Introduction
State governments in India levy professional taxes on salaried individuals working in various professions, such as doctors, lawyers, chartered accountants, etc., working in non-government or government establishments. Clause (2) of Article 276 of the Indian Constitution forms the basis on which the government enacts rules related to this tax. In this article we will tell you in detail about professional tax registration in Assam.
Professional Tax in Assam
According to the Assam State Government, every person who is earning income through self-employment or through a job is basically liable to pay professional tax. The amount payable is decided by the government itself, it completely depends on one's income slab.
Use our free Professional Tax Calculator - https://thegstco.com/pages/professional-tax-calculator
Professional Tax Slab Rate in Assam
The professional tax slab rate in Assam is basically classified according to the class of employment of the individuals. Based on this, people have been classified into 9 different classes. The professional tax slab rates of some individual categories are given below like:
| Monthly Salary or Wage | Tax Slab Rate |
|---|---|
| Up to Rs 10,000 | Not Applicable |
| Rs 10,001 to Rs 15,000 | Rs 150 per month |
| Rs 15,001 to Rs 25,000 | Rs 180 per month |
| Above Rs 25,001 | Rs 208 per month |
Medical and legal professionals, experts in various technical fields, consultants, individuals involved in specific vocations or trades, and so on.
| Annual Gross Income | Tax Slab Rate |
|---|---|
| Up to Rs 1,20,000 | Not Applicable |
| Rs 1,20,001 to Rs 1,80,000 | Rs 1800 p.a. |
| Rs 1,80,001 to Rs 3,00,000 | Rs 2160 p.a. |
| Rs 3,00,001 and above | Rs 2500 p.a. |
Due date of Professional Tax in Assam
The due date for professional tax filing in Assam basically depends on the enrollment date. If you have enrolled on or before 31st May before the year starts, your due date will be 30th June of that year. However, if you enroll after May 31, then in such a situation you will have to compulsorily pay professional tax within a month.
Assam Professional Tax Late Payment Penalty
If you live in Assam state and pay professional tax late then the Assam government imposes a 2% monthly penalty on you. However, if you do not make any payment, then in such a situation you may have to pay a heavy penalty of twice the total professional tax payable in Assam.
Persons who are Exempted from Paying Professional Tax in Assam
According to the Assam Profession, Trade, Business and Employment Taxation Act 1947, certain individual classes are exempted from paying professional tax. Section 3 clearly states that the following persons are exempted from paying professional tax:
- If you are a member of the Indian Armed Forces, you are exempted from paying professional tax in Assam.
- If you are among the persons notified by the Government of Assam in public interest, you will not have to pay Peshawar Tax.
Conclusion
Every person having minimum income of Rs 10001 in Assam has to compulsorily pay professional tax. However the minimum amount of tax payable basically depends on the income slab. You will have to study the tax rates according to your employment and after having complete information about it, you will have to pay tax accordingly.
Also Read:
- Understanding Professional Tax in Bihar: Tax Slab, Due Date, Penalty, Exemption
- Understanding Professional Tax in Gujarat: Tax Slab, Due Date, Penalty, Exemption
- Professional Tax in Tamil Nadu: Tax Slab, Due Date, Penalty, Exemption
- Understanding Professional Tax in Andhra Pradesh: Tax Slab, Due Date, Exemption, Penalty
- Understanding Professional Tax in Telangana: Tax Slab, Due Date, Penalty, Exemption
- Understanding Professional Tax in Odisha: Tax Slab, Due Date, Penalty, Exemption
