Professional tax maharashtra professional tax slab in maharashtra. Professional tax act department of goods and services tax. Trades, callings and employments act, 1975 maharashtra xvi of 1975, the. Under the act the maharashtra state tax on professions, trades. Rate schedules under the professions tax act, 1975.
What is professional tax and professional tax slab rate in. Notice for payment of tax due according to a return under section 6 179 kb form 19. Profession tax means the tax on professions, trades, callings and employments levied under this act. The maharashtra state tax on profession, trades, callings and employments act, 1975 act 16 of 1975 keywords. Maharashtra profession tax act scope every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax prescribed under the said schedule. Tax act, 1959, the maharashtra sales tax on the transfer of property in goods involved in the execution of works contracts reenacted act, 1989, the maharashtra state tax on professions, trades, callings and employments act, 1975 and the maharashtra tax on luxuries in hotels and lodging houses act. Maharashtra state tax on professions, trades, callings and employments act, 1975. The rates of taxes are also given in same schedule. As per new notification, entities having a professional tax liability of more than rs. Maharashtra profession tax one time payment of tax. Maharashtra state tax on professions, trades, callings and. Goods and services tax as per the provisions of section 5 read with section 4 of the maharashtra state tax on profession, trade, callings and employments act, 1975 profession tax act, every employer having employees on his establishment, whose salary including all allowances is more than the limit prescribed under the profession tax act. This act is also called as the maharashtra state tax on professions, trade, callings and employments act, 1975.
The maharashtra state tax on professions, trades, callings and. Maharashtra professional tax amendment in ptec and ptrc. Normally the tax is required to be paid by 30th june of. Therefore, you are kindly requested to enroll yourself under profession tax act and also obtain pt registration certificate, if applicable. Please let me know the new increase limit of esic wage on wihch we should deduct employees cont. In section 3 of the maharashtra state tax on professions, trades, callings and employments act, 1975 hereinafter, in this chapter, referred to as the profession tax act, in sub. The maharashtra state tax on profession, trade, callings and employment act, 1975 provides for levy and collection of profession tax. Professional tax in maharashtra is governed by the maharashtra state tax on professions, trades, callings and employment act, 1975 which came into effect from 1 st april 1975. Accurate professional tax slabs, benefits for maharashtra. In order to give effect to the announcements made in house, certain amendments have been made to the maharashtra state tax on profession, trade, callings and employments act, 1975 referred to as the pt act. Query on maharashtra professional tax act, 1975 vat. Form iva, notice under section 7 for audit under pt act 1975, pdf icon. The maharashtra state tax on professions traders callings.
Under the act the maharashtra state tax on professions. You are further requested to make necessary payment of appropriate profession tax. Different states have varying methods of calculating professional tax. Professional tax rates in maharashtra t he state of maharashtra has passed an act known as the maharashtra state tax on professions, trades, callings and employments act, 1975. Keywords commissioner, corporation area, employer, month, person, profession tax. It extends to the whole of the state of maharashtra. Commissioner, corporation area, employer, month, person, profession tax, salary or wage, tribunal amendments appended. Maharashtra professional tax slab rate, latest news. Every person excluding firms whether registered under the indian partnership act, 1932, or not and hindu undivided family, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax. Profession tax faqs registration 1 who is liable to pay profession tax in the state of maharashtra.
The person liable to profession tax has to obtain enrolment certificate within 30 days from date of liability. Maharashtra government has amended section 5,8 and 9 of maharashtra state tax on professions, trades, callings and employments act, 1975. Profession tax in maharashtra in maharashtra maharashtra state tax on professions, trades, callings and employments act, 1975. Maharashtra profession tax act, 1975 arp consulting. As per maharashtra official gazette dated 31st march 2018, the government of maharashtra has released the maharashtra tax laws levy and amendment act, 2018 under which the provisions of the maharashtra state tax on professions, trades, callings and employments act, 1975. The maharashtra state tax on professions, trades, callings and employments act, 1975 and rule 11,11a, 11b, 11c 0028, other. Professional tax maharashtra professional tax slab in. Analysis of changes in profession tax rules in maharashtra.
In my case our company director has resigned on 21. Failure to comply with the provisions of the act may result in penal proceedings. Maharashtra profession tax one time payment of tax scheme 2019 under maharashtra state tax on professions, trades, callings and employments act, 1975 finance d. Maharashtra profession tax act, 1975 salary and wage earners, such person whose monthly salaries or wages are. The purpose is to collect revenue for the purpose of implementing employment guarantee scheme. Get enrollment certificate for profession tax maharashtra. Professional tax is the tax charged by the state governments private equity outlook 2011 pdf in india. Any person who is engaged in any profession, trade, callings and employment in the state of maharashtra is liable to pay profession tax. Professional tax in maharashtra state doc download archive. If there is no previous year of such dealer, the rate of profession tax shall be rs 2,000. The maharashtra state tax on professions, trades, callings.
Maharashtra profession tax act scope every person, engaged actively or otherwise in any profession, trade, calling or employment and falling under one or other classes mentioned in schedule i of the maharashtra state tax on professions, trades, callings and employments act, 1975, is liable to pay, to the state government, tax. The maharashtra state tax on professions traders callings and. The maharashtra state tax on profession, trades, callings. The professional tax slab rates on salary and wages in maharashtra. Appeal for enrolment registration under profession tax. Maharashtra state tax on professions, trades, callings. Gazette of maharashtra gazette notification gazetteer. Act no xvii of 2006, amendment to profession tax act, 1975, pdf icon 5. As per the maharashtra state tax on professions, trades, callings and employment act, 1975, individuals both selfemployed and salaried as well as corporate entities are liable to pay profession tax on their income. Maharashtra state tax on professions, trades, callings and employments amendment and validation ordinance, 1991 maharashtra ordinance no.
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