The Greater Chennai Corporation, by way of a council resolution (No. 574/2024, dated 30-Dec-2024), 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 | 180 |
30,001 – 45,000 | 430 |
45,001 – 60,000 | 930 |
60,001 – 75,000 | 1025 |
75,001 and above | 1250 |
The new Profession Tax rates are effective from the second half (Oct 2024 to Mar 2025) of the financial year 2024-25. Payroll managers need to ensure that the profession tax deduction for Chennai-based employees is carried out as per the above slabs for Oct 2024 to March 2025 half-year.
You can download the resolution (page 128) here.