Maharashtra State Tax on  Professions, Trades, callings & Employments (Amendment) Bill 2023- Karma Global
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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  

Relevance of this news:  Karma Management Global Consulting Solutions Pvt Ltd is 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 role, to ease the hassles of Payroll Processing, Temp Staffing,  On-boarding, Employee Life Cycle, Statutory,  Regulatory, and Payroll compliances by providing customized solutions to all its elite clients.

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

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