Chennai Profession Tax Revision – April 2018

Chennai Profession Tax Revision – April 2018

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The Higher Chennai Company, by means of a council decision dated 11-Might-2018, has made modifications to Career Tax. The revised tax slabs for salaried staff in Chennai are as follows.

Wage for the half yr in Rs Career Tax for the half yr in Rs
Lower than or equal to 21,000 Nil
21,001 – 30,000 135
30,001 – 45,000 315
45,001 – 60,000 690
60,001 – 75,000 1025
75,001 and above 1250

As chances are you'll observe, the half-yearly Career Tax for the very best wage slab (Rs 75,001 and above) is now Rs 1,250, the utmost permissible levy underneath Article 276(2) of the Structure of India.

The brand new Career Tax charges are efficient from the primary half (Apr to Sep) of the monetary yr 2018-19.

You possibly can obtain the announcement here.

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