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Amendment in Karnataka Tax on Profession, Trades, Callings, and Employments Act, 1976 – GD SN Co.

The Government of Karnataka amended Karnataka Tax on Profession, Trades, Callings, and Employments through LA Bill No. 06 of 2023 on Feb 24, 2023. As per amendment if employee earning 24999 or below, not liable to pay professional Tax. Employee earning more than 24999 liable to pay 200 Professional Tax, earlier threshold limit was 15000/-. It will be effective from 1st April, 2023.

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