Dear User,
The Professional Tax in Maharashtra is levied according to the following slab rates:
- Monthly gross salary up to Rs. 7,500 for men and Rs. 10,000 for women - No professional tax.
- Monthly gross salary above Rs. 7,500 for men and Rs. 10,000 for women - Professional tax is Rs. 200 per month, except for the month of February where it's Rs. 300.
The documents needed for Professional Tax (PT) registration in Maharashtra are:
1. PAN Card of the company or business.
2. ✉️ Certificate of Incorporation, MOA, and AOA of the company.
3. 🈰 Partnership Deed (if applicable).
4. 🏲 Address proof of the business.
5. 🔴 Bank account statement of the company.
Here are the steps to remit Professional Tax and file returns:
1. 🆇 You can pay the PT online through the Maharashtra government's official website.
2. 🈹 Fill out the necessary forms and pay the tax according to the salary slab.
3. 📇 The due date to pay the PT is the last day of the month in which salary is paid.
4. 🉐 Once you have paid the PT, you will receive a challan as proof. Keep it for your records.
5. 🈩 File the PT returns annually before the 31st of March.
Remember, failure to comply with these tax regulations can result in penalties, so it is crucial to stay informed and up-to-date with your obligations.
I hope this information helps you to understand the PT slab rates in Maharashtra, the registration process, and how to remit and file returns.
If you have any more questions, feel free to ask!