Understanding Maharashtra's New Profession Tax Rules: What Do Companies Need to Know?

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The Government of Maharashtra, via notification no. PFT-1221/C.R.3/Taxation-3, has amended the Maharashtra State Tax on Professions, Trades, Callings, and Employments Rules, 1975. According to the notification, when a company applies for a certificate of registration or enrollment, it is mandatory to provide the PAN or TAN under the Income Tax Act, 1961, for all directors and the authorized signatory of the company. If the PAN number is unavailable, the passport number can be provided. This requirement is permanent for new companies applying for PTRC & PTEC Numbers. Additionally, the provision for exhibiting certificates under rule 8 has been eliminated.
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