PROFESSION TAX EXEMPTION LIMIT UP
The budget has brought significant relief for low wageearning people by increasing the profession tax exemption limit from Rs 5,000 to Rs 10,000 a month. This means all those who earn under Rs 10,000 a month need not pay this tax. Profession tax was also being imposed on individual schools.The government has now decided to exempt from profession tax all such school and college units up to class XII.
I will be updating full slab details soon.....
The budget has brought significant relief for low wageearning people by increasing the profession tax exemption limit from Rs 5,000 to Rs 10,000 a month. This means all those who earn under Rs 10,000 a month need not pay this tax. Profession tax was also being imposed on individual schools.The government has now decided to exempt from profession tax all such school and college units up to class XII.
I will be updating full slab details soon.....