RATE OF TAX ON THE ASSAM PROFESSIONS, TRADES,CALLINGS AND EMPLOYMENT TAXATION ACT, 1947

SL NO

CLASS OF PERSONS

RATE OF TAX

1

Salary and wage earners such persons whose monthly salaries or wages are

 

 

(i) Less than Rs.3500/-

Nil

 

(ii) Rs.3500/- or more but less than Rs.5000/-

Rs.30/- per mensum

 

(iii)Rs.5000/- or more but less than Rs.7000/-

Rs.75/- per mensum

 

(iv) Rs.7000/- or more , but less than Rs.9000/-

Rs.110/- per mensum

 

(v) Above Rs.9000/-

Rs.208/- per mensum

2

(a) Legal practitioner including Solicitor and Notaries Public;

 

 

(b) Medical practitioner including medical consultant and dentists;

 

 

(c) Technical and professional consultants including Architects, Engineers, Chartered Accounts, Actuaries, Management consultants and Tax consultants;

 

 

(d) Chief Agents, Principal Agents, Special agents and Surveyors or loss Assessors registerd or licensed under Insurance act, 1938( 4 of 1938);

 

 

(e) Any other person who is engaged in any profession, trade, calling or employment but not mentioned in any other entry of the Schedule;

 

 

Where the annual gross Income in the profession of any of the persons mentioned above is

 

 

(i) Less than Rs.40,000?-

Nil

 

(ii) Rs.40,000/- or more but less than Rs.60,000/-

Rs.480/- per annum

 

(iii) Rs.60,000/- or more, but less than Rs.1,00,000/-

Rs.1000/- per annum

 

(iv) More than Rs.1,00,000/-

Rs.2500/- per annum

 

Provided that any person, who is the recipient of any cultural, literary or sports pension, shall not be required to pay any tax under this Act even if such person is engaged in any other profession, trade, callings or employment:

 

 

Provided further that the societies providing education to the physically and mentally challenged persons shall not be required to pay any tax under this Act.

 

3

(a) Members of Associations recognised under the Forward Contracts (Regulations) Act, 1956 (42 of 1956)

Rs.2500/ per annum

 

(b) (i) Members of Stock Exchange recognised under the Securities Contracts (Regulations) Act,1956 (42 of 1956)

Rs.2500/ per annum

 

(ii) Remisiers recognised by a stock exchange

Rs.1800/ per annum

4

Estate agents or brokers or building contractors

Rs.2500/ per annum

5

Directors(other than those nominated by Government) or Companies Registered under the Companies Act,1956 ( 1 of 1956)

Rs. 2500/- per annum

6

Dealers including owners of any mills/industry within the meaning of of a sales tax law in Assam such dealers whose annual gross turnover of all sales is

 

 

Upto 31-03-2008

(i) Less than Rs.1,00,000/-

Nil

 

(ii) Rs.1,00,000/- or more but less than Rs.3,00,000/-

Rs.1000/- per annum

 

(iii) Above Rs.3,00,000/-

Rs.2500/ per annum

 

From 1-04-2008

(i)            Upto Rs.4,00,000/-

(ii)           More than Rs.4,00,000/- and upto Rs.7,00,000/-

(iii)          More than Rs.7,00,000/- upto Rs.10,00,000/-

(iv)          More than Rs.10,00,000/-

 

Nil

Rs.1,000/- per annum

Rs.1,500/- per annum

Rs.2,500/- per annum

7

Occupiers of factories as defined in the Factories Act, 1948( 63 of 1948) who are not dealers covered by entry 6: such occupiers of factories-

 

 

(a) Where not more than five workers are working

Rs.350/- per annum

 

(b) Where the number of workers is five or more but less than fifteen

Rs.2000/ per annum

 

(c) Where the number of workers is more than fifteen

Rs.2500/ per annum

8

Employers of shops and establishments within the meaning of the Assam Shops and Establishment Act,1971 who are not dealers, covered by entry 6: such employer's of establishment-

 

 

(a) Where there are no employess

Nil

 

(b) Where not more than five people are employed

Rs.300/-

 

(c ) Where more than five, but not more than ten peoples are employed

Rs.1500/- per annum

 

(d) Where more than ten peoples are employed

Rs.2500/- per annum

9

Owners of lessees of Petrol/Diesel filling stations and service stations

Rs.2500/- per annum

10

(a) Licensed foreign liquor vendors and employers of residential hotels


Rs.2500/- per annum

 

(b) Proprietors of cinema houses and theatres

Rs.2500/- per annum

11

Holders of permits for transport vehicles, granted under the Motor Vehicles Act,1988 (59 of 1988), which are used or adopted to be used for hire or reward:

 

 

(a) in respect of each taxi owner and four wheelers small-goods vehicles
( for carrying either goods or passenger)

Rs.500/- per annum

 

(b) in respect of each truck or bus

Provided that the total amount payable by the same holder shall not exceed Rs.2500/-

Rs.2500/- per annum

12

Licensed money lenders under the Assam Money Lenders Act,1934

Rs.2500/-

13

Individuals or Institutions conducting Chit Funds

Rs.2500/-

14

Banking Companies as defined in the Banking Regulation Act,1949(10 of 1949)

 

 

(i) Scheduled Banks

Rs.2500/- per annum

 

(ii) Other Banks

Rs.2500/- per annum

15

Companies registered under the Companies Act, 1956 (1 of 1956) and engaged in any profession, trade or calling

Rs.2500/-

16

Firms registered under the Indian Partnership Act, 1932 (9 of 1932) and engaged in any profession, trade or calling

Rs.2500/-

17

Owners of nursing homes, X-Ray Clinics, Pathological testing laboratories and Hospitals

Rs.2500/-

18

Dry Cleaners, Interior decorators and owner of beauty parlours

Rs.2500/-

19

Film distributors and Travel agents

Rs.2000/-

20

(A) Self employed person in the motion picture industry

 

 

(i) Directors, Actors and Actress( excluding junior artists) Play back singers, Cameraman, Recordist, Editors and still Photographers.

Rs.2000/-

 

(ii) Junior Artist, Production managers, Assistant directors, Assistant cameraman,Assistant recordist, Assistant editors, Musicians and Dancers

Rs.700/-

 

(B) Self employed person in the mobile theatre group

Nil