Professional tax payment due date in maharashtra 2022-23

In this article we have discussed the synopsis of Professional Tax Enrollment Certificate (PTEC) and Professional Tax Registration Certificate (PTRC) in Maharashtra: PTEC: Q 1. Who is liable for PTEC registration? Ans: As per the amendments in the Profession Tax Act 1975, a person (natural / legal) registered under MGST Act is liable to enrol for Profession Tax Enrollment Certificate (PTEC) and pay Rs.2,500/- per annum except Partnership firms and HUFs (but each partner of a partnership firm and each co-parcener of HUF are liable for enrolment, see Entries 19 & 20 in Schedule 1). Q 2. Time Limit for enrolment of PTEC? Ans: Application for enrolment shall be made within 30 days from date of commencement of profession, trade, calling or employment Q 3. Due Date for PTEC payment? Ans: Every enrolled person shall pay the tax within one month from the date of enrolment in the first year, thereafter by 30 th June of every year. eg. PTEC enrollment done in Nov 2019, then we should pay PTEC on or before 31st Dec 2019 and in future, by 30th June of every year. Q 4. Opt for Lumpsum payment option (OTPT Scheme)? Ans: Enrolled person/s can avail the benefit of Lumpsum payment scheme, as provided u/s. 8(3) of the Profession Tax Act. Accordingly one can discharge his liability for five years by making advance payment, of an amount equal to four times of annual tax liability, on or before 30th June of the year i.e Rs. 10,000/- (Rs.2,500*4 years) instead of Rs.12,500/- (Rs.2500*5 years). ...

Due date chart for Profession Tax in Maharashtra. After Providing “Maharashtra VAT MVAT Due Dates – Returns & Payments” here we provide MVAT Professional Tax Due Dates. Check Tax Due Dates for Professional Tax in Maharashtra. Now scroll down below n check “Professional Tax Due Dates in Maharashtra” Professional Tax Rates in Maharashtra Professional Tax Due Dates in Maharashtra For the business, enrolling before the commencement of the year or enrolled before 31st May of the financial year, the last date of the profession tax payment is 30th June of that year itself.In case of enrolments post 31st May, professional tax needs to be paid within 30 days of the date of enrolment. A) Profession Tax Enrollment Certificate (PTEC) holder Tax is to be paid in challan no MTR-6 E-payment facility is available for PTEC holders. Professional Tax Due Dates All States B) Profession Tax Registration Certificate (PTRC) holder Tax is to be paid in Challan No MTR-6, and online returns should be submitted in Form IIIB. Before submission of the online return, the Employer has to enroll himself for e-services (one-time activity). (For detailed process of enrollment of PTRC e-services and filling of e-return, please see the demo at • An employer registered under this Act shall furnish a monthly return as per the provisions of clause (c) of sub-rule (3) of rule 11 till the end of the year in which he is granted the certificate of registration Date 14/7/211 • Filling of e-return for all PTRC holder...

S No State Periodicity Professional Tax Payment Due Date 1 Andhra Pradesh Monthly 10th Of Every Month 2 Assam Monthly 28th Of Every Month 3 Bihar Yearly 30th November In Every year 4 Gujarath Monthly 15th Of Every Month 5 Jharkhand Yearly 31st October In Every Year 6 Karnataka Monthly 20th Of Every Month 7 Kerala Half Yearly 31st August & 28th February 8 Madhya Pradesh Monthly 10th Of Every Month 9 Maharashtra Monthly Last Date Of Every Month 10 Manipur Yearly 30th March 11 Meghalaya Monthly 28th Of Every Month 12 Odisha Monthly Last Date Of Every Month 13 Mizoram Yearly 30th June 14 Puducherry Half Yearly 30th June & 31st December 15 Sikkim Quarterly 31st Jul, 31st Oct, 31st Jan, 30th Apr 16 Tamil Nadu Half Yearly 30th September & 31st March 17 Telangana Monthly 10th Of Every Month 18 West Bengal Monthly 21st of Every Month Also read:

