Industrial Relations And Labour Laws
Sap Hr Consultant
Admin Kind Of....
Once this is done, the secretary of the municipality shall issue notice to the concerned establishment in every May and November of the year to furnish details of salary paid to the individual employees during the respective half year (section 254(1). Accordingly the employer shall furnish the information and remit the profession tax not latter than August and February of the year (Section 254(2)). However, under Chapter 22 of the Kerala Municipalities Act, registration is mandatory for running a tutorial college/ institution.
27th August 2008 From India, Kannur
28th August 2008 From India, Delhi
I have seen your explanation about PTAX, its nice and clear.
I am taking care of chennai PTax and related procedures.
Now I need to take care of cochin branch also.
Can you please clarify below mentioned queries :
1.When is the last date of PTAX payment?
2.Payment should be paid by DD/Cheque & should be in favor of....?
29th September 2008 From India, Madras
we have paid last PTAX on 28'Mar'08.
If we pay this six (Apr - Sep) months by first/second of week of october, do I need to pay any penalty? please clarify.
can you please tell me any tax consultant contact numbers in cochin??
I can contact them and send my branch employee details so that they can derrive the figure and pay the amount.
30th September 2008 From India, Madras
Usually after due date of payment, all payments shall be accepted only with penal charges.
3rd October 2008 From India, Kannur
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.
21st April 2009 From India, Madras
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
18th May 2009 From India, Bangalore
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.
28th July 2009 From India, Kannur
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......
15th October 2009 From India, Kochi
16th October 2009 From India, Kannur
30th January 2010 From India, Kannur
Thank you very much. Its very useful.
But when I approached the Revenue Inspector at Corporation of Cochin, Zonal office, they are saying Now we have to first submit an application for revenue assessment of our branch, then after assessing the office and other details by Revenu Inspector, they will inform us the amount we have to pay against and also what all the documents to be submitted along with the amount. But he was asking me first that "have u got license from health department" ?.
So now I again got confused what all are the procedures to get the same done (I mean Proffessional tax payment).
Can you please clarify.
I knw the procedures to get the License under Shop and Establishment Act. But don't know about the license from health department.
If you can give me a clear idea about this I will be very thankful to you and to this group.
1st February 2010 From India, Kochi
3rd February 2010 From India, Kannur
9th February 2010 From India, Kannur
5th July 2010 From India, Kannur
23rd September 2010 From India, Thiruvananthapuram
30th September 2010 From India, Thiruvananthapuram
19th December 2012 From India, Kannur
If your company is situated in the corporation or municipal area then it is Rs.2500/- fixed per six months. ie is you have to pay the PT before march 31st and september 31st.
If you really what to outsource your compliance service, then we are ready to help you. We are the leading labour law compliance consultancy in kerala having PAN india presence.
20th December 2012 From India, Kochi
#AnonymousPT has to be paid for the company as well as the employee of the company. For company it is 2500 per six months fixed and for the employees it is according to the slab.
20th December 2012 From India, Kochi
15th July 2015 From India, Kannur
I read the above thread regarding professional tax and had some queries. I am working as a resident doctor( trainee) in a private hospital in Kochi and getting stipend. My employer recently deducted RS. 1250/- from my stipend as professional tax. When I asked for a receipt,they plainly refused to give one. Should this tax be cut from my stipend and I am not even eligible for a receipt?
Is this tax to be taken from me as well as I am getting only stipend. Before this, I was working as a postgraduate in trivandrum medical college and never even once my tax was deducted. Moreover stipend is not taxable so should they deduct this professional tax from my stipend?
Your clarification would be of great help.
20th October 2015 From India, Chennai
21st October 2015 From India, Kannur
I have one doubt. If employee works for say 4 months in kerala than PT is to be deducted for 4month or 6 month.
Say Mr.X earning Salary of 125000 for for months than PT will be Rs. 832/- ( i.e. for 4 months ) or Rs. 1,250 /- ( i.e. for 6 months )
Can you please clarify above mentioned queries.
17th February 2016 From United Arab Emirates, Dubai
There is no profession tax of Rs 832
18th February 2016 From India, Kannur