Professional Tax ( PT) Registrations

Professional tax (PT) is a tax levied by the Karnataka state government on individuals earning income from professions, trades, or callings. Here's a breakdown of key points to know about professional tax in Karnataka:

Salaried and Self-Employed: Both salaried individuals and those working in professions like doctors, lawyers, chartered accountants, etc., are liable to pay professional tax if they meet the income threshold.
Income Threshold: There's an exemption for those earning a monthly gross salary below ₹15,000.
Employer vs. Individual Responsibility: For salaried individuals, employers typically deduct and deposit professional tax to the government. Self-employed individuals need to register and pay PT themselves.