Maharashtra government has amended section 5,8 and 9 of maharashtra state tax on professions, trades, callings and employments act, 1975. You can search online for the right website by entering professional tax epayment followed by the name of your city visit the karnataka commercial taxes department website or click here. Professional tax is a tax levied on the income earned by salaried employees and professionals, including chartered accountants, doctors and lawyers, etc. West bengal, andhra pradesh,telangana, maharashtra. Exemption of late fee us 6 3 of the maharashtra state tax on professions, trade, callings. Every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax prescribed under the said schedule.
The professional tax is a source of revenue for the state governments which helps the different in implementing schemes for the welfare and development of the region. Maharashtra profession tax act, 1975 arp consulting. Almost all the states in india including gujarat, karnataka, kerala, madhya pradesh, maharashtra, manipur, meghalaya, mizoram, orissa, assam, tamil nadu and tripura to. As per this act, professional tax is applicable for both individuals and companies. Professional tax act department of goods and services tax. Maharashtra profession tax otpt schemesummary and practical guide the government of maharashtra vide notification no. It offers special privileges for women professional tax payers. Professional tax in india statewise professional tax. Anyone earning an income from salary or anyone practicing a profession such as chartered accountant, lawyer, doctor etc. You can get the copy of challan in archived payment history tab. Profession tax enrolment user manual 2014 2 first time application a step by step road map this is the view of home page for online enrolment of profession tax. This tax is in addition to any other taxes such as income tax, indirect tax gst etc. This tax is deducted from the salary of an employee every month.
This article is very much specifically for the changes in the professional tax rates which have been amended and the updated rates and the criteria for charging the same are mentioned below. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme. Maharashtra stateamendt to tax on professions, trades, callings and. The calculation of profession tax changes form state to state, as its a tax collected by the state government. Anyone earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. Maharashtra profession tax act, 1975 salary and wage earners, such person whose monthly salaries or wages are. Trades, callings and empioymcnts aci, 1975 and the maharashtra tax on.
Professional tax rates in maharashtra t he state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975 with the purpose to collect revenue to be used in employment generation guarantee scheme. An act to make provisions for levy and collection of tax on intrastate supply of goods or, services or, both in the state of maharashtra and the. State government of maharashtra levies professional tax at the rate of rs. Profession tax act 1975 bare act pdf the maharashtra sales tax on the transfer of property in goods. Appointment of women recovery agent under professional tax and their incentive. Maharashtra stateamendt to tax on professions, trades, callings and employments rules, 19756. Professional tax is a tax levied at the state level in india. Exemption from payment of late fee us 6 3 of the maharashtra state tax on professions, trades, callings and employments act, 1975. Get profession tax forms for andhra pradesh, assam, bihar, chattisgarh, gujarat, kerala, madhya pradesh mp, maharashtra, odisha, telangana. Allocation of gst taxpayers to state authorities as on 08. The maharashtra state tax on professions, trades, callings and employments act, 1975 profession tax act has come into operation from 141975. The professional tax for some major states in india are andhra pradesh, maharashtra, gujarat, new delhi, karnataka, tamil nadu, madhya pradesh, west bengal. The professional tax slab rates on salary and wages in maharashtra are as follows. Professional tax is deducted by the employers from the salary of.
Revised rates of professional tax in maharashtra greythr. Under the act profession tax department of goods and. Maharashtra professional tax slab rate, latest news. From 3 part 1 a, returncumchalan for theprofession tax officer, pdf icon 95. The profession tax amount is considered exemptible from taxable income of. In case of salaried professionals, professional tax is deducted by employers. Professional tax in india updated on april 22, 2020, 16504 views. Professional tax slab rates in india for financial year. Besides, the amount paid as professional tax comes under income tax deduction under section 16 of the indian income tax act, 1961. Commissioner, corporation area, employer, month, person, profession tax, salary or wage, tribunal amendments appended. Professional tax slab rates state wise in india 201920. Professional tax rates for the fy 201920 wealthtechspeaks. In this article we discussed step wise registration procedure for professional tax enrollment certificate ptec in maharashtra.
You will get confirmation message as under containing activation link on your. Maharashtra sales tax department mstd are started from sap based system. Profession tax maharashtra form iii in excel format returncumchallan about forms compiled in pdf fillable as excel word format. Updated professional tax rates in maharashtra pt tax. The government of maharashtra of also revised its professional tax slab rates for the financial year 201516.
