Maharashtra State Tax on Professions, Trades, callings & Employments (Amendment) Bill 2023
Contents News/Article Date: 20th March 2023
Relating to which Act: Maharashtra State Tax on Professions, Trades, callings & Employments (Amendment) Bill 2023
Applicable to which State: All the establishments in the States with Profession Tax applicability and coverage
Type: Bill No. XIII of 2023 dated 16th March 2023 issued by Deputy Chief Minister of Maharashtra State.
Pertains to: All Establishments to whom the act is applicable in the State of Karnataka
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Now Karma Global is also fully into labour compliance for nearly 18 years and is helping both establishments and workers for the fulfillment of obligations as per the laws of the land. It has over 200 staff, both direct and indirect on its rolls and operates on Pan India basis. Recently, it has diversified into foreign shores as well, into countries like the US, UK, UAE, Canada, Philippines, and Asia for handling payroll, outsourcing, recruitment, and governance.
And in this instance: In SCHEDULE I appended to the principal Act, for entry 1, the following entry shall be substituted, namely:––
‘‘ 1. Salary and wage earners––
(i) in case of men, whose monthly salaries or wages,––
(a) do not exceed rupees seven thousand five hundred;…………………………………. NIL
(b) exceed rupees seven thousand five hundred but do not exceed rupees ten
thousand ; ………………………………………..175/- per month
(c) exceed rupees ten two thousand five hundred per annum thousand ; …………………………………………2500/- per annum;
(ii) in case of women, whose monthly salaries or wages,––
(a) do not exceed rupees twenty-five thousand ; …………………………………nil
(b) exceed rupees twenty-five thousand ; annum ……………………………………………….2500/- per annum
Subject: The Maharashtra State Tax on Professions, Trades, callings & Employments (Amendment) Bill 2023
Attached is the notification
Maharashtra State Tax on Professions, Trades, callings & Employments (Amendment) Bill 2023
