🔵Professional Tax Calculation, Eligibility, Penalty Explained
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- Опубліковано 18 бер 2019
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Learn what is Professional Tax, how to calculate Professional Tax, its eligibility, applicability and penalties. Professional Tax is different for different states and mostly applicable to Southern India rather than Northern India.
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Read this in English: labourlawadvisor.in/blog/prof...
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Chapters:
01:03 What is Professional Tax?
01:50 Applicability of Professional Tax
02:50 Calculation of Professional Tax
04:30 State-wise Professional Tax
05:00 Registration for Professional Tax
05:58 Responsibility of submission and deduction
06:41 Return of Professional Tax
07:25 Income tax benefit
07:48 State payment links
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Sir telangana is also applicable for PT
Sir, agar koi employee na ho to bhi kya Proprietor ko PTRC me registration karavana jaruri hai?
Sir salaried person kisivi profession ma ho uska upor p tax lagta hay kay?
Sir, first of all I appreciate your videos and the way of answering to any question. I request you to make a video on CTC and salary components which one is taxable or tax expected upto how much amount. Please consider about my humble & polite request. Thanks.
Glad you found our blog useful :)
Hello sirji,
Could you please let me know what to choose while making payment of PT in mahagov site for 'Order type'?
Thanks for making this channel and putting your time and efforts to create content on latest updates on labor law.. keep up the good work.. thanks once again.. Regards, Rohit Goa.
Rohit Bhai, Goa aaenge to ghum doge ?
Labour Law Advisor yes definitely will meet👍🏻👍🏻
You are really doing a great job.
I really understand well sir... Thanks
Can we approve DOL in service history of an employee through online kyc?
Boring topic made interesting..... Thank You so Much Sir...
Sir
If I paid 4000 rs as professional tax ,then which will be the deduction amount from gross total income ?? 4000 or 2500 ??
Thank you 👍 very well explained 😊
Very good information, thank you Sir
Nice info. but I have a Query Ive registered for GST in May-2019 but I didnt knew abt PTEC (as there are no employess with me) I got a email from sales tax Dept. regarding registration of PTEC before 31.03.2020 but I failed to do so for some reason. Now my I have registered for PTEC on 06.04.20 so and in the Registration cert. is says "The holder of this certificate shall pay the tax for the unenrolled period at Rs. 0.00 immediately forthe years 0-0 (Previous years); Rs 2500.00 on or before 30-Jun-20 for year 2020-2021 (current year) and Rs 2500.00 per annum on or before 30th June of every year, in the manner prescribed in rule 20 of the Maharashtra State Tax on Professions Trades, Callings and Employments Rules, 1975." what should I do. should I pay previous year tax. or continue paying PTEC advance.. plz help
Very informative.. Thanks
Sir, IF PTRC payment wrongly gone to PTEC then what to do ?? Please advice
A question.. if a Pvt LTD company is registered in haryana and all TDS and GST filing happens in haryana then do they need to register for professional tax in Maharashtra if a few employees are located in a Mumbai office?
Can we approve DOL in service history of an employee through online kyc
Hello sir, I am from odisha.
In between financial year if I change from one plant to other on sep. Month, is the 2nd plant can deduct 2500/- ?My 1st plant already deducted. 200/- p/m from April to aug?
@LabbourLawAdvisor Please tell me onething I'm a employee and hv to pay Professional Tax, so can I claim it through ITR, I'm exempted from Tax Bracket..
Sir if a company is has two gst in one state then ptax for noth gstin need to be paid?
Thanks... Pls make a same video on LWF also
Pls mujhe ek batayina, Pvt LTD company me agar salary pe TDS katate to Kya us vakt PT bhi deduct hoga kya
Sir, mera ak question hai
may West Bengal say hu, mera pas import and export business ka license hai , mera 1 saal ka turnover Nil hai too mujha kitna P-TAX dena hoga?
Dear Sir, We have made payment of PT twice for the month of May 2020. What is the process to get a refund of the extra amount paid?
Thanks. It's business all about
Are we required to deduct p tax on leave encashment and incremental salary ?
Hi Sir I have opened a Gst registration Jun 17th 2019 as a proprietor but in 20 days I received a professional tax notice of 2400 + penalty. Is this sent by mistake or legimate . From karnataka.
Sir can you please give the detail video on assam regarding professional tax in detail?It will very help for us.
Sir I had reverse back my form 10c by the bank due to mismatch name on my bank account in 2010. Then I register grievance in the pf site they said to full fill again the all claim form so I sent it again but now I will not get my form 10c amount. So I request you kindly suggest me what can I do.
