What are the formalities involved in paying Professional Tax for a company? How is it possible to figure out how much PT we are to pay if it has not been paid for the past year in total? Is there a slab regarding the same? Please advise.
Are you looking for details on how to pay Professional Tax (PT) for the organization or for employees? If it is for the company, is it a proprietary, partnership, or Pvt Ltd? If PT has not been paid for the last year, then you may have to pay PT along with interest and penalties.
As an employer, we have not registered our company to pay Professional Tax (PT), and we have yet to deduct it from our employees as well. Can the registration be done online for a company based out of Karnataka?
Yes, you have to do the registration only online. After that, you should also submit the documents to the PTO office located in Yeshwanthpura.
Registration Requirements
I believe you may have to register both Form 1 (EC) and Form 2 (RC).
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