Professional Tax Registration
Professional Tax is levied by the respective State Government Tax. The maximum Professional Tax which may be levied as of Rs 2,500/-. Professional tax is a tax levied by the various State Governments of India on salaried individuals, working in government or non-government entities, or in practice of any profession, including Chartered Accountants, Doctors, Lawyers etc or carry out some form of business. This form of tax is in practice for a long time and States were conferred the power of leveling the Tax under Clause (2) of Article 276. The rate at which Professional tax is charged is based on the Income Slabs set by the respective State Governments. However the maximum Professional Tax that can be levied by any State till date is Rs 2500/-
Consult Now
Documents Required
1. KYC of Applicant
All documents like Pan card, Adhaar card, photo, and bank statement are required from the applicant.
2.MOA and AOA
In case of company MOA and AOA is required for application.
3. Business address proof
Any utility bill like electricity bill or water tax bill is required, in case property is rented in than rent agreement with owner is required.
Reasons for Professional Tax Registration
1. State Requirements
In India few states requires every employer to take registration in this tax and deduct tax and deposit to department on behalf on the employees.
2.Avoid Legal Action
There is penalty provision if any employee fail to obtain this registration. So it is compulsory to have registration if we are working in the specific states of India.
3. Easy to Register
Compliance of Professional tax is easy to follow, in general all work can be done online. Payment of tax and return filings are online procedure.
4. Low Employee turnover
Employees prefer to job in the company which are register in the professional tax registration, this is only because of job security.
5. Tax deduction
A deduction from salary can be claimed by the taxpayer on account of professional tax paid. The deduction for professional tax will be allowed in the year in which the tax is actually paid by the employee.
REGISTRATION PROCESS
Step-1
Single Owner
Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.
Step-2
Easy to Start
For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.
Step-3
Less documents required
Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.
Step-4
Taxation benefits
For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.
How Ovakil help with Proprietorship Registration?
Ovakil helps you for registering Proprietorship business, it usually take 2-3 days for all process.
1. Shop Establishment Registration
For proprietorship registration there are many type of registrations. Shop establishment one of them, the process of this registration is different in every state of India
2. GST Registration
This registration will take 2-3 days and GST registration is sufficient to open current account for business.
3. Udhyog Adhaar Registration
Udyog Aadhaar is a registration for all micro, small and medium sized businesses. This registration along with a GST registration can be used for opening of bank account.
FAQs
It’s a totally based on online process all you need to submit the document to us, and there is no need of physical appearance, just forward your documents on our Mail ID
Delay in obtaining Registration Certificate, a penalty of Rs. 5/- per day. In case of non/late payment of profession tax, penalty will be 10% of the amount of tax. In case of late filing of returns, a penalty of Rs. 1000 per return will be imposed if you filed after due date in 1 month. After 1 month, penalty should be Rs. 2000 will be imposed (from 01/04/2015) (Maharashtra: Profession Tax Act 1975).
Responsibility of filling return is in the hand of employer, He has to furnish a return to the tax department in the prescribed form within the specified time.
The owner of a business is responsible to deduct professional tax from the salaries of his employees and pay the amount so collected to the appropriate government department.
Latest from the blog
Proprietorship
Check In Which Class Your Trademark Is To Be Registered
Trademark registration that works to protects your business reputation and goodwill around the world. With the trademark; one can easily make his or her business
May 30, 2022
No Comments
Proprietorship
Some Reasons For Trademark Objections
Once a Trademark application is filed, a trademark examiner scrutinizes the application. This is done to make sure the application isn’t at odds with any trademark
May 30, 2022
No Comments
Proprietorship
Rules for Authorized Share Capital for Company Registration
Authorized Share Capital more commonly known as authorized capital is basically the maximum amount of share capital that a company can issue to shareholders. This amount
May 30, 2022
No Comments
Proprietorship
Transaction In Cash Above Rs 3 Lakhs Is Prohibited In India
From this budget a new Section 269ST is proposed to prohibit the receipts of cash in excess of Rs 3,00,000 from a person in a
May 30, 2022
No Comments
Proprietorship
Pre-Assessment Notice To Wrong Address of Assessee Will Not Render A Valid Notice
In CIT v. Abacus Distribution Systems (India) Pvt. Ltd, the Bombay High Court held that the issue of a notice under section 143(2) of the Income
May 30, 2022
No Comments
Nidhi Company
Nidhi Company Registration process and list of documents required
Nidhi Company registration process isn’t extremely tough and not take much time to entire procedure. To continue with the idea of company, we like to give
May 30, 2022
No Comments
PACKAGES
sILVER
all inclusive fees
₹
9999
Monthly
-
Professional tax registration for employers having less than 20 employees.
GOLD
all inclusive fees
₹
12499
Monthly
-
Professional tax registration for employers having less than 50 employees.
PLATINUM
all inclusive fees
₹
16999
Monthly
-
Professional tax registration for employers having less than 100 employees.
All over india services provider
Why to choose ovakil?
Faster services
We provide faster services, we had a team of professional who provide services to you 7 days a week.
free cousultancy
Our Team is just one call away to provide solutions to your all tax querries at free of cost.
team of CA, CS & LLB
We had a huge team of experienced Professionals CA,CS, LLB and Tech experts.
Lowest price
We provide our services to our costumers at lowest price in INDIA
We are Very Glad to Know Our Client Reviews
OVAKIL is a very good platform for business startups & the provide us 24/7 support
NAVEENYoung Entrepreneur 
I am very Satisfied with the services of OVAKIL they provide full support for new business.
VINEET SHUKLAInformation Technology Expert 
OVAKIL is the best place to find all business solutions. I am running a IT company and OVAKIL provide is their services since last 10 years
RITIK SARASWATEntrepreneur 
Previous
Next
