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Karnataka plans relief from annual professional tax return filing

Bengaluru Chief Minister Siddaramaiah announced a significant relief for professional tax payers. The state government will exempt individuals who have paid their full annual professional tax from filing returns. This move aims to simplify compliance for professionals and small businesses. The Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976 will be amended to implement this change.

6 Mar 2026 6:55 pm