➢ About the service:
❖ PT Registration is mandatory if the no of employees working in an entity exceeds 20.
❖ Monthly PT challan and return due date is 15th of every month.
➢ Estimated time to complete the work:
❖ 10 Days after the receipt of documents.
➢ Required Documents/Information:
❖ PAN & Aadhar card.
❖ Address of the establishment.
❖ Mobile number & E – Mail ID.
❖ Incorporation Certificate.
➢ What we will deliver:
❖ PT Registration certificate.
Professional Tax Registration FAQ’s
1. How is professional tax calculated?
In India, Professional Tax is calculated on Salary slabs. Under minimum salary, there is no tax. The maximum amount paid as Professional Tax is Rs.2500 per year. The tax slabs differ from state to state.
2. How much professional tax is deducted from my salary?
Professional Tax appears at the top of the salary slip as it is deducted even before calculating income tax. The employer deducts it from the salary of the employee and deposits it with the State Government.
3. Is it mandatory to pay professional tax?
Professional Tax is a mandatory tax paid by every individual, and there are penalties in case of non-compliance.
4. Why is professional tax different in every state?
The Professional Tax Rules vary from state to state. As the rules vary from state to state, each state can set limits and rates. But the maximum amount limit has been developed to Rs.2500 per year. The salary slab structures for levying Professional Tax differ from state to state.
5. What is a professional tax and when is it levied?
The professional tax is a state-level tax that is imposed on the income that is earned through profession, trade, calling, or employment. The tax is based on the slab that is dependent on the income o the individual who may be self-employed or working as an employee of an entity.
6. Is professional tax imposed in each state?
Karnataka, Bihar, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Kerala, Meghalaya, Orissa, Tripura, Madhya Pradesh, and Sikkim.
7. Who deducts the tax and deposits the same with the government?
In the case of self-employed individuals, the tax has to be paid by the individual himself. In the case of the individuals, the liability of deducting the tax is on the employer.
8. Who has to pay professional tax in India?
Every person that is engaged actively or otherwise in any profession, trades, callings, or employment and falls under one or the other class that is mentioned in the second column of the Schedule I appended to the profession tax act, is liable to pay the professional tax.
9. What is the age limit for obtaining the professional tax registration certificate?
An employer who is obtaining the registration certificate has to apply for the same within thirty days of becoming liable to pay the tax.
10. Who is assessed under the Professional Tax Act?
The employer is liable to pay the professional tax that is assessed under the profession tax act.
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