Professional Tax Registration in India
Professional Tax registration is a state level tax which is required to paid by individuals and businesses. Experience our fastest processing and reliable registration at best challenging affordable rates.
Professional Tax registration is a state level tax which is required to paid by individuals and businesses. Experience our fastest processing and reliable registration at best challenging affordable rates.
APPLY FOR PT REGISTRATION NOW
Professional tax refers a state level tax imposed on income which is earned by the way of profession, trade, calling or employment. The tax is based on slabs decided by different states depending upon the income of individual /business /employee of an entity. The maximum tax which can be imposed is restricted to the amount of Rs. 2500/-.
Digital photograph of proprietor/ managing partner in case of firm/ Designated partner in case of LLP/ directors in case of company.
A proof of the workplace with NOC from the owner of that location.
Latest Bank Statement/ Cancelled cheque of proprietor/ Company/ LLP.
Mobile number and mail address of Authorized Person.
Pan card/ Aadhar Card/ Passport/ Driving license/ Voter ID of Applicant.
Collection of all the required documents and relevant information of the employees
The application for PT Registration and enrollment will be filled with correct data and proper disclosure along with all the required documents. The filled application is to be submitted online and acknowledgement will be generated which can be used for tracking the application.
After successful approval of application PT registration number is allotted and registration certificate is generated.
Eligibility shall be as per the slab. Every state has different slab for professional tax.
Professional tax refers a state level tax imposed on income which is earned by the way of profession, trade, calling or employment. The tax is based on slabs decided by different states depending upon the income of individual /business /employee of an entity. The maximum tax which can be imposed is restricted to the amount of Rs. 2500/-. Professional Tax Registration are of two types– PTEC and PTRC registrations.
Professional Tax Certificate are of two types –
Professional Tax Enrollment Certificate (PTEC): PTEC is paid by the owner, business entity or a professional like Private or Public Limited Company, Director Sole Proprietor Etc.
Professional Tax Registration Certificate (PTRC): In PTRC employer whether Government or Non-Government deducts the tax from the employee’s wages and deposits the tax to the government.
Enrolment certificate is also known as the Professional Tax Enrolment Certificate (PTEC), PTEC registration is obtained for the payment of taxes by the employers.
Professional Tax in India is applicable for the individuals and entities like –
Companies, Firms, Limited Liability Partnerships, HUF, Corporation, Societies, Associations, Clubs, Legal Practitioners, Chartered Accountants, Company Secretaries, Tax consultants, Management professionals, Contractors, Architects, Engineers, Insurance Agents, Surveyors , Doctors, etc.
Thus Professional Tax registration is the responsibility of every businessman, who for compliance of regulation shall deduct the professional tax from the salary employee’s salary and pay to the government department.
All paid Professionals working/ trading in India. Every professional who is acquiring a regular monthly salary is required to pay this tax. The professionals would get a unique registration number by registering in the Professional Tax Act and paying the professional Tax either online or offline.
Following are exempt from paying Professional Tax-
The advantages of taking Professional Tax Registration are-
Professional Tax is calculated on the basis of Salary slabs. The maximum amount paid as Professional Tax is Rs.2500 per year. The tax slabs differ from state to state.
Yes, Professional Tax is a compulsory tax which is to be paid by every person eligible and in case of non-compliance penalties are imposed.
The Professional Tax Rules differ and the salary slab structures for levying Professional Tax from state to state and thus each state can set limits and rates. But the maximum amount limit has been set to Rs.2500 per year.