Professional Tax (PT) Registration in Bangalore
Welcome to TaxadvisorIndia a Professional Tax Registration Service in Bangalore. We are committed to providing Professional Tax Registration Service in shortest possible time through our dedicated office for Professional Tax Registration service in Bangalore.
Professional Tax(PT)is a tax which is levied by the state on the income earned by professionals, including chartered accountants, lawyers, and doctors. This tax is imposed based on slab rates depending on the income of the individual. This slab rate is decided by the state government; hence, it varies from state to state. Any amount paid as Professional Tax to the state government is permitted as a deduction under Section 16 of the Income Tax Act.
The following states impose this tax: Karnataka, West Bengal, Andhra Pradesh, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Orissa, Tripura and Madhya Pradesh. Registration is mandatory within 30 days of employing staff in a business or, in the case of professionals, 30 days from the start of the practice. This tax needs to be deducted from the salary or wages paid; the amount varies by state and amount.
Professional Tax(PT) Applicability
| States imposing Professional Tax | States not imposing Professional Tax |
| Andra Pradesh | Arunachal Pradesh |
| Assam | Delhi |
| Bihar | Goa |
| Chattisgarh | Haryana |
| Gujarat | Himachal Pradesh |
| Karnataka | Jammu & Kashmir |
| Kerala | Jharkhand |
| Madya Pradesh | Nagaland |
| Maharashtra | Punjab |
| Manipur | Rajasthan |
| Meghalaya | Sikkim |
| Mizoram | Uttar Pradesh |
| Orissa | Uttaranchal |
| Puducherry | Andaman & Nicobar |
| Tamil Nadu | Chandigarh |
| Tripura | Daman & Diu |
| West Bengal | Dadar & Nagar Haveli |
| Lakshadeep |
Professional Tax Registration Process
TaxAdvisorIndia can apply help you obtain professional tax registration in 5 – 10 working days.
- Application Preparation
- Application Filing
- Registration
Things You Need To Know
Professional Tax In Every State
If you have employees in more than one state, you would need to get a PT Registration in each state. Even the rate at which it must be paid will vary. This makes it cumbersome for many small businesses to comply with. For example in the state of west Bengal, owner of a factory has to pay professional tax only if the preceding year turnover is greater than 5 lac rupees and in the case of companies, there is a mandatory payment of rupees 2,500 /- each year as professional tax irrespective of turnover. For tax slabs and rates on an employee or otherwise click here.
Professional tax Filing Returns
The frequency of return filing depends on the state you’re in. For example, In Karnataka, the slab rates are much simpler here, as there is only one rate. If you earn over Rs. 15,000 a month, you must pay Rs. 200 a month as profession tax. If you do not earn Rs. 15,000 a month, you don’t pay it at all. However, in West Bengal, returns need only be filed once every year. This is the approach, in fact, many states are moving toward now.
Profession Tax(PT) in Karnataka
Profession tax is governed by the Karnataka Tax on Professions, Trade, Callings and Employment Act, 1976. The slab rates are much simpler here, as there is only one rate. If you earn over Rs. 15,000 a month, you must pay Rs. 200 a month as profession tax. If you do not earn Rs. 15,000 a month, you don’t pay it at all.
Other services offered: VAT/TIN registration, TAN registration, Service Tax registration, Digital Signature (DSC) registration, FSSAI, Excise, Trademark registration, etc.