BUSINESS TAX
A type of tax that a local council is empowered to prescribe and levy. Business Tax is collected from businesses that provide services. This tax is not levied on any business required to obtain a license under any by-laws, and only the fee on a license issued is levied on a business required to obtain a license.
List of Business Taxes
List of Business Taxes
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| Amount of income from the business in the year preceding the year to which the tax applies | Tax payable |
|---|---|
| In Case not Exceeding Rs: 6000.00 | NO PAYMENT |
| Exceeding Rs: 6000.00 But not Exceeding Rs: 12000.00 | Rs.90.00 |
| Exceeding Rs: 12000.00 But not Exceeding Rs: 18750.00 | Rs.180.00 |
| Exceeding Rs: 18750.00 But not Exceeding Rs: 75000.00 | Rs.360.00 |
| Exceeding Rs: 75000.00 But not Exceeding Rs: 150000.00 | Rs.1200.00 |
| In case of exceeding Rs: 150000.00 | Rs.3000.00 |
