We offer Professional Tax Registration in Motihari. Professional Tax is pen name States allowance tax. Professional tax is levied by confess governments of India on salary of individuals, income of professional engaged in practice etc. We will have enough money you everything information nearly Professional Tax registration in this article in brief.

Professional Tax Registration In Motihari

Professional Tax registration means, registration in acknowledge level tax. Professional tax levied to salary of individuals and professionals in imitation of advocates, chartered accountants, company secretary, cost accountants, doctors etc. Professional tax registration is mandatory within 30 days of from start of event or in court case business 30 days of employing staff in business. Professional tax is imposed at welcome level; it is source of revenue of State governments. In India all state have its own rate of professional tax i.e. it is every other states have different Professional Tax rates. Owner of concern is responsible for Professional Tax registration. Owner is also answerable for taking away of Professional tax from salary of its employees and paid to governments. Professional Tax is deducted from salary of employees every month. Professional Tax rates are based on the income slabs set by confess governments. If issue entities is time-honored in over one let in than they craving to get a professional tax registration in each states. The Professional Tax may be paid to the government on monthly basis or quarterly basis or annually it is depends on respective state executive laws.

Advantage of Professional Tax Registration:

1. For fulfill the statutory requirement of State doling out tax law.
2. Avoid penalty to buy failure of Professional Tax registration.
3. For easy compliance once professional tax regulations.
4. For taking away of tax from salary of employees or pension of professionals.
5. For payment of state dispensation tax.

Documents Required for Professional Tax Registration:

1. Copy of pan card of whatever Directors / partners of the event entity.
2. Copy of pan card of matter entity.
3. Copy of MOA & AOA of situation entity.
4. In charge of professionals whatever KYC documents.
5. Rent agreement/ Electricity Bill of Business premises.
6. Bank statements of business.
7. List of employees.

Procedure of Professional Tax Registration:

1. Documents preparation.
2. Online filing application filing similar to documents.
3. Documents proclaim to department.
4. Payment of fee.
5. Certificate issued by department.

Professional Tax registration is mandatory for anything private companies where salary of employees is exceeds the limit prescribed by relevant come clean laws. Professional tax is source of allowance for state governments.

For financial year 2018-19 in imitation of are the slab for professional tax:

1. If salary is stirring to Rs. 300,000/-   then no professional tax would be payable
2. If salary is in amongst Rs. 300,001- Rs. 500,000/-   then Rs. 1000/- professional tax would be payable
3. If salary is in amongst Rs. 500,001- Rs.10 lakhs   then Rs.2000/- professional tax would be payable
4. If salary is Above Rs. 10lakhs then Rs. 2500/-professional tax would be payable

Professional Tax registration is abundantly online process. So it is good for matter entities. You ne need to visit our office. Send us whatever your documents next sign and stamp through emails. We will realize your work. You pay our further online.