Professional Tax is the tax charged by the state governments in India. Every person engaged in any profession, trade, calling or employment shall be liable to pay to the State Government
Business owners, working individuals, merchants and people carrying out various occupations comes under the purview of this tax.
Documents Required for Registration
- Copy of PAN card of individual/all partners in case of partnership firm/all directors in case of companies
- Identity proof- Passport, Aadhaar card, voter ID of the proprietor/promoter or authorized person along with passport-size photo
- Business Registration Documents- Partnership deed in case of partnership firm/Certificate of incorporation in case of companies
- Address Proof of firm the registered office place is rented, a rent agreement and one utility bill (electricity bill, water bill, property tax bill) have to be submitted.. If the registered office place is owned, a utility bill is required
Who is liable to pay Profession Tax?
Every person engaged actively or otherwise in any profession, trade, callings, or employment and falling under one or the other of the classes mentioned in the second column of Schedule I appended to the Profession Tax Act, is liable to pay Profession Tax.
What are the categories of persons liable for professional tax?
The categories of persons liable for Profession Tax are an individual, a Hindu Undivided Family, firm, company, corporation or other corporate body, any society, club, or association
What is registration certificate for profession tax(PTRC) and what is enrolment Certificate(PTEC)?
Every employer, other than Government officer, who is liable to deduct and pay Profession Tax on behalf his employees, is given a registration certificate. Every person liable to pay profession tax, other than a person whose profession tax is payable and paid by his employer, is given a enrolment certificate i.e. enrolment certificate is issued to an individual person, company, society etc as the case may be only while registration certificate may be issued to any of categories of persons
Who can apply for registration certificate?
Any of the categories of person, who is paying salary or wages to one or more employee, wherein this salary or wages paid to anyone or more employees exceeds Rs. 7500/- per month, is liable for registration under Profession Tax Act. Such a person can only apply for registration certificate.
What is the time limit for obtaining Registration Certificate as an employer?
An employer, who wishes to obtain Registration Certificate, has to apply for the same within thirty days of his becoming liable to pay tax.