The Greater Chennai Corporation, by way of a council resolution dated 11-May-2018, has made changes to Profession Tax. The revised tax slabs for salaried employees in Chennai are as follows.
Salary for the half year in Rs
Profession Tax for the half year in Rs.Less than or equal to 21,000 Nil
21,001 – 30,000 135
30,001 – 45,000 315
45,001 – 60,000 690
60,001 – 75,000 1025
75,001 and above 1250
As you may observe, the half-yearly Profession Tax for the highest salary slab (Rs 75,001 and above) is now Rs 1,250, the maximum permissible levy under Article 276(2) of the Constitution of India.
The new Profession Tax rates are effective from the first half (Apr to Sep) of the financial year 2018-19.