packet, then I will give you

    the contact of local dealer in India
    Where you will buy the seed at rate 2,500 Dollars per packet and resell to my

    company at $5,500 you will act as a local dealer
    to enables my company purchase the seed direct from you at $5,500.My Interest is

    after selling the seed to my company, you will
    Give me 50% commission from the profit you made. If you accept my offer, I will

    provide you the local dealer contact details,
    Where you will buy
    The seed at $2,500 per packet in India, it’s buying and selling, if you are

    interested Contact Sunita Yadav email :sy9043554@gmail.com, Company Phone number

    whatsapp +15872062415 for more details.

  2. chiranjeevulu says:

    Sir
    Professional tax calculate (temporary employee) basic pay or Gross salary?
    Ex: One outsourcing employee get minimum remuneration Rs. 15000/- pm and PF & ES I total got about 16,500/- ..
    May be deduct the P.T from his/him remuneration?
    kindly reply

  3. Sudhakar Gangaputra says:

    I had started a milk Business in April,2015 and got TIN no., my yearly turnover crosses 1 Crore, how much PT should I pay and whats the process.

  4. pankaj says:

    I am central govt employee with basic 9300 and grade pay 4200. Is it necessary for me to pay professional tax as my employer is not deducting any money from my salary?

  5. MALLESH J says:

    These rate are effected from which month sir?
    And what is the last date for the payment of PT of workers every month and also inform the last date to pay 2500.00 PT for directors or proprietors in year.

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