Greetings to all Can anybody clarify, whether the professional tax of Rs 2,500- per annum to be paid location wise separately or company wise. Regards Veda
From India, Bangalore
1From India, Bangalore
Professional tax is vary state to state In Maharashtra as follows up to 5000 nil 5000 to 10000 175/- P.M. 10001 and above 200/- P.M. and in the month of Feb 300/- instaed of 200/-
From India, Pune
From India, Pune
Dear Datta, Please do ask specific questions on the subject. If you want details on ESI, please do google on the internet. You will be flooded with the information. :-)
From India, Mumbai
From India, Mumbai
Dear Veda,
As rightly pointed out by Somani profession tax slabs vary from location to location. Hence, you need to pay profession tax based on the location where the person is working. The finer element of the matter is the local body gets the money as it provides the infrastructure to facilitate functioning of the office in the respective location.
M.V.KANNAN
From India, Madras
As rightly pointed out by Somani profession tax slabs vary from location to location. Hence, you need to pay profession tax based on the location where the person is working. The finer element of the matter is the local body gets the money as it provides the infrastructure to facilitate functioning of the office in the respective location.
M.V.KANNAN
From India, Madras
Dear All, Little confusion in my question, I am asking about Professional Tax paid to Local VAT Office, once in a year by the Company Not monthly PT by employees.
From India, Bangalore
From India, Bangalore
Hi Veda,
I think there is no confusion in your querry but in the answers.
In Karnataka the professional tax of Rs 2,500/- per annum to be paid for each location situated within Karnataka. In other words, if a PVt Ltd. or Ltd. company has no branch offices with in Karnataka, such company has to pay Rs.2500/- per year being employer registration fee and if any Pvt.Ltd./Ltd. company is having different brach offices within the state of Karnataka, in such cases, the company will pay Rs.2500/- being employer registration fee for each location.
From the answers it seems most of the repondents are confusing employee contribution of PT and Employers' regn fee.
You could have mentioned the location of your office avoid the above confusions.
rgds
nair
From India, Bangalore
I think there is no confusion in your querry but in the answers.
In Karnataka the professional tax of Rs 2,500/- per annum to be paid for each location situated within Karnataka. In other words, if a PVt Ltd. or Ltd. company has no branch offices with in Karnataka, such company has to pay Rs.2500/- per year being employer registration fee and if any Pvt.Ltd./Ltd. company is having different brach offices within the state of Karnataka, in such cases, the company will pay Rs.2500/- being employer registration fee for each location.
From the answers it seems most of the repondents are confusing employee contribution of PT and Employers' regn fee.
You could have mentioned the location of your office avoid the above confusions.
rgds
nair
From India, Bangalore
Hi Veda,
Company professional Tax has to be paid separately state wise, in Maharashtra you need to pay only for your main branch where u got PT enrollment done, no need to pay location wise.
In other state such as Gujrat PT is collected by local corporation of the city, in this case u need to pay location wise company profession tax, rate of Company PT is differ from state to state, in Gujrat u need to pay 2000 p.a.
In other state such as TM you need to pay Half yearly Company PT. For further detail contact
From India, Mumbai
Company professional Tax has to be paid separately state wise, in Maharashtra you need to pay only for your main branch where u got PT enrollment done, no need to pay location wise.
In other state such as Gujrat PT is collected by local corporation of the city, in this case u need to pay location wise company profession tax, rate of Company PT is differ from state to state, in Gujrat u need to pay 2000 p.a.
In other state such as TM you need to pay Half yearly Company PT. For further detail contact
From India, Mumbai
Would like to know how I can pay company Professional tax paid in april once a year (Rs. 2500) for a pvt ltd company. I am not referring to the PT by employees the company pays every month. Can it be paid online?
e-PRERANA has the option of making payments quarterly or monthly and the option to submit annual returns. I dont see the option of yearly payment. Please help
From India, Bangalore
e-PRERANA has the option of making payments quarterly or monthly and the option to submit annual returns. I dont see the option of yearly payment. Please help
From India, Bangalore
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Professional tax hyderabad.doc
Professional Tax.zip
Professional Tax 01-Apr-2009.pdf