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/-

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Documents Required

1. KYC of Applicant

All documents like Pan card, Adhaar card, photo, and bank statement are required from the applicant.





aadhar

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.

Electricity bill
Smiling confident businesswoman posing with arms folded. Happy beautiful black haired young Latin woman in formal suit standing for camera over white studio background. Corporate portrait concept

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.

HOW OVAKIL HELP IN OPC REGISTRATION ?
FAQ

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.

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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.
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