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Professional Tax Registration

Professional Tax Registration

Professional tax registration is required for employers and persons engaged in any profession, trade or calling. MAANOF offers professional tax registration in most states for Rs.9999/-

Professional Tax Registration

Professional Tax is a tax levied on professions in India. Professional tax is a state levy and has to be compulsorily paid by every member and staff employed in private companies. The owner of the any establishment is required to deduct TDS from salaries before paying it to the employees and submit to the state govt.

Professional tax is usually a slab based system of taxation and it is deducted every month from the salary of the employees. Some of the state governments that have levied professional tax are Karnataka, West Bengal, Andhra Pradesh, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Orissa, Tripura and Madhya Pradesh. In case of salaried employees and wage earners, Employer is liable to deduct professional tax and get it deposited with the State Government.

In the states mentioned above it is mandatory on the parts of the employer to obtain a professional tax registration and deduct professional tax and submit it to the state govt.

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Failure to obtain professional tax registration or remit professional tax could result in fines and penalties on the part of the employer.

Professional tax paid by the employer on the part of the employee is deductible as tax from the salary of the employee and hence the employee can claim deduction of taxed so paid.

MAANOF can apply help you obtain professional tax registration in 5 – 10 working days.