Professional Tax is governed by the Trades, Callings and Employments Act, 1975. Person doing business in Maharashtra like Professionals, Traders etc. is liable to obtain Profession Tax Registration certificate and do compliance of profession tax.

Company need to apply for Professional Tax Registration Certificate (PTRC) who is in the role of employer whereas Professional tax Enrollment certificate(PTEC) is to obtained by the company for its own existence and engaging in profession (and of-course business too) within the state of Maharashtra. Total yearly Rs. 2500 required to be paid like Rs. 200 per Month and Rs. 300 in Month of February ( Rs. 200 * 11 + 300 = 2500 ) for late payment of Taxes interest in applicable. Our dedicated professional team helps you in taking registration and maintaining tax compliances with timely reminder and follow-ups.

Professional Tax Important Points

PT in Maharashtra to be paid monthly/annually
Apply PT Registration with in 30 days from Applicability

On Late Payment of Professional Tax simple interest rate 1.25%PM

Highlights of Profession Tax

Return Filling: Persons holding Professional Act Registration is required to file monthly / quarterly / Annual Returns on basis of tax payable criteria.

No Renewal of Registration: Professional Tax is issued for the life time purpose hence there is no requirement of renewal of same as like in case of Shop Act etc.

Simple Compliance: Compliance under Professional tax such as timely tax payment and filing of return is simple which can be maintained easily

Online Tax Payment: Profession tax is state tax , each Government have dedicated website for online payment of PT. In some of state Online Payment mandatory.

GST & PT: GST officer sharing information of person to PT department who are not registered under Profession tax. Sharing of contact between.