Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Labour Laws Karnataka Ministry of Labour and Employment Karnataka Tax on Profession, Trades, Callings and Employments Act, 1976

Issuance of Karnataka Tax on Profession, Trades, Callings and Employments (Amendment) Act, 2023

13-Mar-2023 | Part-IVA, No. 113

The Karnataka Government has issued Karnataka Tax on Profession, Trades, Callings and Employments (Amendment) Act, 2023, effective from 01st April, 2023.
By virtue of the amendment, the following are the key highlights of the amendment: -
1. The following words has been defined: -
i. Agent mean any person who acts on behalf of another person in course of business.
ii. Assessment mean determination of tax liability and includes self assessment, reassessment and best judgement assessment.
2. In case where assesses is found to escape tax liability, he shall be liable to pay in addition to the tax assessed for the year, penalty amounting to 100 percent of the tax so assessed.
3. If default is committed in the payment of tax deducted beyond ten days after the period, the person shall be liable to pay one and a half percent of the amount of tax due for each month or part thereof for a period for which the tax remains unpaid.
3. The penalty for non payment of tax has been made strict and authority can impose penalty of ten percent of the tax assessed for that year.
4. The schedule which specifies rates of tax on professions, trades, callings and employments has been substituted.
For further details refer the attachment.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

NPCI issues System changes in NRCS to mandate submission of supporting evidence for Dispute Resolution

06-Apr-2026 | NPCI/2026-27/NETC/001

NPCI has issued the System changes in NRCS to mandate the submission of supporting evidence for Dispute Resolution, effective from 15th May

Read More
Corporate Laws

NSDL- Updates for Implementation of Section 51A of UAPA, 1967: Updates to UNSC?s 1267/ 1999 ISIL (Da'esh) & Al-Qaida Sanctions List

07-Apr-2026 | NSDL/POLICY/2026/0050

NSDL has issued a circular on the Updates for Implementation of Section 51A of UAPA, 1967: Updates to UNSC?s 1267/ 1999 ISIL (Da'esh) & Al-Q

Read More
Corporate Laws

NSDL- Enhancement in DPM-SHR System for providing Form 121

09-Apr-2026 | NSDL/CIR/II/21/2026

NSDL has issued a circular on the Enhancement in DPM-SHR System for providing Form 121 (Exemption from Tax Deduction) for income streams, vi

Read More
Corporate Laws

NSDL has reiterated the SEBI circular on Relaxation from SEBI Regulations on non-compliance with the MPS requirements

09-Apr-2026 | Circular No.: NSDL/CIR/II/20/2026

NSDL has reiterated the SEBI circular on the Reiteration of SEBI circular on Relaxation from SEBI Regulations on non-compliance with the MP

Read More

Recent Posts

Corporate Laws

NPCI issues System changes in NRCS to mandate submission of supporting evidence for Dispute Resolution

06-Apr-2026 | NPCI/2026-27/NETC/001

NPCI has issued the System changes in NRCS to mandate the submission of supporting evidence for Dispute Resolution, effective from 15th May

Read More
Corporate Laws

NSDL- Updates for Implementation of Section 51A of UAPA, 1967: Updates to UNSC?s 1267/ 1999 ISIL (Da'esh) & Al-Qaida Sanctions List

07-Apr-2026 | NSDL/POLICY/2026/0050

NSDL has issued a circular on the Updates for Implementation of Section 51A of UAPA, 1967: Updates to UNSC?s 1267/ 1999 ISIL (Da'esh) & Al-Q

Read More
Corporate Laws

NSDL- Enhancement in DPM-SHR System for providing Form 121

09-Apr-2026 | NSDL/CIR/II/21/2026

NSDL has issued a circular on the Enhancement in DPM-SHR System for providing Form 121 (Exemption from Tax Deduction) for income streams, vi

Read More
Taxation

CBIC issues an amendment to the tariff value of the goods and precious metals

15-Apr-2026 | No. 37/2026-CUSTOMS (N.T.)

CBIC has issued an amendment to the tariff value of the goods and precious metals under Custom Act 1962 effective from 16th April 2026. T

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.