Punjab Professional Tax: slab rates, due dates and rules
How Professional Tax works in Punjab: the slab rates, when the tax is due, the annual ceiling and the law behind it, taken from the official notifications and explained in plain English.
CycleMonthly
BasisSlab on annual income, by income-tax regime
DueBy the last day of the following month
Old tax regime
| Annual income | Tax |
|---|---|
| Up to Rs. 2,50,000 | Nil |
| Above Rs. 2,50,000 | Rs. 200 a month |
New tax regime
| Annual income | Tax |
|---|---|
| Up to Rs. 3,00,000 | Nil |
| Above Rs. 3,00,000 | Rs. 200 a month |
- Governing instrument
- Punjab State Development Tax Act, 2018
- Annual ceiling
- Rs. 2,400 a year (12 x Rs. 200)
What to watch
Applies to persons assessable under Income from Salaries/Wages per the Income-tax Act, 1961.
Summaries are for guidance only and are not a substitute for the official notification or professional advice.