PT - Professional TAX Filing

What is Professional Tax Filing?

Professional tax being levied by the State Government, is different in different states. Every state has its own laws and regulations to govern professional tax of that particular state. However, all the states do follow slab system based on the income to levy professional tax.
Further, Article 276 of the Constitution which empowers the State Government to levy professional tax also has provided for a maximum cap of Rs 2,500 beyond which professional tax cannot be charged on any person.

In accordance with the provisions of the Act, Everyself employed professional and any entity employing one or more employee required PT Registration. The slab for professional tax varies across the different states in India. It is applicable only if the salary or wages paid to anyone or more employees exceeds Rs. 5000/- per month.
In case of Salaried and Wage earners, the Professional Tax is liable to be deducted by the Employer from the Salary / Wages of the employee and the Employer is liable to deposit the same with the state government. In case of other Individuals, this tax is liable to be paid by the person himself to the State Government
However, a professional tax levy is subject to the exemption provided by the respective State to certain categories. For example, parents or guardian of any person who is suffering from mental retardation, blind persons are exempted among others from levy of Karnataka Professional tax.

What is the procedure to pay Professional Tax? Is any Return to be filed?

This is again a State-specific query. However, in general, a professional tax may be paid either online/offline. Further, depending on the State’s requirement professional tax return also need to be filed at specified intervals.

Quarterly Returns Filing