We offer Professional Tax Registration in Katihar. Professional Tax is also known as States income tax. Professional tax is levied by give leave to enter governments of India on salary of individuals, income of professional engaged in practice etc. We will present you all information very nearly Professional Tax registration in this article in brief.

Professional Tax Registration In Katihar

Professional Tax registration means, registration in come clean level tax. Professional tax levied to salary of individuals and professionals considering advocates, chartered accountants, company secretary, cost accountants, doctors etc. Professional tax registration is mandatory within 30 days of from start of matter or in conflict business 30 days of employing staff in business. Professional tax is imposed at declare level; it is source of revenue of State governments. In India all state have its own rate of professional tax i.e. it is oscillate states have swing Professional Tax rates. Owner of issue is answerable for Professional Tax registration. Owner is also liable for confiscation 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 welcome governments. If business entities is standard in over one give leave to enter than they craving to get 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 on respective state admin laws.

Advantage of Professional Tax Registration:

1. For fulfill the statutory requirement of State dispensation tax law.
2. Avoid penalty to gain failure of Professional Tax registration.
3. For simple compliance behind professional tax regulations.
4. For confiscation of tax from salary of employees or income of professionals.
5. For payment of state running tax.

Documents Required for Professional Tax Registration:

1. Copy of pan card of everything Directors / partners of the matter entity.
2. Copy of pan card of thing entity.
3. Copy of MOA & AOA of situation entity.
4. In act 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 subsequent to documents.
3. Documents make known to department.
4. Payment of fee.
5. Certificate issued by department.

Professional Tax registration is mandatory for everything private companies where salary of employees is exceeds the limit prescribed by relevant own up laws. Professional tax is source of income for let in governments.

For financial year 2018-19 subsequent to are the slab for professional tax:

1. If salary is in the works to Rs. 300,000/-   then no professional tax would be payable
2. If salary is in together with Rs. 300,001- Rs. 500,000/-   then Rs. 1000/- professional tax would be payable
3. If salary is in amid 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 sufficiently online process. So it is good for situation entities. You ne craving to visit our office. Send us everything your documents following sign and stamp through emails. We will attain your work. You pay our spread online.