The Karnataka Tax On Profession, Trades, Callings and Employments (Amendments) Act 2023 - 14th March 2023
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The Karnataka Tax On Profession, Trades, Callings and Employments (Amendments) Act 2023


Contents News/Article Date: 14th March 2023

Relating to which Act: The Karnataka Tax on Profession, Trades, callings & Employments (Amendment) Bill 2023

Applicable to which State:  All the establishments in the States with Profession Tax applicability and coverage

Type: Parliamentary Affairs and Legislation Secretariat Notification No. DPAL 06 SHASANA 2023 issued by Secretary to Government, Department of Parliamentary Affairs & Legislation.    

Pertains to: All Establishments to whom the act is applicable in the State of Karnataka  

Relevance of this news: Karma Management Global Consulting Solutions Pvt Ltd has been in the business of HR Services,  Payroll, Outsourcing, and Regulatory Compliances right from its inception in 2004 since then,  has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing,  On-boarding, Employee Life Cycle, Statutory,  Regulatory, and Payrollv compliances by providing customized solutions to all its elite clients.

Now Karma Global is also fully in labour compliance for nearly 18 years and is helping both establishments and workers 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 US, UK, UAE, Canada, Philippines, and Asia for handling payroll, outsourcing, recruitment, and governance.

And in this instance: “SCHEDULE [See section 3(2)]

Rates of tax on professions, trades, callings, and employment

Sl. No. Class of Persons Rate of tax (1) (2) (3)

1 Salary or wage earners whose salary or wage or both, as the case may be, for a month is Rs. 25,000-00 and above – Rs. 200-00 per month

2 Persons registered or liable to be registered under the Karnataka Goods and Services Tax Act, 2017 Rs. 2,500-00 per annum

3 Self-employed persons engaged in Professions, Trades, Callings, and Employments, with standing in the profession for more than 2 years, Rs. 2,500-00 per annum

4 Others like Horse owners and trainers, Jockeys, Directors, Actors, and Actresses Rs. 2,500-00 per annum

5 Educational Institutions and Tutorial Colleges or Institutes other than those run by the Central Government, State Government and local bodies. Rs. 2,500-00 per annum

6 Employers of establishments defined under the  Karnataka Shops and Commercial Establishments Act, 1961, employing more than five employees. Rs. 2,500-00 per annum

7 Licensed dealers of liquors, Money lenders licensed under the Karnataka Money Lenders’ Act,

1961, Individuals or institutions conducting chit funds Rs. 2,500-00 per annum


Subject: The Karnataka Tax On Profession, Trades, Callings and Employments (Amendment) Act, 2023


Attached is the notification

profession tax karnataka-tax-on-profession-trades-callings-and-employments-amendment-act-2023

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