Goods and Services Tax : Follow this step-by-step guide to register for professional tax in West Bengal, including exemptions, documentation, and online ap...
Corporate Law : Explore professional tax slab rates for 2024-2025 across Indian states. Understand how your income determines the tax rate in Andh...
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...
Goods and Services Tax : Government has introduced a scheme to solve disputes between Maharashtra government and taxpayers. Amnesty Scheme will be called a...
Goods and Services Tax : Unlock the details of Gujarat Professional Tax & Amnesty Scheme-2022. Explore the nuances of professional tax in India and how Guj...
Goods and Services Tax : Karnataka CA Association urges upgrades to the Professional Tax portal, addressing issues like OTP errors, payment glitches, and l...
Goods and Services Tax : Learn why the Goods and Services Tax Practitioners Association of Maharashtra requests an extension for filing PTRC returns due to...
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 : No Profession Tax on salaries less than 15,000/- (earlier applicable from Salary of Rs.5,000/- onwards). There are only two taxabl...
Income Tax : Calcutta High Court ruling states payments by supervisors to individual labourers, each not exceeding Rs. 20,000, cannot be disall...
Corporate Law : Karnataka revises monthly profession tax rates under 1976 Act, with effect from April 1, 2025; February's rate set higher than oth...
Goods and Services Tax : Get the latest update on the Maharashtra State Tax Amendment Rules 2024 issued by the Finance Department. Learn about the changes ...
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 : The Government of Karnataka on February 24, 2023, notified that bill Karnataka Tax on Profession, Trades, Callings and Employments...
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 ...
Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019. 1. The First Phase of Settlement Scheme will end on 31st July 2019 whereas, the Second Phase will end on 31st August 2019. 2. An amendment is done to bring clarity as to whether, the adjustment of tax would be towards undisputed tax or towards disputed tax.
Profession Tax can be paid by visiting https://mahagst.gov.in/en/log-e-services. Refer the attached PPT for step by step instructions for Professional Tax Payment (PTEC) in Maharashtra State.
Clarification and FAQ’s on Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019 related to the provisions of the Ordinance more particularly relating to determination of requisite amount, un-disputed tax to be paid under the Ordinance, issue based withdrawal of the appeals etc. Office of the Commissioner of State Tax, Maharashtra […]
Maharashtra Profession tax OTPT Scheme-Summary and Practical Guide The Government Of Maharashtra vide Notification No. PFT.1218/C.R.52/Taxation-3 makes available an optional scheme for the payment of profession tax, in advance, for an enrolled person, under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975. Summary of the Scheme and Practical Aspects as under […]
Now Applicants can also apply for registration under PT Act or MVAT Act or CST Act or all on the MAITRI Portal. This is the step towards a Single Window System for all necessary registrations required for doing business in the State of Maharashtra.
Revocation of Late fee exemption: If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of exemption then, his exemption of late fee shall be revoked and action will be taken against him as per the provisions of law.
Maharashtra Profession Tax- (i) This Scheme shall be called the One Time Payment of Tax Scheme, 2019.(ii) It shall be deemed to have come into force on the 1st April 2018. Government of Maharashtra, hereby makes the following scheme to provide an optional scheme for the payment of tax, in advance, for an enrolled person, under the said Act, as follows, namely :‑
Employer whose tax liability exceeds Rs. 50000/- in the previous year are required to file monthly returns. Remaining tax payers have to file yearly return. Newly registered tax payers in any year are also required to file monthly returns in that year. For subsequent year, their periodicity depends on the tax payment of the previous year.
Detailed Discussion on The Punjab State Development Tax Act and Rules, 2018 (Professional Tax) Applicability, Registration procedure, documents, Challan deposit and returns.
Late fees is not payable for delayed return filing of Professional Tax (PT) Returns in Maharashtra by the registered employer in respect of monthly or annual returns pertaining to periods April 2016 to November 2018 if amount payable as per return been/shall be paid on or before the due date. The aforesaid employers should submit the […]
