Professional Tax Registration
@ INR 999/-
Application for Registration
Follow-up for Documentation
Issue of Enrollment/Registration Certificate
1. PAN, Incorporation Document, Utility Bill & NOC
2. PAN, Photo & Address proof of partners/directors
3. Salary Details of all employees
4. Financial Statements
Only 3 steps to follow
Email all the documents
as per checklist
We draft & file the documents required
Once approved, RC No. is issued within 15 days
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 that can be imposed is restricted to is Rs. 2500/-.
Professional tax is imposed only in following States: Karnataka, Bihar, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamilnadu, Gujarat, Assam, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, and Sikkim.
Applicability of professional Tax
Professional tax applies to the following class of persons in states where it is applicable:
Individual Professionals like Notaries and solicitors, Medical representatives, Management consultants, Tax consultants, Surveyors, Company secretaries, Chartered accountants, Insurance agents, Engineers, Architects and Contractors
Individuals who act as company directors, firm partners, LLP partners and designated partners
Private/Public/One person Company/ Firm / Co-operative Society
Hindu Undivided Family (HUF) / Association of Person / Body of Individuals
Benefits of Obtaining License
Payment of professional tax is a judicial requirement and hence avoiding it can call for any penalty or prosecution, self-employed person and employer shall pay their professional tax as per the rates provided by their concerned state without any delay.
Professional tax is simple to comply with. Regulations governing professional tax impose minimal restrictions and are easy to get registered with simplified annual/monthly compliance.
The deduction can be claimed of earlier paid professional tax on salary.
Professional tax is a state tax; therefore, it becomes a state government or local tax authority’s obligation to collect professional tax deducted on professional fees, business income, and salary.