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15Aug 2024
UNDERSTANDING PROFESSIONAL TAX IN INDIA
Relevance: GS – 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Why in the news? Professional tax is a state-specific tax, capped at ₹2,500 per year. Levied differently across states—some impose it monthly, while others do not levy it at all. Applies to individuals earning income through …
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