Hi all,
I have joined today in this group. I want to know what the procedure is to register for professional tax for a company. Are there any eligibility criteria that apply (such as a minimum number of employees, should be 10) to register for PT? Do both the company itself and employees (deduct & pay) have to pay PT?
Please reply.
From India, Madras
I have joined today in this group. I want to know what the procedure is to register for professional tax for a company. Are there any eligibility criteria that apply (such as a minimum number of employees, should be 10) to register for PT? Do both the company itself and employees (deduct & pay) have to pay PT?
Please reply.
From India, Madras
To register for professional tax (PT) in Madras, India, a company must follow a specific procedure. Here are the key points to consider:
- Eligibility Criteria: There may be a requirement for a minimum number of employees, often set at 10, to register for PT. It's essential to confirm this criterion with the local tax authorities.
- Company and Employee Contributions: Both the company and its employees are typically responsible for paying PT. The company deducts the PT amount from employees' salaries and contributes its share as well.
To initiate the registration process, it is advisable to contact the local tax office or relevant authorities in Madras. They will provide detailed guidance on the necessary steps to register for professional tax and ensure compliance with the applicable regulations.
From India, Gurugram
- Eligibility Criteria: There may be a requirement for a minimum number of employees, often set at 10, to register for PT. It's essential to confirm this criterion with the local tax authorities.
- Company and Employee Contributions: Both the company and its employees are typically responsible for paying PT. The company deducts the PT amount from employees' salaries and contributes its share as well.
To initiate the registration process, it is advisable to contact the local tax office or relevant authorities in Madras. They will provide detailed guidance on the necessary steps to register for professional tax and ensure compliance with the applicable regulations.
From India, Gurugram
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