Your Monthly PTAX
Enter your salary and click calculate
| Monthly Gross Salary (₹) | Tax Payable (₹) |
|---|---|
| Up to ₹10,000 | Nil (Exempt) |
| ₹10,001 – ₹15,000 | 110 |
| ₹15,001 – ₹25,000 | 130 |
| ₹25,001 – ₹40,000 | 150 |
| Above ₹40,000 | 200 |
Key Deadlines
Employers must deposit PTAX by the **21st** of the following month. Annual enrollment (PTEC) is due by **July 31st**.
Exemptions
Active military personnel, persons with permanent disabilities, and individuals over 65 (not in service) may be exempt.
Frequently Asked Questions
Who is responsible for paying PTAX?
For salaried employees, the **employer** is responsible for deducting and remitting the tax. Self-employed individuals must register and pay it themselves via PTEC.
What is the penalty for late payment?
A simple interest of **1% per month** is charged for late payments. Delay in registration can attract a penalty of ₹500 per month of delay.
Is Professional Tax tax-deductible?
Yes, Professional Tax paid is deductible from your gross salary under **Section 16(iii)** of the Income Tax Act, 1961.
Can freelancers use this calculator?
Yes! Simply enter your average monthly income to find your bracket, though freelancers usually pay the ₹2,500 annual cap.