Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
Professional tax is imposed by the state government via article 276 of the Constitution of India and varies from state to state; every state derives this right to impose pay professional tax on the professionals like doctors, CA, CS lawyers and others. However, the maximum ceiling to this is Rs 2500/- annually. The professional tax is levied by the Municipal Corporation[1] of the respective city.
One needs to pay attention to the fact that in the case of other class of individuals, the professional tax is liable to be paid by the employee himself/herself. The professional tax is imposed basis a slab-amount on the gross income of the professionals required to pay professional tax.
Table of Contents
In case of the company, LLP, designated partners or partners of LLP, partnership firm, individual partner, self-employed professional or owners of any business the professional tax is charged on the basis of the gross turnover in the preceding year.
Usually, the professional tax is charged by the government on the income from salary or practicing such professions say like doctors, CA, CS lawyers and others. The person obligated to seek such professional tax registration is required to ensure that the professional tax is deducted from the salary of the employees.
One needs to take the registration under a professional tax of a particular state within 30 days of coming under the purview of the applicability of professional tax.
The professional tax collected from the employees should be deposited in the appropriate office designated by the state government and a return of professional tax must be filed specifying the payment of pay professional tax.
Also, Read: Know whether you are required to Pay Professional Tax or Not!.
The imposition of the professional tax rate is different from state to state, however with a cap of Rs 2500/- in a year. Apart from professional tax rate, the coverage also differs from the state to state, for example, the pay Professional Tax in Maharashtra is applicable in both the case of salaried and self-employed professionals to earn while working in government or private organization or under any other mode of employment. However, in Delhi Professional tax is not applicable.
One needs to apply online and the scanned copy of documents has to be sent via mail.
It is usually a maximum of 4 days.
Following are the states wherein the PROFESSIONAL TAX is applicable:
The Procedure to obtain the pay Professional tax certificate is completely online the expert team of Enterslice is engaged in providing end to end solution with regard to registration to after registration compliances including returns. In case you need any expert opinion or learn more Clicks here to contact.
See our Recommendation: All Types of Income Tax Return Filing In India.
A joint venture is a strategic business arrangement in which two or more companies collaborate...
With the rising inflation rates and various other economic factors, wealthy Americans are incre...
Before approaching the new suppliers or any other third parties, you should always go for the v...
With the increasing landscape of Fintech Companies, it is increasingly vital that fintech compl...
This blog gives a detailed description through an audit report for industrial waste by examinin...
Are you human?: 3 + 5 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
When you start earning money, remember that some part of such money belongs to the government. In simple words, you...
08 Jun, 2023
Every individual would have to file tax returns. If the individual has to file tax returns then there would be a de...
30 Sep, 2020
Chat on Whatsapp
Hey I'm Suman. Let's Talk!