are required to pay this professional tax. In some cases, the payment of tax is fixed and is to be paid irrespective of turnover. We make your interaction with government as smooth as is possible by doing all the paperwork for you. In such case, employer needs to register and obtain both professional tax registration certificate to be able to pay professional tax on his trade/profession and professional tax enrolment certificate to be able to deduct the tax from his employees and pay. No interest accrues after a PF account becomes inoperative. The duty to pay/ deduct and deposit the professional tax rests with the taxpayers as follows: Yes, some states have initiated the composition scheme, under which a lump sum amount can be paid, and the individual will be discharged for the professional tax liability for a stipulated period. Additionally, employer (corporates, partnership firms, sole proprietorship etc) also being a person carrying on trade/profession is also required to pay professional tax on his trade/profession again subject to monetary threshold if any provided by respective State’s legislation. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. ADVERTISEMENT. We are not a law firm and do not provide legal services ourselves. Individuals involved in trade or professions such as doctor, lawyer, CA, etc. Street Lights. Our team of experienced business advisors are a phone call away, should you have any queries about the process. The overall rules governing the professional tax may vary from time to time. It is also payable by members of staff employed in private companies. Profession tax is the tax levied and collected by the state governments in India. [3], Article 276 in Constitution of India, 1949, Penalties for Non-Compliance on P.Tax Payment, (from 01/04/2015) (Maharashtra: Profession Tax Act 1975), http://articles.economictimes.indiatimes.com/2003-03-21/news/27526084_1_profession-tax-tax-collection-professional-tax, "West Bengal Professional Tax Rate Slabs, Registration & Enrollment", https://www.saralpaypack.com/blogs/professional-tax-slab-rates-in-different-states/, https://en.wikipedia.org/w/index.php?title=Professional_Tax&oldid=980211796, Articles with disputed statements from January 2016, Creative Commons Attribution-ShareAlike License, Notwithstanding until provisions to the contrary is made by Parliament by law, and any law so made by Parliament may be made either generally or in relation to any specified States, municipalities, boards or authorities, The power of the Legislature of a State to make laws as aforesaid with respect to taxes on professions, trades, callings and employments shall not be construed as limiting in any way the power of Parliament to make laws with respect to taxes on income accruing from or arising out of professions, trades, callings and employments, Employers covered under the jurisdiction of “State Government” as Designated authority shall pay in the treasury by. Online Professional Tax. BIRTH & DEATH.
Read on to know When to apply for professional tax in India - Professional Tax Registration.
1245896. Members of the armed forces, including auxiliary forces serving in the state. The owner of an organization or business is responsible to deduct the tax amount from the salary of his employees and deposit it in the relevant state authorities. The Municipal Corporations levy the Professional Tax Registration, and the business owner is responsible for deducting the professional tax from the employees’ salaries and paying the amount to the appropriate government department. 1478536. SIR I HAVE APPLY TO PROFESSION TAX REGISTRATION CERTIFICATE AND I GET THE NUMBER ASLO BUT I CANT DOWNLOAD MY PTRC SO PLZ HELP ME. You can have to pay anything between â¹ 200 to â¹ 2500 a month. is PEC03CZ99999999, select CZ in Zone field and enter 99999999 in Certificate No. Depending on the state, it is managed by the commercial tax department on an annual or monthly basis. 2131 Cr. News & update … I have lost my professional tax certificate which is getting from west Bengal department can you please tell me procedure for surching….its very urgent I have only 17 hour….so please. (Approx. It is mandatory to pay professional tax. Under the standard clause of fire and special perils policy. Parents or guardians of children with disability. Home; How to Pay Online; Re-Print Receipt; View Payment History; Payment Detail: PEC NUMBER નોધણી નંબર It is a deduction that is made from the gross income before computing the tax. Interest earned from corporate bonds is taxable. 1000 per return will be imposed if you filed after due date in 1 month. -E.C.
This page was last edited on 25 September 2020, at 07:04. Click here to pay your water charges; Click here to pay your property taxes; Click here pay your Property Mutation fee; Click here to pay your Advertisement tax However, if an employer has less than 20 employees, he is required to pay quarterly(i.e. If an employer has employed more than 20 employees, he is required to make payment within 15 days from the end of the month. Income earned via overseas firm is subject to tax in India. Whilst VMC shall endeavour to protect the interest of the users, there cannot be any guarantee from such cyber-crimes and other actions that could affect online payment transaction with VMC including but not limited to delay or failure in processing the transactions.