Professional tax
Professional tax is a state-level levy on salary or self-employment income. It is capped at ₹2,500/year (Constitution Art. 276(2)) and is not levied in every state.
Approximate monthly PT: ₹200
Annual PT (capped): ₹2,400
Exact slab varies by state notification; the ₹2,500/year constitutional cap always applies. Deductible under s.16(iii) — old regime only; not allowed under s.115BAC.
NOT financial advice - seek advice from a professional for your specific situation
Last reviewed: