As per notification in the Punjab Government Gazette dated 19th April, the Government of Punjab has enacted the the Punjab State Development Tax Act, 2018. The Act is enacted to provide for the levy and collection of a tax on professions, trades, callings and employment for the benefit of the State of Punjab. Section 4 provides for the Levy and charge of tax, wherein it shall be charged as per the Schedule under the Act for all such persons who are assessable: (1) under the Head Income from Salaries and/ or Wages; and (2) under the Head Income from Business and/ or Profession, as per the Income Tax Act, 1961 shall be levied at Rs. 200/- per month respectively