Please make video relate to registration and contribution process of PTX and LWF Because no such kind of video available on internet
Difference between
010-(1)(A)(A)-SHOP & ESTABLISHMENT EMPLOYERS COVERED BY THE B.S.& E. ACT HAVING NO EMPLOYEE
And
010-(1)(B)(A)-SHOP & ESTABLISHMENT EMPLOYERS NOT COVERED BY THE B.S.& E. ACT HAVING NO EMPLOYEE
Employeed personal has no tax liability and when he received salary pro. Tax is deducted than such tax is refundable or just claim as deduction while calculation taxable salary....?
Thanks for the video! I am from West Bengal and have been late in paying PT for about 3 years. The government website just mentions the tax amount and no interest for late payment. Am I eligible for it? If so, is there a place that can show me the total interest I am liable to pay. Also, can I be exempt from paying the late fee or will I have to pay for all the 3 years? Any help will be greatly appreciated!
Hello bro, did you pay the late payment penalty or did you have to go to office for that?
Hi sir, am from Chennai as I have an query, I am normal employee and I resigned my job on Nov 19 and I had 60 days notice period and I relived on Jan 11 2020. My last pay of pro.tax was sep 2019. But now they deduct Pro.tax in my settlement they said it was period of Oct 2019 to Mar 2020. Plz advice is this correct and pro.tax also includes when the employee servied notice period
Question from Odisha Professional Tax point of view:
1) Whether deduction of professional tax from the monthly salary / wages can be on the basis of monthly payout or is it on the annual gross pay out ?
2) Can the bonus provision, which is an annual pay out to calculate the professional tax deduction month on month, be taken into account on deduction of professional tax from the monthly salary / wages ?
3) Can the gratuity provision, which is also a part of CTC to calculate the professional tax deduction month on month, be taken into account on deduction of professional tax from the monthly salary / wages ?
4) Can professional tax be deducted from an employee whose monthly gross wage is less than Rs.13,304/- ?
sir, i m from Punjab. Today my salary is credited to my account and deduction is around 1400 and institution mention the same reason of deduction that is development tax. as i go through the detail about this tax this is only applicable to the tax payers. but my issue is that my monthly income is 21000 how ever my annual income around 2 lacks because our institute relieve some of the faculties for the duration of 2-3 months for which employees don't get salaries.
please tell me this deduction from our salary is genuine or not. and if not then what can we do??
HI sir, i have filled the excel template but once click on validate button msg showing your form is validated and its error free and also showing path of txt file but txt file not getting generate even showing msg the file has been saved.
Please help me sir.
Is currently PF still applicable in only these states - as I read additional 7 States/UT added in this list Manipur - Mizoram-Nagaland-puducherry-sikkim-telangana-goa , Please help to confirm.
Sir,
Had a doubt when a company is deducting and paying PT online for their employees & why the company need to file returns online again any how is there any chance both can be done in single screen online.
It's applicable in Sikkim as well.
In Tamilnadu, in FY 20-21, in first 6 months of FY, employee works only for 2 months. E.g July and August. Do I have to deduct professional tax @ Rs. 1250/2 = Rs. 750 per month or as usual Rs. 208 per month. Please help
My uncle has got a very small workshop and his GST return is NIL every month. Still we need to register for PTEC or no? Kindly guide
Sir,
Professional tax ko kya income tax hi hai? Agar hai to osse alag Keo rakkha gya?????
In our proprietary firm 3 employees working ,in this condition my employer can deduct p tax .?
Sir kya aap bata sakte he ki kitane pement par ye taxes shuru hota he Maharashtra state me
Sir,
Kindly request you please make a video about working hours in a day.
Is professional tax payable on base salary or Salary that is receivable after leaves as per slab ? My employer is claiming that it is on base salary. But as I took exam leave I came down in lower slab in that month.. so is it base salary or it is on net amount receivable. Can someone help me with some proof that I can produce with employer .
Hi sir,
My date of exit is updated my employer but not displayed on EPF portal.
Request to please sujjet me.
Sir, my question is ...agar Mera business register Andhra Pradesh me aur employees working in mh ...tax kis state me pay karana hoga , Kya registration har state me karana ho ga
Mera dosth retair home 1 sal hogaya he lekin pf abi thank nahi Mila he uska adhar ka name alghe Kya koru
Thank you for information
Hello sir can you say me if then I'll pay to ptrc but wrongly pay for ptec so how can I'll handle the situation....can you tell me sir please🙏🙏
sir mai pehle ek company me kam karta tha waha ka PF nahi nikala tha, phir 2 sal baad mai wahi company join kiya. pehle online pf passbook me purana wo company ka balance dikhata tha, lekin mai jab phir se company join kiya hu to pf passbook me naya hi chalu ka balance dikhata hai. purana wala pf passbook balance nahi dikh raha, aisa kyu mera purana same company ka pf kaha gaya hoga
Sir
PTEC paid Kiya hai, as a Partner in a Firm
To Kya agar Kahi par naukri Kar raha hoon to Kya PTax katega.
Pls reply
PR file returns fill krna is mandatory for employees or employers???
Hi sir,
Sir mera PTRC registration galat ho gaya hai to use kaise thik karna hai.
