Professional tax

PTRC and PTEC Registration in Maharashtra

Goods and Services Tax - PTRC-PTEC Registration   1. What is Professional Tax? Professional tax is a state level tax which is imposed on income earned by way of profession, trade, calling or employment. The tax is based on slabs depending upon income of individual who may be self-employed or working as employee of an entity. At present the maximum tax […...

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All about Professional Tax

Goods and Services Tax - MEANING – PROFESSIONAL TAX Unlike the name, Professional Tax is not a tax which is applicable on professionals only, it is tax which is applicable on all kinds of professions, trades, and employment and based on the income. Applicability: It is applicable on: 1. Business including freelancers 2. Professionals including CA, CS, Doctors 3...

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Updated Profession Tax Rates in Maharashtra

Goods and Services Tax - Maharashtra Government has presented its Additional Budget on 05th June 2014 through its Deputy Chief Minister And Finance Minister Shri Ajit Pawar in his Budget FM has increased Minimum salary limit for Profession Tax from Rs. 5000 to Rs. 7500 which has come into effect from From July 2014 on salary payable in August 2014. ...

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Profession Tax Provisions in Maharashtra with PT Rate Chart

Goods and Services Tax - This article gives you basic information and practical aspects of the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975. This article will help to solve majority of the minor doubts which arise while complying under Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975. The article c...

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PTEC And PTRC Registration in Maharashtra

Goods and Services Tax - PTEC stands for Professional Tax Enrolment Certificate and PTRC stands for Professional Tax Registration Certificate. Usually these Registration are required to conduct business in Maharashtra and in many other States. PTEC allows to pay professional tax of a business entity and also of the professional or owner of the business. In other ...

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Maharashtra- Periodicity for PT payment & Filing Return for FY 2021-22

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 who are required to Pay Tax and File Return Monthly or Yearly under PT Act is published by the Department and the list is kept in the Excel sheet attached under the head “PTRC […]...

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Budget 2018 Speech by Maharashtra FM Sudhir Mungantiwar

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 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...

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Revised Rates of Profession Tax in Andhra Pradesh

Goods and Services Tax - No Profession Tax on salaries less than 15,000/- (earlier applicable from Salary of Rs.5,000/- onwards). There are only two taxable slabs salaries between 15,001/- to 20,000/- PT Rs.150/- PM and salaries above Rs.20,000/- PT Rs.200/- PM....

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Professional tax to be imposed in Bihar

Goods and Services Tax - Bihar government has decided to impose professional tax on central and state governments officers and employees, Railways, boards and corporation on the pattern of Maharashtra, West Bengal and other states, official sources said today. The state assembly adopted the Bihar Profession, Trade, Livelihood and Employment Tax Bill, 2011, yester...

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Profession tax rate hiked in Delhi

Goods and Services Tax - A person earning over Rs 30,000 per month may have to pay a ‘professional tax’ of Rs 100-200 under new tax proposals unveiled by the MCD in its 2010-11 budget, which also envisaged a hike of five per cent in property tax rates. The civic agency will focus on Commonwealth Games 2010 related infrastructure and parking projects in the co...

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Last date of filing PT return for 21-22 is extended to 31.5.2022 in West Bengal

(01/01/1970) - 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 29.04.2022  Government of West Bengal Directorate of Commercial taxes Office Of The Commissioner Of Commercial Taxes And Profession Tax 14, Beliaghata Road, Kolkata-700...

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Maharashtra Professional tax: Govt issues Late fee waiver Notification

- - (25/02/2022) - Late fee waiver Notification dated 25 Feb 2022 has been issued by Government of Maharashtra. All Profession Tax returns pending up to December 2021 can be filled up to 31st March 2022 without late fee after payment of tax and interest. Read Notification Below-   ...

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Professional Tax Returns Due Date Extended for Maharashtra

Notification No. PFT 1221/C.R. 16/Taxation-3 - (17/06/2021) - Vide notification dated 17.06.2021 Due date for filing Profession Tax Returns on the website of the Maharashtra Goods and Services Tax Department for the Months of March-2021, April-2021 & May-2021 is been extended till 30th June, 2021. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, ...

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Karnataka PT payment date for year 2021-22 extended to 30.05.2021

Removal of Difficulties Order No. FD 02 CPT 2021 - (26/04/2021) - Last Date For Profession Tax (PT) Payment For The Year 2021-22 Extended To 30th May 2021 Under Karnataka Tax on Professions, Trades, Callings and Employments Act,1976 (Profession Tax) vide Removal of Difficulties Order No. FD 02 CPT 2021 dated: 26/04/2021. GOVERNMENT OF KARNATAKA No. FD 02 CPT 2021 ...

