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PTAX Should be paid ever half year i.e Oct - Mar should pay by before 30-Apr & Apr - Sep should pay before before 31-oct
There aere 8 slabs for PTAX payment based on the employee salary.
For registration you need to fill the form section 245 & 254 of K.M ACT 1994.
I visited cochin corporation office for my branch PTAX registration and collected those information and completed the formalities.
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Dear Mr. Madhu
I have read your guidelines on Professional Tax of Kerala. They are very useful. Thanks.
We are into Solar Energy products established our business across Kerala. We have our branches in Cochin, Kottayam, Trissure, Kodungallore, Muvathupuzha, Chalakudy etc. Need to know Where PT should be paid. Whether it can be paid in one central location for all branches at Kerala or It should be paid branchwise?.
I also noticed that you have mentioned that PT is always paid in advance. In new establishments like us(started 6 months back) how can we pay it in advance?
I also seek your guidelines in registering our branches at Kerala under Shops and Establishments Act.
I heard that paying staff welfare fund is must to register branches? if so please let me know more about it(how much to be deducted? whom and where to be paid and when)
I Know i have asked you more information but will be greatful you kindly answer my quiries.
Thanks in advance
HR Generalist
Dear Nagaraj,
Profession Tax cannot be paid centrally. Since it is a subject of local administration, the PT in respect of branches and employees of the branches should be remitted in the area where the branches are located.
For advance payment means payment for the next half year of operation calculated on the basis of salary of the employees projected to the next half year and in the similar way, revenue projected to the next half year.
For registration under the Kerala Shops and Commercial Establishments Act, you may contact the Asst. Labour Officer of the area and submit form B1 along with prescribed fees.
If covered by Kerala Shops and Commercial Establishments Act, a new Labour Welfare Fund meant for employees of Shops and Establishments is in force and the amount is Rs 20 of employees share with an equal share of employer.
There is no separate registration for profession tax. But for each unit, a separate ledger is maintained by the Local authorities showing the details of tax due and tax paid. Regards, Madhu.T.K
If an employee is posted as a resident engineer in cochin, and the Co. is delhi based then, do we need to get him registered under professional tax act of Kerela?
If he is holding an office in Kerala then he has to pay profession tax in Kerala only even though his salary is paid from Delhi. Regards, Madhu.T.K
Hi, Is there is any criteria to levy penalty for delayed PT payments. Please guide me, as I haven’t paid PT from April"08.
hai all,
We all know that professional tax is levied by virtue of sec 254 (2) of the Kerala Municipality Act, 1994. Slab rates are also available, but can anybody help me out as to how the gross earnings for the purpose of professional tax calculation is arrived at?
Would HRA be a part of the gross earnings for the purpose of prof tax. Appreciate if you could guide me on the relative clause of the Act please......
Rajesh. TV
For the purpose of calculation of Profession Tax, income received should include all earnings of an employee by way of basic salary, dearness allowance, House rent Allowance, conveyance allowance and even the Overtime payments received during the half year. Certainly, if bonus is received, the amount of bonus received will also qualify for payment of profession tax.
Dear Madhu there is an amendment to the KMC act for sec 254 for Aug and Feb it is now Sep and Mar. attaching the file also.
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