Pls reply sir
What can be done if PT is deducted from 2 organisation.....if you are working with both organisation
Please make a video on Income Tax Act 10(26)
Sir Mera Purana PF No Hai 2016 ka Vo activate Nahi ho Raha Kya Aap mere help kar sakte Hai use activate karne me
Unable to find the app in ios software. It should be there. Plz share me the link
Sir mai Maharashtra sy hu, Mera 2jaga job hai aur mera 2 jaga professional Tax kata hai , ek to thik hai but Dushra , kya ek saal mai do alag alag ghaga pT deduction hota hai
Please batay
Agar monthly salary 20000h par 15day hi duty kiye salary aaaya 10000to kya fir bhi PT lagata h
Very good information for all
PTRC Payment need to pay Monthly or Yearly if previous year liability less than 1lakh ???
Maharashtra me PTEC ka payment delay huaa hai to kya interest & penalty lagegi, aur lagegi to kitne lagege?
a: low premium high cover
How to deduct Professional Tax, on Gross wages or Gross Income ?
Can PT be levied on honorarium paid monthly?
Sar private limited company ke liye pt registration compulsart he kya in mp
Hamare pas koi empyoyed nhi h
Bihar PT september mein deposit karte hai lekin kis period ke liye yeh confirm nahi ho raha ? Apr to Mar or Oct to Sep?
One company is deducting professional tax under 194J, at Noida however Uttar Pradesh is not in list those deduct 194J.
Let me know if I am on right track...?
I AM N employee of a company, now in the month of march we need to collect the p tax from our employees, that we can do from the total gross salary and slabs but what about other earnings of the employee, ei production incentive , overtime,,, are this amount are added to the gross amount ? please reply me.
Business man mo bhi pay krna hoga ,yadi wo gst me Registered hai to ?
We have proprietorship company registered under GST from 2017-18 in west bengal. All GST returns are filled NIL since no transaction as on date with no employee except proprietor . We receive notice from professional tax authority for payment...are we liable ? Or we have an option of explaining our situation to waive off penalty....pls guide ?
Sir, Mera business suru hua 2020 ka November me, par ptax ke office se mail aya ke 2018-19 and 2019-20 ka tax unpaid hain. Ab main kya karoo
Great going bro..
Professional Tax Electrical Contactor ko applicable hai kya sir ??? Please help me ...
Tours and travels ki professional tax bharna padega kay
Workers 1
Sir...i wannna talk to you regarding some queries....plzz tell me how i can contact you
Is professional tax applicable on statutory bonus payment
I do not have any salaried employees but a few contractors. I know I need to pay PTEC but can I file NIL returns for PTRC? Thanks a lot.
Please provide the link again to check the professional tax applicable on salary.
is there any exemption for payment of professional tax for physically handicapped people in madhya pradesh? if yes under which act and rule? i need to show documentary proof in my office for getting exemption?
Sir Bhut msg krta hu aap ko jawab nhi de rahe plz Maine company chod k Pf niklwa Liya tha fir main dubara kisi aur company main join kr Liya abb mere pension fund Nhi nikl raha Kya kru plz tell me
Pls tell something on provisional income shown by employer in form 16 but not given and tax deducted accordingly
Helw sir....I m salerised person....I want to invest but I confused in ulip ,elss ...mutual fund...kindly reply which one is best for me...
Helpful content & good sense of humor!!
Sir I am from Maharashtra snd own a sole proprietorship for my ecom business from my residence with no employees. Do I still need to go for professional tax registration? Is this mandatory?
Can we cancel PTRC if we don't have any employees? Earlier there were employees, but now there are none
hi, i have taken GST with an aspiration to start a business this did not take off and have zero transactions since the day of taking GST no,a proprietorship concern have been filing NIL GST Since in hopes that in a future date i will use this , do i need to pay PT as i have no income no transactions, I am from Maharashtra, please let me know
Is bonus and leave falls under professional tax please advise
Sir if employee gross as per wage days 23 his gross is less than 15000 then he is eligible for ptax or not for karnataka state
Professional tax is applicable on subsistence allowance
Is the retainer ship payment liable for professional tax??
Will you please clarify about professional tax in chhattisgarh.Actually it shows in some sites but in others it shows that it is exempted in chhattisgarh. Please clear
Sir hum 2020-21 ka professional tax nahi diye to humko kitna interest lagega
Sir in my school they don't give a salary slip, but they deducted P.T. from Every teacher.
What to do and how to understand this thing? Kindly guide me.
I like to know that may i claim this professional tax if my salary is under 16000..??
Sir agar company Hyderabad ki hai or contract utter pradesh mai chal rha hai to kya pt tax applicable hai hai ?
Abhi new India insurance ka agent bana sirf 534 rupya commission aaya or profession tax mera senior bol rahe hai barne ko 2500 kya yah sahi hai