Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...
Goods and Services Tax : Who is liable to pay Professional Tax in Maharashtra? Any individual or entity engaged in a profession, trade, calling or employme...
Income Tax : Explore the amended Professional Tax Schedule in Karnataka effective from 01/04/2023. Understand the tax liabilities, exemptions, ...
Goods and Services Tax : Stay compliant with Maharashtras Profession Tax Rules effective from 01/04/2023 onwards. Learn about the analysis of Rule 11, incl...
Goods and Services Tax : Stay informed about Maharashtra Profession Tax changes effective from 01/04/2023. Understand the threshold, rates, and amendments ...
Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...
Goods and Services Tax : KSCAA urges Karnataka Govt. to extend professional tax deadline amidst technical issues, fostering trade & industry relief. Detail...
Goods and Services Tax : KSCAA has sent a representation to the The commissioner of Commercial Tax, on umpteen number of glitches and hardship in payment o...
Goods and Services Tax : Periodicity for Paying Tax and Filing Return under PT Act for the F.Y. 2021-22 Instructions:‑ 1. Periodicity of the PTRC dealers...
Goods and Services Tax : In my last budget speech, I had mentioned about the Jal and Bhoomipoojan for Chatrapati Shivaji Maharaj Memorial in Arabian Sea ne...
Goods and Services Tax : The last date for online filing of West Bengal Profession Tax returns for FY 2023-24 is extended to 15-06-2024, with paper submiss...
Goods and Services Tax : Learn about the latest notification from the Maharashtra Finance Department granting late fee waivers for Profession Tax Payers. U...
Goods and Services Tax : Extension of Last Date for Filing Return in Form III- An Opportunity to Avoid Penalties Order dated 27.04.2023 I am writing to inf...
Goods and Services Tax : Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to noti...
Goods and Services Tax : Last date of filing PT return return in Form III for Year Ending 2021-22 is extended to 31.5.2022 in West Bengal vide order dated ...
Profession Tax is a tax levied on a person engaged in any profession, trade, calling and employment in West Bengal. Profession Tax is payable at the rates specified in the Profession Tax Schedule. For Tax Schedule Click Here- Profession Tax Rate Schedule West Bengal
Maharashtra Government exempts whole of the late fee payable by the registered employer, in respect of the monthly or annual PTRC returns pertaining to the periods April 2016 to June 2018 is being exempted, subject to the fulfillment of eligibility condition.
Every employee or person doing business or profession in Punjab is liable to development tax if after deduction income is above maximum exemption limit i.e. Rs. 2,50,000/- at present as per Income Tax Act. Section 4 also mention ‘Income tax payee’ which creates confusion as Person with Total Income above Rs. 3,00,000/- is income tax payee due to rebate of Rs. 2500/- Secion 87A of Income Tax Act. Punjab State Govt should clarify the same.
Punjab Government imposes profession tax of Rs. 200 Per Month on All such persons who are assessable under the Head Income from Salaries and/ or Wages as per the Income Tax Act, 1961 and All such persons who are assessable under the Head Income from Business and/ or Profession as per the Income Tax Act, 1961.
Maharashtra Profession Tax Act amended from 1.4.2018. Now a Limited Liability Partnership and each partner of LLP shall be liable to pay PT of Rs. 2,500/- per annum
In my last budget speech, I had mentioned about the Jal and Bhoomipoojan for Chatrapati Shivaji Maharaj Memorial in Arabian Sea near Mumbai at the hands of Honble Prime Minister of India. Now, the tender for this memorial has been finalized and work order has been issued. I am happy to mention that this project will be completed in thirty-six months.
Profession Tax is a tax levied on a person engaged in any profession, trade, calling and employment in West Bengal. The West Bengal State Legislature enacted the West Bengal State Tax on Professions, Trades, Callings and Employments Act, 1979
Office of Commissioner of Profession Tax, Maharashtra State, 8th Floor, GST Bhavan, Mazgaon, Mumbai – 400010. TRADE CIRCULAR No: ACST/VAT-3/PT/Late-fee-waiver/61/2017/B-2002, Trade Circular No. 57T of 2017 Mumbai, Dt : 30/12/2017 Sub: Exemption from payment of Late Fees U/s 6(3) of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act 1975 Ref: 1) Trade […]
As per Section 6(1) of The Maharashtra State Tax on Professions, Trades, Callings and Employments Act 1975 (the Profession Tax Act, 1975), every employer registered under the Profession Tax Act, 1975 has to furnish return in prescribed format showing the salaries and wages paid and the amount of tax deducted by him in respect thereof. As per Rule 11(2A)
FM of Maharashtra presented Budget on 18th March 2017. In order to give effect to announcements made in house, certain amendments have been made to Maharashtra State Tax on Profession, Trade, Callings and Employments Act, 1975.
