Professional Tax Registration In Maharashtra
Professional tax registration in Maharashtra is required for employers & persons engaged in any profession. Easily obtain Professional Tax registration in Maharashtra for your business through rapporthr.in for Rs.4999."
Flexible Pricing Plans
Rapport START
Rs. 4999
Rs.4999 + GST@18%- Free Consultation
- Application Filing
- Submitting Application to PT department
- PTRC Registration
Rapport SELECT
Rs. 7999
Rs.7999 + GST@18%- Free Consultation
- Application Filing
- Submitting Application to PT department
- PTEC & PTRC Registration
Rapport SUPER
Rs. 19999
Rs.19999+ GST@18%- All services of Rapport Start plus
- Virtual office
- Rent Agreement of 11 months
- Property Tax, Electricity Bill and NOC
Professional Tax Registration In Maharashtra
The State Government levies the professional tax on the professionals and members. The levy and governance of professional tax in Maharashtra is regulated under the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975.
In Maharashtra, businesses must Professional Tax Registration in Maharashtra within 30 days of establishment. Notably, profession tax applies not only to employees but also to directors and partners of the business.
Even for businesses without employees, obtaining a Profession Tax Enrollment Certificate (PTEC) is necessary, allowing directors, partners, and proprietors to fulfil their profession tax obligations. However, once the business starts paying any employee a monthly sum of ₹75,000 or more, a Profession Tax Registration Certificate (PTRC) is required.
Who is Required to Pay Professional Tax in Maharashtra?
The following persons are mandated to pay the professional tax in Maharashtra:
1. Persons who have a Professional Tax Registration in Maharashtra
2. Professionals working in government or non-government sectors, doctors, lawyers and chartered accountants
3. Self-employed and salaried individuals
Professional Tax Payment Timeline in Maharashtra
1. Businesses that bear a profession tax liability of more than Rs.50,000, are required to file the monthly profession tax returns before the last date of each month
2. Businesses that have a tax liability of less than Rs. 50,000 in the previous year are required to file a tax return annually on or before the 31st of March
A revised and corrected professional tax return can be filed in case of any omission or filing of incorrect statements
1. The due date for the payment of profession tax in Maharashtra is dependent on the date of enrolment of the business establishments.
2. For those businesses that enrolled before the commencement of a year, on or before 31st May, the due date would fall on the 30th June of the respective year.
For businesses that enrolled after 31st May, the profession tax payment would be due within one month of the date of enrolment.
| PROFESSIONAL TAX RATES IN MAHARASHTRA | |
|---|---|
| Up to Rs. 7,500 | Nil (for male) |
| Up to Rs. 10,000 | Nil (for female) |
| From Rs. 7,500 to Rs. 10,000 | Rs. 175 (for male) |
| Rs. 10,000 onwards | Rs. 200 for 11 months + Rs. 300 for 12th month |
Following individuals can claim exemptions from paying professional tax in Maharashtra:
- senior citizens over 65 years of age,
- parents of a mentally feeble child,
- individuals or parents of children undergoing physical disability
- Physically incapacitated individuals with 40 % or more disability and
- textile industry Badli workers
| Out of the 28 states and 6 union territories in India, professional tax is applicable in 21 states and 1 union territory. | ||
|---|---|---|
| 1. Andhra Pradesh 2. Assam 3. Bihar 4. Chhattisgarh 5. Gujarat 6. Jharkhand 7. Karnataka 8. Kerala 9. Madhya Pradesh 10.Maharashtra | 11. Manipur 12. Meghalaya 13. Mizoram 14. Nagaland 15. Odisha 16. Punjab 17. Puducherry 18. Sikkim 19. Tamil Nadu 20. Telangana | 21. Tripura 22. West Bengal |
Documents Required
The following documents are needed to register for the professional tax in Maharashtra
- Certificate of Incorporation
- MOA and AOA of Company /LLP Agreement.
- PAN card of Company/LLP, which is attested by the director of the company.
- Address proof of the organisation along with a NOC from the owner of the premises
- Bank account details of the company. (Bank statement or cancelled cheque)
- Address and identification proof and passport size photographs of all the directors/partners.
- Email Id and Phone Number
Advantages of Professional Tax Registration In Maharashtra
Benefits of Professional Tax Registration
- It is a legal requirement: In most states, it is mandatory for all professionals to register for professional tax. Failure to do so can result in penalties and interest charges.
- It helps to fund government programs: The money collected from professional tax is used to fund government programs, such as education, healthcare, and infrastructure development.
- It can help to reduce the tax burden on businesses: By registering for professional tax, businesses can claim a deduction for the tax paid by their employees.
- It can help to improve compliance: By registering for professional tax, businesses can demonstrate that they are in compliance with the law. This can help to avoid audits and penalties.
- It can help to protect businesses from liability: In some cases, businesses may be held liable for the unpaid professional tax of their employees. By registering for professional tax, businesses can help to protect themselves from this liability.
Eligibility of Professional Tax Registration In Maharashtra
Following person need to take PTEC registration immediately without delaying:-
- Employer exceeding the prescribed turnover limits
- Firms carrying on trades/professions
- Business owner having employees in different states
- Professionals offering freelance services
Steps for
Professional Tax Registration In Maharashtra
Submit an application using Form 1 within 30 days from the date of becoming liable to pay profession tax. This can be done on the official website.
Go to the ‘New Registration’ section on the website and upload the necessary documents.
Furnish details related to PAN (Permanent Account Number) and TAN (Tax Deduction Account Number).
An activation link is sent to the registered mobile number and email. Use this link to obtain login credentials.
Log in with the received credentials and click on ‘New Registration.’ Select the Maharashtra State Tax on Professions, Trades, Callings, and Employments Act, 1975. Form II will be issued.
Provide applicant details, utility information related to electricity, scanned copies of relevant documents, bank details and rent information.
After form submission, an acknowledgement with the date and time of registration is generated
Affix the signature of the proprietor, partner, or director on the application and submit it to the relevant professional tax registration authority.
Upon receiving the application, professional tax registration is provided in Form 1-A along with a Tax Identification Number (TIN).
Read Most
Frequent Questions
An individual who is engaged in any activity or any profession, trade, or employment has to pay professional tax in Maharashtra.
The professional tax rate in Maharashtra is calculated based on salary slabs. The maximum amount that can be deducted as professional tax is Rs. 2500 annually.
Professional tax should be paid by every individual. There are penalties in case of noncompliance.
Yes, the professional tax rates differ from state to state. The rate of professional tax in Maharashtra would be different from that of Tamil Nadu. But the maximum amount that can be deducted as professional tax is Rs.2500 per year.