Hey Friend, Before beginning with what is due date for payment of professional tax in Maharashtra, Karnataka, Chennai, I would like to say that you will see a minor deduction shown along with the HRA, transportation, and basic salary breakdowns if you ever look at your paystubs. This is the professional tax, which typically amounts to around 200 INR. Now pay your utility bills quickly and get assured rewards with NoBroker Utility Bill Payments Services Each state imposes this tax in a manner that is often unique, therefore you might find that there are certain states where no deduction is allowed for it. What is professional tax? On revenue from a profession or employment in India, the respective state governments impose the professional tax. Professional tax must be paid by those in the professions of lawyer, teacher, doctor, chartered accountant, and those who receive income from salaries or other sources. In the case of salaried and wage employees, the employer is required to withhold professional tax from the salary or earnings and deposit the money with the state government. For those in other categories, the employee is responsible for covering this tax. State-by-state variations in tax calculation and amount collected are possible, although the annual cap is INR 2500. What is due date for payment of professional tax in Maharashtra? Every enrolled person is required to pay the tax by the 30th of June each year following the first year, which begins one month after th...

Are you a working professional in Maharashtra? Have you recently joined a company? If yes, then you must know about all the tax deductions, including professional tax. Even if you have started a new business here, you must pay the same. Every business must register themselves whether you have employed people or not. Further, every registered business with an Enrolment Certificate must pay professional tax. So, for earning individuals, payment of professional tax is a must. Read on to know more aboutprofessional tax in Maharashtra! Article 276 of the Indian Constitution levies a professional tax on professions, trades, callings and employment. It means every person involved in any profession, business, trade, calling will be liable to pay professional tax to the respective State Government as per their income threshold. In Maharashtra, the Maharashtra State Tax on Professions, Trades, Calling and Employment Act, 1975 handles the professional tax. As per theMaharashtra Profession Tax Act, all individuals who are involved in work in a Government organisation or private organisation in Maharashtra and earn through any other mode must pay professional tax. Individuals willing to learn about the professional tax rate in Maharashtra can refer to the table mentioned above. As both the definition applicability of professional tax is clear to individuals; we can focus on the next sections to get more information about entities responsible for collecting and individuals accountable f...

Maharashtra Government vide Notification No. No. PFT.1222/CR-3/Taxation-3 dated 25th February 2022 amended the Government Notification, Finance Department, No. PFT.2014/CR-38/Taxation-3, dated the 21st August 2014 and has waived late fees for filing PTRC return for PTRC taxpayers who could not upload PTRC returns due to Covid-19.

Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to notify changes in Profession Tax Rates w.e.f. 01.04.2023. One of the notable change is that bill exempt the profession tax payable by the women who draw the monthly salary or wages upto rupees twenty-five thousand... The Government of Karnataka on February 24, 2023, notified that bill Karnataka Tax on Profession, Trades, Callings and Employments (Amendment) Act, 2023 to further amend the Karnataka Tax on Profession, Trades, Callings, and Employments Act, 1976. As per the notified schedule of the amended professional tax act, the limit to deduct the pr... Last date of filing PT return return in Form III for Year Ending 2021-22 is extended to 31.5.2022 in West Bengal vide order dated 29.04.2022 Government of West Bengal Directorate of Commercial taxes Office Of The Commissioner Of Commercial Taxes And Profession Tax 14, Beliaghata Road, Kolkata-700015 ORDER Memo No: 75/CT/PRO | Dated: 2... Vide notification dated 17.06.2021 Due date for filing Profession Tax Returns on the website of the Maharashtra Goods and Services Tax Department for the Months of March-2021, April-2021 & May-2021 is been extended till 30th June, 2021. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, Dated the 17... Last Date For Profession Tax (PT) Payment For The Year 2021-22 Extended To 30th May 2021 Under Karnataka Tax on Professions, Trade...