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Exemption Notification - Karnataka Profession Tax - Exemption Notification - Karnataka Profession Tax Dated 13 July 2023 Dated 13 July 2023.

author logoEditorial Team
author logoUpdated :-   January 29, 2024
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In Karnataka, the Professional Tax (PT) is a tax levied on professions, trades, and employment. It is applicable to all salaried employees, professionals, and traders, and serves as a source of revenue for the state government. The “Exemption Notification – Karnataka Profession Tax” document lists specific categories that are exempt from this tax, indicating the government’s intention to provide financial relief to specific groups and encourage particular economic activities. These exemptions include individuals with disabilities, ex-servicemen, owners of a limited number of transport vehicles, and certain educational institutions. The notice issued by the Government of Karnataka, dated 13th July 2023, outlines the various categories of individuals and entities exempted from paying professional tax in Karnataka.

The exemptions include :

  • Owners of transport vehicles (excluding Autorickshaws), limited to two vehicles.
  • Permit holders of up to two taxis or three-wheeler goods/passenger vehicles.
  • Physically challenged individuals with a specified degree of disability.
  • Individuals with a single child who have undergone sterilisation.
  • Ex-servicemen, excluding certain categories.
  • Persons who are blind, deaf, and dumb.
  • Foreign technicians with specific government approval for a limited duration.
  • Charitable and philanthropic hospitals or nursing homes in specified areas.
  • Directors of companies and those nominated by state-owned or controlled financing agencies as directors.
  • Members of the Armed Forces, both combatant and non-combatant.
  • Educational institutes teaching Kannada or English shorthand or typewriting.
  • Entities running educational institutions, excluding professional and technical ones.
  • Central Para-Military Force personnel.
  • Educational institutions teaching up to twelfth standard or pre-university education.

These exemptions aim to provide financial relief to certain groups and support specific economic activities within the state. Notably, Notification Number 1, dated 13 July 2023, also rescinded 14 notifications that were issued earlier. The notification number 2 seems consolidated, combining all the earlier issued exemption notifications.

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