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No monthly threshold — flat annual
Current PT slabs in Punjab
Monthly income
Tax payable
All employees (above ₹2,40,000 annual)
₹200 per month (annual ₹2,400)
Registration form
Form-1 (Development Tax registration)
When to register
Mandatory within 30 days
Filing frequency
Monthly by 22nd of next month
Penalty
₹50/day fine + interest
Where to file / pay
pextax.com
Punjab specifics
Punjab calls it "Development Tax" not Professional Tax (different governing act)
Flat ₹200/month for all earning above ₹2.4L per year
Implemented from April 2018
FAQ
Is Punjab Development Tax same as PT?
Effectively yes — it serves the same purpose. The Punjab State Development Tax Act, 2018 replaced the older PT regime.
Annual cap?
₹2,400/year for all eligible payers.
PT in other states