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Maharashtra Profession Tax: Passport Number allowed for Director of Foreign Company not having PAN

Notification No. PFT-1221/ C. R. 3 /Taxation-3 - (12/02/2021) - The Maharashtra State Tax on Professions, Trades, Callings and Employments (2nd Amendment) Rules, 2021 regarding Rule 4A, 8 and From I and II- Where an employer or a person is a Company specified under sub­section (3A) of section 5 of the Act, apply for certificate of registration or enrolment, sha...

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Recent Posts in "Professional tax"

Last date of filing PT return for 21-22 is extended to 31.5.2022 in West Bengal

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 29.04.2022  Government of West Bengal Directorate of Commercial taxes Office Of The Commissioner Of Commercial Taxes And Profession Tax 14, Beliaghata Road, Kolkata-700015 ORDER Memo No: 75/CT/PRO | Dated: 2...

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Maharashtra Professional tax: Govt issues Late fee waiver Notification

- 25/02/2022

Late fee waiver Notification dated 25 Feb 2022 has been issued by Government of Maharashtra. All Profession Tax returns pending up to December 2021 can be filled up to 31st March 2022 without late fee after payment of tax and interest. Read Notification Below-   ...

Read More

PTRC and PTEC Registration in Maharashtra

PTRC-PTEC Registration   1. What is Professional Tax? Professional tax is a state level tax which is imposed on income earned by way of profession, trade, calling or employment. The tax is based on slabs depending upon income of individual who may be self-employed or working as employee of an entity. At present the maximum tax […...

Read More

Professional Tax Returns Due Date Extended for Maharashtra

Notification No. PFT 1221/C.R. 16/Taxation-3 17/06/2021

Vide notification dated 17.06.2021 Due date for filing Profession Tax Returns on the website of the Maharashtra Goods and Services Tax Department for the Months of March-2021, April-2021 & May-2021 is been extended till 30th June, 2021. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, Dated the 17...

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All about Professional Tax

MEANING – PROFESSIONAL TAX Unlike the name, Professional Tax is not a tax which is applicable on professionals only, it is tax which is applicable on all kinds of professions, trades, and employment and based on the income. Applicability: It is applicable on: 1. Business including freelancers 2. Professionals including CA, CS, Doctors 3...

Read More

Karnataka PT payment date for year 2021-22 extended to 30.05.2021

Removal of Difficulties Order No. FD 02 CPT 2021 26/04/2021

Last Date For Profession Tax (PT) Payment For The Year 2021-22 Extended To 30th May 2021 Under Karnataka Tax on Professions, Trades, Callings and Employments Act,1976 (Profession Tax) vide Removal of Difficulties Order No. FD 02 CPT 2021 dated: 26/04/2021. GOVERNMENT OF KARNATAKA No. FD 02 CPT 2021 Karnataka Government Secretariat, Vidhan...

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Updated Profession Tax Rates in Maharashtra

Maharashtra Government has presented its Additional Budget on 05th June 2014 through its Deputy Chief Minister And Finance Minister Shri Ajit Pawar in his Budget FM has increased Minimum salary limit for Profession Tax from Rs. 5000 to Rs. 7500 which has come into effect from From July 2014 on salary payable in August 2014. ...

Read More

Profession Tax Provisions in Maharashtra with PT Rate Chart

This article gives you basic information and practical aspects of the Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975. This article will help to solve majority of the minor doubts which arise while complying under Maharashtra State Tax on Professions, Traders Callings and Employments Act 1975. The article c...

Read More

Maharashtra- Periodicity for PT payment & Filing Return for FY 2021-22

Periodicity for Paying Tax and Filing Return under PT Act for the F.Y. 2021-22 Instructions:‑ 1. Periodicity of the PTRC dealers who are required to Pay Tax and File Return Monthly or Yearly under PT Act is published by the Department and the list is kept in the Excel sheet attached under the head “PTRC […]...

Read More

PTEC And PTRC Registration in Maharashtra

PTEC stands for Professional Tax Enrolment Certificate and PTRC stands for Professional Tax Registration Certificate. Usually these Registration are required to conduct business in Maharashtra and in many other States. PTEC allows to pay professional tax of a business entity and also of the professional or owner of the business. In other ...

Read More

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