Professional Tax Registration
Stay on the legal side
Whether you run a small business or a large corporation, you should know that you are required to calculate and register the Profession tax for each of your employees. Learn everything you need to know about Obtaining Profession Tax and its process, as well as the reasons why you might want to hire a specialized service to help you out in submitting all documents and completing the registration in the smallest amount of time possible.
The Profession tax should not be confused with the income tax. While they are essentially the same thing, they are calculated differently. More than that, the professional tax must be paid even by people earning less than 5,000 RS per month who would normally be exempt from paying it.
In some states, the professional tax must be registered monthly, while in others twice per year. The sum you earn monthly also plays a role in how often you must submit the tax documentation.
Overview
Non-compliance to pay professional tax within the time limit can result in quite a hefty penalty. We’re here to offer you our best services to ensure that you stay on the legal side by paying your tax on time.
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FAQ
Frequently asked questions.
Employers in some states are required to deduct and deposit taxes from employees whose pay exceeds the minimum slab limit. That entity must get a registration certificate as well as an enrollment certificate.
Once the payment has been made, download the payment acknowledgement receipt. The receipt indicates that the payment has been made successfully.
Professional tax should be paid by every individual. There are penalties in case of noncompliance.
The following individuals are exempted to pay Professional Tax: Parents of children with permanent disability or mental disability. Members of the forces as defined in the Army Act, 1950, the Air Force Act, 1950 and the Navy Act, 1957 including members of auxiliary forces or reservists, serving in the state.
