Professional Tax

• January 07, 2024
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One of the words that may not fully express the true meaning of the nomenclature is "professional tax." Contrary to what the name implies, professionals are not the only ones subject to this tax. All professions, trades, and employment are subject to professional tax, which is assessed according to the income generated by each of these activities. It is imposed on workers, independent contractors, professionals, and anybody else operating a business, subject to any revenue exceeding the threshold. Article 246 of the Indian Constitution states that only Parliament has the authority to enact laws pertaining to the Union List, which includes income taxes. On the other hand, professional tax is a type of income tax imposed by the state government (albeit not all states in the nation have chosen to impose professional tax). Article 276 of the Indian Constitution, which addresses taxes on professions, trades, callings, and employment, gives the state governments the authority to enact legislation pertaining to professional taxation even though they are income taxes.

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