Do Directors Need to Pay Professional Tax Without a Salary? Seeking Guidance for New Consultancy

HR AUR
I have recently started a recruitment consultancy consisting of two directors. We do not have any employees.

We have directors' PIN numbers. Do we need to pay directors' professional tax? We are not salaried as it's a completely new consultancy. If we have to, may I know the procedure on how to pay directors' tax when they are not drawing a salary from the company? Also, let me know which circle it comes under. My consultancy is located in Sanathanagar.

Thanks,
praketconsultancy@hotmail.com
uma maley
You have to pay the Professional Tax for both the Directors and the Company. Please find the details below:

1. For Directors - ₹2,500 per Director every year in the month of June. (If it is a partner - ₹1,250 each)
2. For Company - ₹2,500 once a year in the month of June.
3. Please check the circle where it comes under in the registration certificate of Professional Tax. For example, if it comes under Sanathnagar Circle, it should be mentioned as "DCTO Sanathnagar Circle" on the cheque.

Hope this information helps you.

Thank you.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute