Professional tax is the tax levied by the state governments on the income earned by way of trade, profession, calling or employment.
In Maharashtra, different slabs are mentioned for different class of individuals. Professional tax is required to be paid at fixed rate irrespective of the turnover or the income of individual. For majority of classes the rate of Professional tax is now Rs. 2,500 every year.
In case of salary and wage earners, such Professional tax is paid by the employer after obtaining PTRC registration. Slab of Professional tax on salary and wages.
|Monthly Salary||Amount of Professional tax payable|
|Less than Rs. 7,500 p.m.||Nil|
|Rs. 7,501 to Rs. 10,000||Rs. 175 p.m.|
|Rs. 10,000 and above||Rs. 200 p.m. (Rs. 300 for Feb)|
Our Expert will help you collect all the requisite information & documents
Our Expert will prepare requisite form and get your signature.
The application form with documents will be submitted to VAT Department.
Concerned Authorities will verify the documents and issue the Registration Certificate for you Business.
Every person with PTEC no. should pay professional tax once every year as per its class.
Every PTRC registered employer need to pay professional tax and submit returns with VAT department in the frequency as per provisions of PT Act.
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