We manage to pay for Professional Tax Registration in Kolkata. Professional Tax is pseudonym States income tax. Professional tax is levied by let in governments of India upon salary of individuals, income of professional engaged in practice etc. We will present you whatever information roughly Professional Tax registration in this article in brief.

Professional Tax Registration In Kolkata

Professional Tax registration means, registration in let in level tax. Professional tax levied to salary of individuals and professionals as soon as advocates, chartered accountants, company secretary, cost accountants, doctors etc. Professional tax registration is mandatory within 30 days of from start of business or in exploit business 30 days of employing staff in business. Professional tax is imposed at divulge level; it is source of revenue of State governments. In India anything state have its own rate of professional tax i.e. it is every second states have alternative Professional Tax rates. Owner of situation is responsible for Professional Tax registration. Owner is also blamed for abstraction 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 allowance slabs set by own up governments. If business entities is received in higher than one state than they habit to gain a professional tax registration in each states. The Professional Tax may be paid to the government upon monthly basis or quarterly basis or annually it is depends upon respective state giving out laws.

Advantage of Professional Tax Registration:

1. For fulfill the statutory requirement of State processing tax law.
2. Avoid penalty to get union of failure of Professional Tax registration.
3. For easy compliance gone professional tax regulations.
4. For ejection of tax from salary of employees or allowance of professionals.
5. For payment of state executive tax.

Documents Required for Professional Tax Registration:

1. Copy of pan card of all Directors / partners of the business entity.
2. Copy of pan card of matter entity.
3. Copy of MOA & AOA of matter entity.
4. In court case of professionals everything 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 in the express of documents.
3. Documents read out 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 give access laws. Professional tax is source of income for let in 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 along with Rs. 300,001- Rs. 500,000/-   then Rs. 1000/- professional tax would be payable
3. If salary is in between 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 adequately online process. So it is good for issue entities. You ne need to visit our office. Send us all your documents past sign and stamp through emails. We will accomplish your work. You pay our money up front online.