https://www.taxtmi.com/acts?id=47563 The amendment raises the profession tax ceiling in article 276(2) to permit higher annual levies by States, addresses the regressive impact of the prior low cap on higher income payers, and omits the transitional proviso that preserved pre existing higher levies, thereby standardising the revised ceiling's application and augmenting State revenue capacity. en-us Thu, 16 Jan 2025 15:07:54 +0530 Wed, 12 Feb 2025 16:06:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47563 The amendment raises the profession tax ceiling in article 276(2) to permit higher annual levies by States, addresses the regressive impact of the prior low cap on higher income payers, and omits the transitional proviso that preserved pre existing higher levies, thereby standardising the revised ceiling's application and augmenting State revenue capacity. Act-Rules F. Acts / Amendment Acts Thu, 16 Jan 2025 15:07:54 +0530 https://www.taxtmi.com/acts?id=47563