Professional tax in maharashtra is handled by the maharashtra state tax on professions, trades, calling and employment act, 1975 which came into effect on 1st april 1975. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, lawyer, doctor etc. On the commercial taxes website, click on ktp karnataka professional tax in the left menu bar. Professional tax interest on non payment on of professional tax, article 276. Maharashtra professional tax slab rate, latest news bankbazaar. Meghalaya professional tax slab rates for financial year 201617.
Professional tax rates for the financial year 201920 for the respective states has been discussed in this post. Maharashtra state tax on professions, trades, callings and. At present the insurance agents are liable to pay profession tax according to their standing in the profession and the. In reenter email id field you are not allowed to copy paste the email id mobile number is 10 digit number. All these e payments are made on the ecil run automation system. Professional tax slab rates in different states updated.
This tax needs to be paid on earning of salaried people and professionals. Professional tax is a state tax, imposed by a state government on account of the infrastructure it provides to you so that you can carry out your profession in that state. Maharashtra professional tax notification pdf download. Maharashtra professional tax amendment in ptec and ptrc. Download professional tax forms for ap, bihar, chhattisgarh, gujarat, karnataka, mp, maharashtra, orisha, telangana, tamil nadu and wb in excelfillable pdf. The facility of making epayments under all acts except gst administered by maharashtra goods and services tax department mgstd is available on the website. The professional tax, in maharashtra, is regulated by the maharashtra state tax on professions. Maharashtra profession tax one time payment of tax scheme. Updated professional tax rates in maharashtra, latest professional tax rates in maharashtra. Professional tax forms in excel fillable pdf finotax. Professional tax in maharashtra is governed by the maharashtra state tax on professions, trades, callings and employment act, 1975 which came into effect from 1 st april 1975. Professional tax is the tax by the state governments in india.
Professional tax maharashtra professional tax slab in. Maharashtra profession tax act scope every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax prescribed under the said schedule. Professional tax forms for all states are available here. Different states have varying methods of calculating professional tax. If you are applying for first time choose this option. State of maharashtra is liable to pay profession tax. A person includes hindu undivided family, firm, company, corporation or other corporate body, any society, club or association. Under the act profession tax department of goods and services. Profession tax also called tax on employment is imposed by a state under article 276 of the constitution of india.
Above inr1 inr300 for february and inr200 for rest of the months. As per new notification, entities having a professional tax liability of more than rs. Under section 32 of maharashtra profession tax, every person excluding partnership firms and huf engaged actively or otherwise under one or other classes of act is liable to pay tax to the state government. Profession tax is levied at the statelevel but not all states on all workers. The purpose of this definition is to fix the responsibility to deduct the professional tax from the employees salary and pay to the government. Professional tax is the tax charged by the state governments in india. Professional tax maharashtra know more about maharashtra professional tax payment due date, slab rate and how to pay professional tax in maharashtra. The maharashtra state tax on professions, trades, callings and. Employers are required to deduct profession tax, at prescribed rates, from salary wages paid to employees, and to pay the tax to state government on behalf of. Levied under article 276 2 of the indian constitution, professional tax is. Professional tax maharashtra professional tax slab in maharashtra. It is collected by the state government by every individual who earns a living through mediums like trade, employment, or professional. First published, after having received the assent of the governor in the maharashtra government gazette, on the 15th june 2017. The professional tax of the business entity private ltd, public ltd, opo, etc and also of the owner or professional sole proprietor.
Ptec permits to pay the professional tax of the business entity private ltd, public ltd, opc, etc and also of the owner or professional sole proprietor, partner, director, etc. In this post, we will be discussing the professional tax slab rates for different states of india and penalties charged in case of any delay in the payment. Profession tax is the tax levied and collected by the state governments in india. Amendments to maharashtra value added tax act, sugarcane purchase tax act, profession tax act and entry tax rules. In this blog, let us see the due date for payment of professional tax of employee, professional tax payment due date in maharashtra, professional tax due date in tamil nadu, pt payment due date in kolkata and professional tax payment due date in karnataka. The maharashtra state tax on profession, trades, callings and employments act, 1975 act 16 of 1975 keywords. Start by locating the official state website to pay professional tax. This certificate is to be obtain by every person who is liable to pay tax under this act other than salary or wages earners in respect of whom tax is paid by employer.