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Professional tax registration for employers having less than 20 employees.
–> The above pricing is applicable for businesses with turnover upto 25 lakhs and 25 employees. In case of larger business, extra charges would be applicable.
–> The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing. Nextfilings shall not be responsible for any liability that may arise on account of the information being false and/or incomplete.
–> All data provided by the Client will remain confidential with Nextfilings unless pursuant to any order or requirement of a court, administrative agency, or other governmental body.
–> Nextfilings shall not be responsible for any delay in making of the requisite filings and the client is solely responsible for the delay and any penalty that may be levied on account of such delay. The client should be aware of the due dates and compliances inter-alia under various laws, acts, regulations and rules and we are solely responsible for compliances under all applicable laws and shall be responsible for payment of any penalty or losses that arise on account of non-compliance of any applicable laws, rules, regulations and acts.
Professional Tax Registration
Professional Tax is the tax levied and collected by the state government in India. The tax is calculated based on the slabs. Each state can have different salary slab rates for the calculation of professional tax.
Applicability of Professional Tax
Professional tax does not mean that only people who practice a profession need to pay it. It applies to other sections as well. Here is the list of the parties that are required to pay Professional tax.
Companies and Business Firms
Limited Liability Partnerships (LLP)
Corporations
Co-op Societies and Associations
Hindu Undivided Family
Clubs
Lawyers and Legal practitioners
Contractors
Architects
Engineers
Insurance agents
Chartered Accountants (CA)
Company Secretary (CS)
Surveyors
Tax consultants
Management consultants
Doctors and other medical representatives
Benefits
Professional Tax Compliance is simple, which can enable a smooth and hassle-free Registration Process.
The Employer or the self-employed person can claim a deduction on the previously paid professional tax.
It is compulsory to pay Professional tax as per the law. Hence, the timely payment of Professional tax can help avoid penalties and any punitive action against the Employer or a self-employed person.
Documents Required
Certificate of Incorporation / LLP Agreement
MOA and AOA
PAN Card of Company/LLP/Proprietor/Owner/Director
NOC from the landlord, where the business is situated
Passport size photos of Proprietor/Owner/Director
Address and identity proof of Proprietor/Owner/Director
Details of employees and salaries paid
Additional registrations and licenses
Exemptions in Professional Tax
Though every individual who receives a regular income (salary) is required to pay the Professional Tax, some individuals are exempt from it. So, if you fall under the categories mentioned below, you do not need to pay Professional Tax.
♦ Member of Force (Governed by Army, Air Force, Navy Act)
♦ An individual suffering from mental or physical disability. Disability can be blindness, deafness, etc.
♦ Parent of a child suffering from a disability
♦ Charitable hospitals are present in places that come under below taluk level.
♦ Badli workers (temporary workers that are employed in a factory)
♦ Individual running an educational institute
♦ A foreign individual who has been employed by the relevant state
♦ Any individual of above 65 years
♦ Women who are solely engaged as agents under the Government’s Mahila Pradhan Kshetriya Bachat Yojana