Greetings to all Can anybody clarify, whether the professional tax of Rs 2,500- per annum to be paid location wise separately or company wise. Regards Veda
From India, Bangalore
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1From India, Bangalore
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Professional tax is vary state to state In Maharashtra as follows up to 5000 nil 5000 to 10000 175/- P.M. 10001 and above 200/- P.M. and in the month of Feb 300/- instaed of 200/-
From India, Pune
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From India, Pune
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As rightly pointed out by Somani, professional tax slabs vary from location to location. Hence, you need to pay professional tax based on the location where the person is working. The finer element of the matter is that the local body receives the money as it provides the infrastructure to facilitate the functioning of the office in the respective location.
Regards,
M.V. Kannan
From India, Madras
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Regards,
M.V. Kannan
From India, Madras
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Dear All, Little confusion in my question, I am asking about Professional Tax paid to Local VAT Office, once in a year by the Company Not monthly PT by employees.
From India, Bangalore
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From India, Bangalore
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I think there is no confusion in your query, but in the answers. In Karnataka, the professional tax of ₹2,500 per annum is to be paid for each location situated within Karnataka. In other words, if a Pvt. Ltd. or Ltd. company has no branch offices within Karnataka, such a company has to pay ₹2,500 per year as an employer registration fee. If any Pvt. Ltd./Ltd. company has different branch offices within the state of Karnataka, in such cases, the company will pay ₹2,500 as an employer registration fee for each location.
From the answers, it seems most of the respondents are confusing employee contribution of PT and Employers' registration fee. You could have mentioned the location of your office to avoid the above confusions.
Regards,
Nair
From India, Bangalore
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From the answers, it seems most of the respondents are confusing employee contribution of PT and Employers' registration fee. You could have mentioned the location of your office to avoid the above confusions.
Regards,
Nair
From India, Bangalore
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[QUOTE=VEDA UDUPA;1389551] Dear All, Little confusion in my question, I am asking about Professional Tax paid to the Local VAT Office, once a year by the Company. Not monthly PT by employees.
Clarification on Company Professional Tax
Company professional tax has to be paid separately state-wise. In Maharashtra, you need to pay only for your main branch where you got PT enrollment done; no need to pay location-wise. In other states such as Gujarat, PT is collected by the local corporation of the city. In this case, you need to pay location-wise company professional tax. The rate of Company PT differs from state to state; in Gujarat, you need to pay 2000 p.a. In other states such as Tamil Nadu, you need to pay half-yearly Company PT. For further details, contact [Email Removed For Privacy Reasons].
Regards
From India, Mumbai
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Clarification on Company Professional Tax
Company professional tax has to be paid separately state-wise. In Maharashtra, you need to pay only for your main branch where you got PT enrollment done; no need to pay location-wise. In other states such as Gujarat, PT is collected by the local corporation of the city. In this case, you need to pay location-wise company professional tax. The rate of Company PT differs from state to state; in Gujarat, you need to pay 2000 p.a. In other states such as Tamil Nadu, you need to pay half-yearly Company PT. For further details, contact [Email Removed For Privacy Reasons].
Regards
From India, Mumbai
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Would like to know how I can pay the company Professional Tax paid in April once a year (Rs. 2500) for a Pvt Ltd company. I am not referring to the PT paid by employees that the company pays every month. Can it be paid online?
Online Payment Options for Professional Tax
[e-PRERANA](http://pt.kar.nic.in/) has the option of making payments quarterly or monthly and the option to submit annual returns. I don't see the option for yearly payment. Please help.
From India, Bangalore
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Online Payment Options for Professional Tax
[e-PRERANA](http://pt.kar.nic.in/) has the option of making payments quarterly or monthly and the option to submit annual returns. I don't see the option for yearly payment. Please help.
From India, Bangalore
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