Professional tax of maharashtra

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August undefined, 2024

WebbThe state of Maharashtra government notified the bill of Maharashtra tax on Professional, Trade, Calling and Employment (Amendment), 2024 on 20th March 2024 to Maharashtra Tax on Profession, Trade, Callings and Employments Act, 1975 (XVI of 1975). Which comes into effect from the date of 1st April 2024. WebbThe application process for the Professional Tax Enrolment Certificate and Professional Tax Registration in Maharashtra, which will be utilised for Maharashtra's online …

Professional Tax in Maharashtra - Accountsmann Academy

Webb31 mars 2024 · Maharashtra government vide L.A. Bill No. XIII of 2024 Dated 20th March 2024 revised profession tax slab for salary and wage earners to give effect to the budget … WebbThe rate of professional tax varies from one state to another. In Andhra Pradesh, the professional tax is levied at the rate of Rs.200 per month or Rs.2400 per annum. The professional tax is to be paid to the Municipal Corporation of the respective city or district in which the individual is employed. gallavich oh you dont want it

Professional Tax Maharashtra PTEC PTRC Registration Tax …

WebbProfessional Tax Calculator and Tax Rates for for States and Union Territories in India Viz AP, Assam, Bihar, Chhattisgarh, ... Profession Tax Rates, Maharashtra. Monthly salaries or wages Tax Rate Upto ₹ 7,500: Nil ₹ 7,501 to 10,000: 175 per month (Nil for women, Exemption upto Rs.10,000) WebbProfessional Tax in Maharashtra; Monthly Salary. Monthly Tax Rate. Less than Rs.7500 Nil Rs.7,501 to Rs.10,000* Rs.175 Rs.10,001 and above Rs.300 for the month of February Rs.200 for the rest of the year *Women ... Webb12 maj 2024 · Professional Tax is a State level Tax in India on Professions, Trades, Callings and Employments. In Maharashtra (Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975), Professional Tax is applicable both on Individuals & Organizations (Company, Firm, Proprietary Concern, Hindu Undivided … gallavich twitter

Professional Tax Amnesty Scheme Professional Tax OTPT

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Webb16 apr. 2024 · Only 1 employee is paid salary of less than 10000 the PTRC liability shall be as follows: = (175*12) = 2,100 Calculation of PTRC for employees with salary more than Rs. 10,000: In the above case 4 employees are getting salary of more than Rs. 10,000 but one of the employee is employed from October 2024 which will be calculated as below: Webb4 rader · 13 mars 2024 · Maharashtra Professional Tax Late Payment Penalty. A penalty of 1.25% tax is payable for ... gallavich sorry am lateWebbWHEREAS, it is expedient further to amend the Maharashtra Tax on Professions, Trades, Callings, and Employments Act, 1975, for the purposes hereinafter appearing; it is hereby enacted in the Seventy-fourth Year of the Republic of India, as follows: ––. (1) This Act may be called the Maharashtra State Tax on Professions, Trades, Callings ... gallavich wallpaper

"Webb18 feb. 2024 · Exempted Individuals In Maharashtra From Professional Tax. The Person exempted from the provisions of the Profession Tax Act in Maharashtra: a) Senior Citizen (Age Above 65 Years) b) Handicapped Person with more than 40 % disability or parent of a physically disabled or mentally retarded child. " - Professional tax of maharashtra

Professional tax of maharashtra

Professional Tax Registration in Maharashtra Documents Process

Webb27 okt. 2024 · For example, the following information outlines the penalty amount imposed by the Maharashtra Government for late filing or failure to pay Professional Tax in Maharashtra. late registration incurs a penalty of Rs 5 per day, late payment incurs interest of 1.25 percent per month. Late/non-payment of Professional Tax incurs a penalty of … Webb31 mars 2024 · Professional tax is a source of revenue for state governments, helping implement schemes for the welfare and development of the region. Professional Tax Payment Due Date of payment in Maharashtra In the case of tax liability of less than ₹50,000 in the previous year, the due date for payment of professional tax (PT) is 31 …

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Webb25 okt. 2024 · Professional Tax was introduced in the year 1949 via powers given to the States by the way of Clause (2) ... Dealers registered under the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005) or Dealers registered … Webb25 maj 2024 · The professional tax is determined by the gross monthly income corresponding to the income slab, as per the state where you are employed. So, if your gross income every month is Rs. 30,000 and you are working in Maharashtra, you are liable to pay Rs. 200 every month except February. You will be required to pay Rs. 300 only in …

http://arpconsulting.in/UploadForms/130300819112201101.pdf Webb26 feb. 2024 · This scheme is called as One Time Payment of Tax Scheme Professional Tax. Under this scheme concession will be given to dealers who will be making payment of old professional tax dues. Notification No. No. PFT.1218/C.R.52 is issued dated 22.02.2024. Under this scheme there are four Rate of taxes. Rs. 2500/- , Rs. 2000 , Rs. …

WebbPT Registration process differs from state to state. The steps for Professional Tax Registration in Maharashtra are: Visit and Register on the website – mahagst.gov.in. Fill … WebbProfessional tax is a deduction that is deducted from your gross salary by your employer along with TDS, EPF and any other deduction. ... Professional Tax in Maharashtra. Salary per month: Tax: Till Rs.7,500 (men) NA: Till Rs.10,000 (women) NA: Rs.7,501 to Rs.10,000: Rs. 175: Rs.10,000+

Webb66 rader · Present Slabs Rates of Profession Tax: 1. Profession Tax Enrollment Certificate – Rs.2500/- every year 2. Profession Tax Registration Certificate – For Male Employees, …

WebbDealers registered under the Maharashtra Value Added Tax Act, 2002, (Mah. IX of 2005) or Dealers registered only under the Central Sales Tax Act, 1956, (74 of 1956) whose annual turnover of sales or purchases of previous year,— (i) is rupees 25 lakh or less : 2,000 per annum (ii) exceeds rupees 25 lakh gallavich x readerWebbGoods and Services Tax Government of Maharashtra Build Nation by Paying Taxes Template of PTRC returns in form III B for return periods upto March 2024 is separate … gallavich storyWebb16 juli 2024 · Payment of professional tax in Maharashtra can be done quickly on the Mahavat website. In fact, e-payment is mandatory for those making the payment monthly. You are required to make payment and file returns monthly if your tax liability is over Rs. 50,000 for the year. gallavich you think this will fitWebb20 juli 2024 · The professional tax appears on the deduction side of a payslip. It is around INR 200. However, it varies from state to state. Also, the upper limit has been set to INR 2,500 per annum per individual. It is the maximum amount of professional tax a State Government can levy. gallavich x child readerWebb20 apr. 2024 · Pravin offers rich exposure of 12 years in the areas of end-to-end Financial Operations, Statutory Audit, Internal Audit, Taxation, Secretarial& Legal functions across industries. He has played a key role in designing and implementing business policies & procedures, planning & budgeting and enhanced the operational efficiency of the … blackburn surveying clermont flWebb8 mars 2024 · REGISTRATION OF PTRC (PROFESSION TAX REGISTRATION CERTIFICATE) AND . PTEC (PROFESSION TAX ENROLLMENT CERTIFICATE) IN MAHARASHTRA. TO WHOM APPLICABLE: PROFESSION TAX ENROLLMENT CERTIFICATE (PTEC): A person (natural / legal) registered under MGST Act is liable to enrol for Profession Tax … blackburn support servicesWebb21 sep. 2024 · Introduced in 1949, professional tax is a direct tax deducted from earning individuals’ salary or wages by the employer. Just like in any other deductions, such as tax deducted at source... blackburn supreme court