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Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
The implementation of improved limits in tax slabs is said to provide significant relief to taxpayers under the new regime. For instance, an individual with an annual income of ₹9 lakh will only be required to pay ₹45,000, which amounts to a mere 5% of their income. This represents a 25% reduction from the current tax liability of ₹60,000.
The tax slabs for the new tax regime were revised. Income up to ₹12 lakh will be exempted from taxation. Owing to a revised standard deduction of ₹75,000, income up to ₹12,75,000 will be exempted from income tax. [12] This was the fourth revision of minimum taxable income under the premiership of Narendra Modi.
The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment of the Constitution of India by the Indian government. The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a ...
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
2024 2 years, 104 days Bharatiya Janata Party: 40 Devendra Fadnavis (MLA for Nagpur South West Constituency No. 52- Nagpur District) (Legislative Assembly) (Chief_Minister) In Charge: 05 December 2024 21 December 2024 16 days Bharatiya Janata Party: Fadnavis III: Devendra Fadnavis: 41 Chandrashekhar Bawankule (MLA for Kamthi Constituency No. 58-
Pages in category "Maharashtra MLAs 2019–2024" The following 200 pages are in this category, out of approximately 224 total. This list may not reflect recent changes .
The Maharashtra government has implemented a new four-member ward system for most municipal corporations in the state, with the exception of the Brihanmumbai Municipal Corporation (BMC).